Life Insurance

Protecting, individuals, families and business' when the worst happens

What is Life Insurance?

Life insurance provides a one-off lump sum payment if you pass away or are diagnosed with a terminal illness (expected to result in death within 12 months). In New Zealand, life insurance is one of the most important ways to protect your whānau and their financial future.

While no one likes to think about the worst-case scenario, having the right life cover in place offers peace of mind. It means your loved ones can stay financially secure even if you’re not there to provide.

Designed around your needs and budget, life insurance is a safety net that ensures the people you care about most are looked after.

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Is Life Insurance for me?

It’s never too early to start thinking about life insurance—even if the end of your days feels far away! By working with your advisor, you can set up cover that fits your current situation and easily adjust it as your life changes.

Life insurance is especially important if you have financial commitments, whether that’s a mortgage, a family, or both. A helpful question to ask yourself is: “If I were to pass away tomorrow, how much money would be needed to take care of everything, and where would that money come from otherwise?”

Who owns my Life Insurance policy?

This choice is completely yours! The policy owner is the person who receives the payout when a claim is made.

It can be you, or you might consider a joint policy with your partner, making things easier for them if something happens to you.

How do I know how much cover I need?

Life insurance covers a range of products, each offering different benefits to suit various budgets. While many providers offer handy online calculators, your advisor can help you find the best fit based on what matters most to you and your family.

What happens if my circumstances change?

Life changes, and the type of insurance cover that suits you at one stage might not be the best fit down the track. That’s why it’s important to review your insurance regularly. Your advisor will take the time to understand where you’re at and help you decide if your current policy still meets your needs, or suggest ways to improve it.

At ABC Insurance, we make this easy by offering yearly reviews to keep you on the right track, no matter how life evolves.