NZLife.

  Costello Financial Adviser

Comparing Insurance Costs

NZLife compares all similar insurance products to those offered for a range of ages regularly and the results are presented below.

For more current comparisons, see the active NZLife cost comparison web page.

Archived Comparisons from October 2014

Cost Comparisons – Life Insurance – October 2014

The cost of monthly premiums for Life Insurance of $200,000 from a variety of sources follows.

Male Non smoker Non smoker Non smoker
Insurer Age 25 Age 35 Age 45
Our NZLife. Price 19.98 17.57 29.38
AiA 29.53 21.65 33.90
AMP 34.04 33.16 42.99
Asteron 22.11 19.95 35.91
OnePath 22.80 20.98 34.76
Partners Life 21.63 22.95 35.95
Fidelity Life 22.96 19.60 32.18
 
Female Non smoker Non smoker Non smoker
Insurer Age 25 Age 35 Age 45
Our NZLife. Price 14.09 14.83 24.99
AiA 22.53 18.33 28.73
AMP 28.77 30.53 37.55
Asteron 14.96 15.96 29.43
OnePath 15.42 17.92 29.62
Partners Life 18.84 20.35 32.17
Fidelity Life 15.23 16.58 28.00

See Notes below.

Cost Comparisons – Critical Illness Insurance – October 2014

The cost of monthly premiums for Critical Illness Insurance accelerated of $200,000 from a variety of sources follows.

Male Non smoker Non smoker Non smoker
Insurer Age 25 Age 35 Age 45
Our NZLife. Price 18.54 25.03 68.95
AiA 21.53 31.40 83.32
AMP 24.01 32.89 92.81
Asteron 19.45 29.09 81.13
OnePath 20.75 30.36 79.38
Partners Life 19.50 27.69 76.83
Fidelity Life 18.93 33.38 94.35
 
Female Non smoker Non smoker Non smoker
Insurer Age 25 Age 35 Age 45
Our NZLife. Price 17.52 25.66 57.94
AiA 18.31 30.99 71.44
AMP 20.98 34.91 78.69
Asteron 17.12 28.43 67.33
OnePath 19.69 29.62 68.61
Partners Life 17.23 27.63 65.98
Fidelity Life 14.12 34.66 83.12

See Notes below.

Cost of TPD Insurance – October 2014

The cost of monthly premiums for TPD Insurance accelerated any occupation of $200,000 from a variety of sources follows.

Male Non smoker Non smoker Non smoker
Insurer Age 25 Age 35 Age 45
Our NZLife. Price 4.21 3.74 10.44
AiA 5.03 5.03 15.90
AMP 4.64 6.05 17.55
Asteron 5.15 5.49 14.13
OnePath 5.63 5.46 15.70
Partners Life 4.97 4.88 13.65
Fidelity Life 5.58 6.57 20.36
 
Female Non smoker Non smoker Non smoker
Insurer Age 25 Age 35 Age 45
Our NZLife. Price 3.87 4.65 15.31
AiA 5.43 5.84 17.31
AMP 4.64 6.05 18.36
Asteron 4.99 5.99 16.96
OnePath 6.47 6.61 20.05
Partners Life 4.97 5.85 18.33
Fidelity Life 3.28 7.55 20.03

See Notes below.

Cost of Income Protection and Waiver of Premium Insurance – October 2014

The cost of monthly premiums for Income Protection Insurance for indemnity value for a general clerical occupation for $2,000/month with an 8 week wait and 5 year claim period including waiver of premium whilst on claim from a variety of sources follows.

Male Non smoker Non smoker Non smoker
Insurer Age 25 Age 35 Age 45
Our NZLife. Price 17.31 18.72 32.29
AiA 19.15 22.92 41.25
AMP 31.25 35.23 61.57
Asteron 22.70 25.54 42.30
OnePath 17.06 22.75 44.35
Partners Life 15.65 20.90 40.13
Fidelity Life 16.17 20.97 43.11
 
Female Non smoker Non smoker Non smoker
Insurer Age 25 Age 35 Age 45
Our NZLife. Price 21.92 29.91 51.65
AiA 25.22 35.45 66.18
AMP 39.79 48.08 85.80
Asteron 32.24 38.81 66.84
OnePath 24.28 36.99 71.04
Partners Life 21.06 33.89 70.08
Fidelity Life 24.01 32.32 60.47

* = 5 year claim period

Notes:

Further Archive of Life Insurance Comparisons

For October 2013 comparisons - click here.
For December 2011 comparisons - click here.
For March 2010 comparisons - click here.
For December 2009 comparisons - click here.
For June 2008 comparisons - click here.
For May 2007 comparisons - click here.
For September 2006 comparisons - click here.
For March 2006 comparisons - click here.