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Compare life and living plans

Life & Living Insurance with nib gives you peace of mind that your loved ones can have the financial support they need if you pass away, or your lifestyle can be protected if you get really sick or can't work due to illness.

Life & Living Insurance is provided by nib nz insurance limited (trading as Kiwi Insure), which is part of the nib Group.

The following is a summary of your Life & Living Insurance options*:

Life cover pays a lump sum of money if you die or are diagnosed as terminally ill and are expected to die within the next 12 months.
Serious Illness Trauma cover pays a lump sum to you if you're diagnosed with a medical condition defined in the policy, such as severe cancer or a major heart attack.
Income Protection Illness cover pays you an agreed monthly amount if you're unable to work because of illness, providing you were previously working at least 25 hours per week for a single employer.
With any of the above options, you get complimentary cover of $15,000 lump sum to help with funeral costs if you die, or are diagnosed as terminally ill and are expected to die within the next 12 months.

Life & Living Insurance options

Life & Living Insurance with nib is flexible, so you can choose the right combination of cover to suit your needs and lifestyle.

Life cover*

Maximum cover amount: You can apply for any amount of cover.

Money is paid to you, your beneficiary, or your estate

One lump sum payment

Must be 18 - 70 years old to apply

No cover for passing away from self-inflicted harm during the first 13 months

Serious Illness Trauma cover*

Maximum amount of cover: $1 million.

Money paid to you

Full or partial payment of the amount insured depending on the severity of the specific illness

Must be 18 - 60 years old to apply

No cover for any defined cancers in first 90 days

No cover if you die within 14 days of the diagnosis of a medical condition specifically defined in the policy

Income Protection Illness cover*

Maximum amount of cover: 55% of your gross income, up to a maximum of $6,000 per month.

Money paid to you

Two or five year cover period

Must be 18 - 60 years old to apply

Must be employed for at least 25 hours per week for a single employer

No cover during the first 30 days

Monthly payment may be reduced by your other income

Protect what you care about

Being able to provide for yourself and your family when it's needed most is easy with nib.

To join, simply follow these steps:

  1. Call us on 0800 555 642 or book a call
  2. Talk with our life and living experts to help you work out how you could cover your needs
  3. Choose the Life & Living Insurance cover that's right for you
  4. Answer our health and lifestyle questions, and agree to health checks if needed
  5. Provide your payment details and submit your application

We'll then assess your application and let you know if we are able to cover you and on what terms.

You'll receive complimentary Temporary Accidental Death Cover while we assess your application. We'll pay the amount of the Life cover you applied for and complimentary Funeral Expenses cover ($15,000) up to a maximum of $500,000 if you die from an unexpected accidental injury. See the Temporary Accidental Death Cover Policy document for full terms and conditions (including the types of injuries that are covered).

* Important things to know

  • Only the main features and benefits of the Life & Living Insurance and Temporary Accidental Death Cover are outlined here. For a full explanation of all benefits, exclusions and other terms and conditions of the cover, view the Policy documents:
  • Stand down periods apply to all Living Insurance covers (Serious Illness Trauma cover or Income Protection Illness cover). This means you may not be able to claim immediately. The amount of time you have to wait will depend on details like the cover you have, what you want to claim for and if you have recently upgraded your plan.
  • Life & Living Insurance is provided by nib nz insurance limited (trading as “Kiwi Insure”) and is a related company of nib nz limited (“nib”). Kiwi Insure issues and underwrites Life & Living Insurance products, and is solely responsible for claims under the cover. nib sells and may advise you on these products. Find out more about financial strength and financial advice with nib.