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Compare your Life Insurance Cost with NZLife.

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NZLife compare all similar insurance products to those offered for a range of ages every six months and the results are presented below.

Life Insurance
Critical Illness
Total Permanent Disablement
Income Protection

Cost Comparisons - Life Insurance - Sep 2006

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

Male	Non smoker	Non smoker	Non smoker
Insurer	Age 25	Age 35	Age 45
Our NZLife. Price	17.04	14.40	27.16
AA Life	24.24	26.07	45.41
ASB Easylife	23.71	25.55	47.95
KiwiLife and StateLife	20.43	17.77	30.90
AiA	22.00	20.08	36.88
AMP	28.20	29.00	41.23
Asteron	20.30	18.38	33.27
AXA	18.65	19.63	29.47
Fidelity	21.03	16.58	30.53
ING Life	19.65	19.71	33.41
Sovereign Totalcare	20.43	17.77	30.90
Tower	24.71	21.67	34.83

Female	Non smoker	Non smoker	Non smoker
Insurer	Age 25	Age 35	Age 45
Our NZLife. Price	10.83	11.67	22.93
AA Life	17.24	18.74	30.91
ASB Easylife	16.72	19.42	36.70
KiwiLife and StateLife	13.91	14.73	26.01
AiA	14.65	16.23	30.05
AMP	24.94	27.00	35.27
Asteron	13.83	14.70	27.13
AXA	12.95	14.37	23.16
Fidelity	12.42	13.91	24.00
ING Life	13.01	16.60	28.24
Sovereign Totalcare	13.91	14.73	26.01
Tower	17.83	18.50	29.83

See Notes below.

Cost Comparisons - Critical Illness Insurance - Sep 2006

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

Male	Non smoker	Non smoker	Non smoker
Insurer	Age 25	Age 35	Age 45
Our NZLife. Price	9.94	17.19	50.62
AiA	18.71	28.35	84.67
AMP	25.14	32.00	75.20
Asteron	20.48	26.26	82.97
Fidelity	11.28	19.89	68.56
ING Life	19.09	35.20	91.54
Sovereign Totalcare	11.12	20.23	59.40
Tower	18.56	26.25	77.82

Female	Non smoker	Non smoker	Non smoker
Insurer	Age 25	Age 35	Age 45
Our NZLife. Price	9.00	17.55	44.78
AiA	14.96	28.95	69.90
AMP	20.81	31.00	58.03
Asteron	20.65	29.23	70.02
Fidelity	11.58	25.82	64.11
ING Life	18.42	35.05	76.59
Sovereign Totalcare	10.08	20.66	52.55
Tower	15.38	27.19	63.00

See Notes below.

Cost of TPD Insurance - Sep 2006

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

Male	Non smoker	Non smoker	Non smoker
Insurer	Age 25	Age 35	Age 45
Our NZLife. Price	5.22	4.64	12.60
AiA	5.92	6.52	15.75
Fidelity	5.67	6.89	19.86
ING Life	5.40	6.13	21.42
Sovereign Totalcare	5.61	4.99	13.93
Tower	5.06	6.56	15.00

Female	Non smoker	Non smoker	Non smoker
Insurer	Age 25	Age 35	Age 45
Our NZLife. Price	5.40	6.26	19.67
AiA	5.92	6.52	15.75
Fidelity	4.05	7.70	25.54
ING Life	6.21	7.04	24.62
Sovereign Totalcare	5.75	6.90	20.69
Tower	5.63	6.75	16.12

See Notes below.

Cost of Income Protection Insurance - Sep 2006

The cost of monthly premiums for Income Protection Insurance for agreed value for a general clerical occupation for $2,000/mth with a 4 week wait and 2 year claim period from a variety of sources is: (includes waiver of premium whilst on claim.)

Why pay more!

Male	Non smoker	Non smoker	Non smoker
Insurer	Age 25	Age 35	Age 45
Our NZLife. Price	18.08	16.56	24.22
AiA	32.46	33.72	41.58
AMP	20.64	30.00	31.58
Asteron	25.54	25.53	39.79
Fidelity	13.34	17.86	32.16
Sovereign Totalcare	23.53	21.80	34.29
Tower	28.16	23.08	35.56

Female	Non smoker	Non smoker	Non smoker
Insurer	Age 25	Age 35	Age 45
Our NZLife. Price	20.29	24.07	36.16
AiA	43.50	50.37	60.12
AMP	36.60	46.00	46.19
Asteron	36.25	38.81	62.89
Fidelity	19.84	27.11	48.40
Sovereign Totalcare	26.14	32.14	52.59
Tower	27.52	31.01	56.66

As at 15 September 2006.

Notes:

Monthly premiums include policy fees and waiver of premium 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.

For March 2006 comparisons - click here.