NZLife.

Comparing Insurance Costs

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

Life Insurance
Critical Illness
Total Permanent Disablement
Income Protection

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:

Monthly premiums include policy fees in Life cover only and waiver of premium with income protection where applicable.
The conditions covered and definitions may vary with insurers.
The minimum premium for NZLife policies is $15.mth. Other suppliers have minimums ranging from $12.50 to $20.00. We suggest you increase or add other benefits to get best value.
Smokers rates are approximately double the above costs. Check on the calculator.
The rates quoted are for the first years premiums based on a standard life risk. Actual rates may vary depending on the assessed risk, and increase in future years, depending on the type of policy purchased, (rate for age or level term - see notes below) and the supplier.
Other sites may offer what may appear to be major discounts, but they are still more expensive than NZLife! If you find a lower price please tell us.

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.