LIFE INSURANCE · LIVING INSURANCE
Let’s talk about Life & Living insurance.
It’s healthy to talk about death. It’s even better to plan for it.
Pick ‘n’ mix the coverage you need
Our Life insurance and Living insurance options offer flexible choices for cover so that you can best protect what's important to you.
Each of our Life insurance and Living insurance options provides financial support when you need it most, offering peace of mind for you and your loved ones.
Life Insurance
Life insurance cover
Can provide a lump sum for your loved ones after you die or if you're diagnosed with a terminal illness and are expected to die within the next 12 months.
Living Insurance
Serious Illness Trauma Cover
Can provide a lump sum if you've been diagnosed with a defined serious medical condition.
Income Protection Illness Cover
Can provide a monthly payment if you can't work due to illness.
What do I need?
Whether you need Life Insurance to provide a lump sum for your family, Serious Illness Trauma Cover for major health conditions, or Income Protection Illness Cover to support you if you can’t work due to illness, this guide explains your options. Plus, every policy includes complimentary Funeral Expenses Cover to ease financial stress during difficult times.
Download the fact sheet to explore flexible cover choices, eligibility, and how to get peace of mind with nib.
Frequently Asked Questions
Here are some frequently asked questions about our Life insurance & Living insurance products that are available to purchase online or over the phone with our team of specialists.
Apply
How to apply
Talking about death or serious illness can be tough, but applying for Life & Living Insurance doesn’t have to be. Whether you’re ready to take the first step with our Estimator Tool or would like further guidance, our specialists are here to help. You can contact us to speak with a specialist over the phone for personalised advice and support, making the process as simple and stress-free as possible.
Important Information
*Get $300 Off Any Life & Living Insurance Policy - Terms and Conditions
You (the policy owner) are eligible for this offer (Offer) if you submit an application for a new Life & Living product (Eligible Policy) between 1 March and 30 June 2025 (or such later date as nib may permit in its absolute discretion) and your application for cover is accepted by nib.
The Offer of $300 off will be applied as a credit on the Eligible Policy in the second month after your Eligible Policy is issued and after you’ve made the minimum premium payments:
If you pay weekly, the first four weekly premium payments need to be paid
If you pay fortnightly, the first two fortnightly premium payments need to be paid
If you pay by another frequency, the first premium payment needs to be paid
The credit is not transferable, refundable or redeemable for cash.
Maximum credit value of $300 per Eligible Policy, limited to one Eligible Policy for any one person insured during this promotional period, between 1 March and 30 June 2025.
The credit will automatically go towards future premiums on the Eligible Policy and when the credit runs out, premiums will be payable at the applicable rate and the Eligible Policy will continue to be charged on the selected payment frequency. The credit may result in a partial payment being due, before payments return to the regular premium amount.
The Offer cannot be used in conjunction with any other Life & Living Insurance offers.
These terms and conditions may be updated or the Offer cancelled by nib provided this does not prejudice anyone who has already received the Offer. They were last updated on 20 February 2025. nib will publish any change on our website https://nib.co.nz.
The Offer is promoted by nib nz insurance limited, 0800 555 642, [email protected]. Level 9, 48 Shortland Street, Auckland City, 1010.
Temporary Accidental Death Cover
While you’re waiting for your application for Life & Living cover to be assessed, you’ll receive Temporary Accidental Death Cover.
Stand down periods
Stand down periods apply for these policies – this means you can’t claim for certain things immediately. Please read the full policy document for details.
You're not locked in
You get a 30-day free-look period when you join, to help you decide whether your cover is a good fit. We'll refund any premiums you've paid if you decide the cover isn't for you and you ask us to cancel in that first 30 days. If you ever feel your Life & Living Insurance cover is no longer what you need, we can talk you through your options.
Additional Information
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:
Life & Living Insurance is provided by nib nz insurance limited and is a related company of nib nz limited (“nib”). nib nz insurance limited 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.