Life Insurance - How it works?

Life Insurance pays a lump sum payment in the event of your premature death. The money helps you minimize the financial impact of premature death or terminal illness. 

It is designed to provide security for a wide range of financial commitments; such as paying off the mortgage, personal debt, funeral expenses or create an investment fund to generate on-going income for family members.

If you have debts which you would like paid on your death, or would like to provide money for your family when you are not there, then life insurance is an essential part of your financial planning.

The details of each policy may differ from provider to provider which is why it is important to compare.

Features

- Pays a lump sum
- Bereavement Support Benefit
- Terminal Illness Benefit
- Worldwide Cover
- Payment is tax free

Need More Information

If you would like more information or have any questions send us an email at info@comparenow.co.nz or give us a call. We can provide helpful information that allows you to compare the features and benefits from New Zealand’s leading insurance providers.