Life and living insurance through an adviser
Get cover through an adviser
You can buy your life and living insurance through an independent licensed financial advice provider. Their financial advisers or nominated representatives have specialist knowledge to help you identify and prioritise your needs and choose cover that suits your circumstances and budget.
Our comprehensive life and living insurance products are offered through advisers. You can enjoy all the benefits of being an nib member, plus have additional support from your adviser with claims or any future changes to your life and living cover.
The benefits of using an adviser
Specialist advice
An adviser can help identify what's essential for you, explain the different options available and find the right insurance plan to suit your needs.
Ongoing support
Your needs can change over time. A good adviser will check in regularly to make sure your plan still meets your needs.
There to help at claim time
If you have to make a claim, your adviser will work with you and nib to get your claim assessed to help get you back on your feet.
Financial guidance
An adviser can give you advice about life and living insurance and many can also advise other financial services as well, such as health insurance, mortgages, investing and KiwiSaver.
Talk to an adviser
An adviser can talk with you about the financial risks of ill health or disablement and the various insurance options available to you.
Call your adviser today or if you don’t have one, simply fill in the contact form and an independent financial advice provider will get in touch.
Our plans through an adviser
Your adviser will be able to help find the right cover for you, your partner and family. With the wide range of cover options available, every person can get the cover they need.
- Ultimate Life Insurance
- Ultimate Trauma Insurance
- Ultimate Income Protection Insurance
- Ultimate Mortgage Protection Insurance
- Ultimate Total & Permanent Disability Insurance
- Ultimate Waiver of Premium
What is life insurance?
Life doesn’t always go to plan. That’s why nib’s Ultimate Life Insurance provides a lump sum payment to protect your loved ones if you pass away or are diagnosed with a terminal illness. You can adapt your cover to suit your changing needs, ensuring your family is financially secure when they need it most.
Why have life insurance?
Ultimate Life Insurance protects what matters most - your loved ones’ future. The lump sum payment can help cover:
of Kiwis take out life insurance to protect their family from financial consequences after death or a health event
Source: Financial Services Council NZ, 2022
More info about Ultimate Life Insurance
Only the main features and benefits of our Ultimate Insurance plans are outlined here. For a full explanation of all benefits, benefit limits, and exclusions, view the Policy document for each plan:
Key Features
Worldwide cover^
You’re covered no matter where you are - whether at home, travelling, or living overseas.
Future Upgrades
If we make any improvements to our on-sale Ultimate Life Insurance cover in the future, that favourable change will automatically apply to you if that benefit exists in your policy.
Keeping Your Cover Current
Ensure your cover keeps pace with inflation and your changing financial needs with options to increase your Life Cover on special life events and options to automatically increase your Life Cover every year.
Guaranteed Wording
Provides you with certainty over your cover, knowing that your benefits and terms are guaranteed, and won’t change unless requested by you, or in other limited circumstances.
Premium Discounts*
Enjoy savings of 10-15% with our Multi-Cover Discount when you combine 2-4 eligible Ultimate Life & Living Insurance covers, like Trauma or Income Protection. Additionally, get a 10% Bundled Discount on nib’s Health Insurance when you take out Ultimate Life & Living Insurance cover alongside Ultimate Health/Max or Easy Health Insurance.
Support Services
The Counselling Benefit, and Financial & Legal Advice Benefit provide you with extra support by reimbursing costs for professional advice related to the Life Cover payout, and providing grief counselling for you or your family in the event of a death or a terminal diagnosis.
Flexible Cover
Allows you to put your cover on hold when your lifestyle or financial circumstances change.
Wide Eligibility Range
Available for individuals aged 16 to 70 years old at entry, with no expiry age, ensuring protection at every stage of life.
^Personal exclusions may apply and payments are only made to an NZ bank account.
*Talk to your adviser for the terms & conditions of this discount, including when we can change or remove the discount.
Save with nib's discounts
Life & Living Multi-cover Discount
Combine eligible covers under your Ultimate Life & Living Insurance policy to receive a discount on your premiums*.
Eligible covers are: Life, Trauma, Total & Permanent Disability, Income Protection or Mortgage Protection cover.
Build a tailored plan with the covers that matter most to you. Your premiums are based on the covers you select helping you save while meeting your specific needs.
Health and Life & Living Bundled Discount
Get 10% off your health insurance premiums
when you bundle any new eligible Health Insurance and Ultimate Life & Living insurance*.
Comprehensive cover:
Get peace of mind knowing you have protection for both your health and financial wellbeing.
Easy and cost-effective:
Apply for Health and Life & Living cover together and save money.
Convenience:
Save time and effort by having your covers with a single insurer.
*Terms and conditions apply. Discounts do not apply to the policy fee component of the premiums.