If the worst should happen and you die, would your family survive financially? How would the mortgage or everyday living expenses be paid? If you’re under 70, Term Life Insurance, underwritten by Cigna Life Insurance NZ Ltd, is the best way to protect your family’s financial future.
At a glance
- Lump sum payment
- Cover for terminal illness
- The option of crisis cover
- Stepped and Level Cover premiums
- Cover your partner and receive a 5% discount
- Immediate cover once your application has been accepted
- 30-day free look period
- Hassle free renewal
How am I protected?
Term Life Insurance is designed to help you look after the people who depend on you financially by providing your estate or a nominated beneficiary with a lump sum payment when you pass away. If you are diagnosed with a terminal illness up to 100% of your cover could be paid in advance to be used as you wish.
Optional Crisis Cover
If you're under 60, Crisis Cover can protect you against the financial impact that follows major illness and trauma, not just associated medical costs. The payment could assist with everyday expenses, debt reduction or even help pay for a holiday to recover – the choice is yours.
We can help you work out the level of cover you require.
Stepped Cover - premiums adjust with age. It may suit you to pay less premiums while your mortgage repayments and family commitments may be higher.
Level Cover - premiums stay the same throughout the life of your policy.This could save you money in the long term and is great for budgeting.
To keep up with the rising cost of living, each year your cover will be automatically adjusted to meet inflation (up to a maximum of 10% each year). After you have declined this offer three times, no more adjustments will be offered.
You will also save money on your premiums if you’re a non-smoker.