Prime Life at a glance

  • Affordable reassurance for your loved ones
  • Guaranteed acceptance for customers aged 55-85
  • Funds usually available 48 hours after the claim is accepted
  • 15% discount for joint policies
  • Cover levels available from $5,000 to $15,000
  • Premiums fixed regardless of any future health problems
  • Underwritten by Cigna Life Insurance New Zealand Limited
  • Immediate cover for accidental death and full cover after 24 months


How am I protected?

Prime Life is designed to firstly cover the immediate needs of those you leave behind. However with guaranteed acceptance for TSB customers aged 55-85 and no medical questions to answer, you'll also have the flexibility to put additional cover in place at a time of life when it can be hard to get extra cover.

Simply nominate a beneficiary, and Prime Life ensures tax-free funds will be available to them when they’re needed most – usually just 48 hours after the completed claim requirements are received.

You’re protected for accidental death from day one. After two years, full cover applies for both accidental death and death by natural causes. Suicide is not covered within the first 13 months of the policy. If death by natural causes occurs in the first two years, we will refund 100% of any premiums paid.


Prime Life lets you choose the level of cover you want to provide, with premium discounts for non-smokers.

You’ll find it easy to plan ahead with fixed monthly premiums. And if you and your partner both join together, we will discount your total premium by 15%. Prime Life is also tax-free under current legislation so you’ll receive your full cover level.

Below is an example of the monthly premiums you can expect to pay.

Example Cover level Monthly Premiums
55 year old non-smoking male $10,000 $49.70
57 year old smoking male $6,000 $47.71
60 year old non-smoking female $5,000 $27.29
65 year old smoking female $5,000 $40.54



Need to make a claim?

To request a claim form or ask any questions related to a claim: 
Phone 0800 244 467

  • Terms and Conditions

    Prime Life Insurance is arranged by TSB Bank Limited and is underwritten by Cigna Life Insurance NZ Limited (‘Cigna’), PO Box 24031, Wellington. A full copy of the Terms and Conditions are included in the Policy Wording which is available on request. TSB Bank Ltd receives a commission from the sale of insurance policies sold on behalf of Cigna Life Insurance NZ Ltd. All information is accurate at August 2013. TSB Bank does not guarantee or underwrite this insurance product marketed on behalf of Cigna and is not liable if the insurer declines to pay a claim.
    Full terms, conditions and exclusions are available in the Policy Wording. Cigna’s Credit Rating can be viewed here.