Comparing Insurance Costs

Are you wondering how our insurance prices compare to those offered by AiA, AMP, Asteron, OnePath, Partners Life or Fidelity Life?  The team at NZLife checks those prices for you! The report below compares all similar insurance products for a range of ages. Call the office to discuss your individual situation.

Optionally skip ahead to a particular type of insurance:

Cost Comparisons – Life Insurance – November 2017

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

MaleNon smokerNon smokerNon smoker
InsurerAge 25Age 35Age 45
Our NZLife. Price20.1618.2530.17
AiA30.5322.6534.90
AMP28.7521.2734.30
Asteron25.8021.3538.50
OnePath23.0021.0334.71
Partners Life25.6922.8035.65
Fidelity Life23.7820.2633.46
 
FemaleNon smokerNon smokerNon smoker
InsurerAge 25Age 35Age 45
Our NZLife. Price14.0215.2825.64
AiA23.5319.3329.83
AMP18.7730.5329.76
Asteron16.1015.9631.67
OnePath15.6718.0030.14
Partners Life19.1919.9631.33
Fidelity Life15.6717.0829.37

See Notes below.

Cost Comparisons – Critical Illness Insurance – November 2017

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

MaleNon smokerNon smokerNon smoker
InsurerAge 25Age 35Age 45
Our NZLife. Price17.6923.9869.32
AiA19.9228.9877.08
AMP18.3025.1770.66
Asteron22.1832.2182.07
OnePath18.1228.1079.04
Partners Life20.8829.6680.23
Fidelity Life19.1533.7595.40
 
FemaleNon smokerNon smokerNon smoker
InsurerAge 25Age 35Age 45
Our NZLife. Price17.1125.0758.80
AiA16.9028.5866.01
AMP15.9426.5159.92
Asteron20.5633.1871.23
OnePath17.8127.6270.98
Partners Life18.4529.5968.89
Fidelity Life14.2835.0584.04

See Notes below.

Cost of TPD Insurance – November 2017

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

MaleNon smokerNon smokerNon smoker
InsurerAge 25Age 35Age 45
Our NZLife. Price7.146.3417.72
AiA6.244.8317.11
AMP8.669.1921.72
Asteron6.526.9417.89
OnePath7.327.1020.41
Partners Life6.866.7218.35
Fidelity Life6.707.8824.43
 
FemaleNon smokerNon smokerNon smoker
InsurerAge 25Age 35Age 45
Our NZLife. Price6.587.8926.31
AiA6.445.4320.13
AMP8.669.1921.73
Asteron6.317.5821.46
OnePath8.418.5926.06
Partners Life6.868.0724.64
Fidelity Life3.949.0631.13

See Notes below.

Cost of Income Protection and Waiver of Premium Insurance – November 2017

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.

MaleNon smokerNon smokerNon smoker
InsurerAge 25Age 35Age 45
Our NZLife. Price17.8719.1331.16
AiA25.7229.7145.47
AMP33.1335.0165.00
Asteron23.3826.3043.56
OnePath24.1529.2347.67
Partners Life26.7632.2651.11
Fidelity Life22.5527.5846.41
 
FemaleNon smokerNon smokerNon smoker
InsurerAge 25Age 35Age 45
Our NZLife. Price22.6330.4349.98
AiA32.7943.2172.75
AMP46.2549.0794.06
Asteron33.2039.9768.84
OnePath30.9344.1673.32
Partners Life32.7446.2182.48
Fidelity Life30.7038.3867.39

* = 5 year claim period

As at November 2017.

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 per month. 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 2014 comparisons - click here.
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.

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