Helping protect the lifestyles of Kiwis
WHY DO YOU NEED LIFE INSURANCE?
Life Insurance can provide you and your family with peace of mind and financial security in the most uncertain and trying of times. Having life insurance cover that is tailored to your own situation will give you and your family the protection they need for life’s unexpected events.
Our Life Insurance policies pay out if you pass away or become terminally ill. This can provide protection for your mortgage, other debt, financially dependent family members such as parents or children, and anyone who wishes to protect their families’ future goals such as future tertiary education for their children or for paying funeral expenses.
For peace of mind contact SBS Insurance today. Get a quote for comprehensive life insurance wherever you are in New Zealand.
WHAT BENEFITS DOES LIFE INSURANCE PROVIDE?
Life insurance will cover you in the event of your:
If you were to pass away, the funds will be paid either to your Estate or the person you nominate as beneficiary of your policy.
Remember to tell your loved ones that the policy is in place.
If you are diagnosed with an illness where the life expectancy is less than 12 months, you can get an early pay out of your Life Insurance policy which can allow you to enjoy the final months of your life and use the funds as you wish.
Who can apply for life Insurance?
New Zealand citizens and those with New Zealand Permanent Residency status, under 70 years of age, can apply for Life Insurance. Applications will be assessed on health status and further medical information may be required before acceptance of an application.
- Policies will automatically renew each year; it won’t matter if your health changes in the meantime.
- Your regular premium payments can either be a Level Premium option, where the premium does not increase with your age; or Annually Renewable, where the premium will be adjusted at each renewal, based on your current age.
- A Cost-of-Living annual adjustment to your Sum Insured is applied to your policy at each renewal, so your cover keeps pace with inflation. You can opt out of this option if you prefer.
- The ‘Special Events Increase’ option will allow you to increase your Sum Insured at the time of certain major events in your life, such as getting married or buying a home, without the need for further medical underwriting.
SBS Insurance is proud to work with New Zealand’s leading insurance brands. To ensure we can provide you with the right insurance cover for your circumstances, we have partnerships with two of the top New Zealand Life Insurance providers. Chubb Life & Partners Life Insurance are two of the largest, and most respected, life insurance companies in New Zealand. Their Life Insurance policies are highly rated by the leading New Zealand ratings agencies.
SBS Insurance also offers our own entry-level Life Insurance products, which could be appropriate, alongside income protection insurance, for your individual circumstances.
Your experienced adviser will discuss which option is best suited for your circumstances. Our Insurance Advisers are qualified, and are all salary-based with no commission – we are here to look after your interests and provide you with the insurance cover you need.
Everyone is different so our qualified insurance advisers will discuss with you, the right level of cover for your personal circumstances.
SIX REASONS TO CHOOSE SBS INSURANCE
Our team of experienced and qualified Insurance Advisers will provide you with unbiased advice, as they do not work on commission.
NEW ZEALAND OWNED & OPERATED
SBS Insurance is part of the SBS Bank Group of companies which has been around since 1869 and is 100% New Zealand owned.
EXCEPTIONAL CUSTOMER SERVICE
The team at SBS Insurance is working for you and we strive to provide exceptional customer service.
ONLY A PHONE CALL AWAY
We have an open-door policy. The management team are accessible and welcome your feedback; we’re only a phone call away.
LANGUAGE YOU CAN UNDERSTAND
Our Insurance Advisers will not speak jargon to you, we’ll use plain language, so you know exactly what you’re getting.
WE LOOK AFTER YOU & YOUR FAMILY
We’ll make sure to look after you, your family, and your stuff; and help you understand your options and your insurance cover.