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ANZ Life Insurance

Updated
  • Flexible Insurance Options
  • Competitive Premiums
  • Financial Protection

Table of Contents


ANZ homepage
Author ANZ. Screenshot of ANZ website.
[Accessed August 22, 2023]

About ANZ

ANZ has a diverse portfolio of brands and offers unparalleled scale, resources, and influence. 

Their global reach as a member of the ANZ group further strengthens their commitment to fostering financial well-being in New Zealand. In partnership with Chubb Limited, ANZ offers you life coverage you can trust. With an excellent financial strength rating you can be confident in their ability to support you when you need them most.

Tailored protection for your needs

ANZ understands that everyone's insurance needs are unique. They provide flexible options that allow you to tailor your coverage to suit your specific requirements. You can choose from three coverage options, life cover, critical illness, and living expenses cover, which allows you to create a comprehensive insurance plan that safeguards your lifestyle.

A trusted partner for your financial aspirations

From individuals and families to thriving businesses and institutions, they play a pivotal role in helping New Zealanders achieve their financial dreams. With over 9,000 dedicated employees representing a rich repertoire of skills and expertise, they embrace diversity. They also promote an inclusive culture by empowering lives and enriching communities.

Corporate responsibility makes a difference

Their corporate responsibility goes beyond financial services. They actively support communities through a range of initiatives. These include a volunteering program and staff foundation program which contribute to the initiatives they serve. Sustainability and responsible practices guide them as they strive for long-term success. This benefits you, their staff, and the environment.

Accessibility - A commitment to inclusivity

Accessibility matters to them. Their ongoing focus on accessible banking ensures that all New Zealanders, regardless of ability, can access and benefit from their products and services. Their accessibility and inclusion plan for 2023-2025 reflects their commitment to fostering greater economic and social participation for individuals with disabilities.

A catalyst for your financial journey

ANZ is a powerhouse in the finance and insurance sector. Nearly one in two New Zealanders has a banking relationship with one of their brands. Their influence on the nation's gross domestic product (GDP) and diverse financial offerings contribute to the prosperity of individuals and the nation.

Experience the difference with ANZ for financial empowerment. Discover their comprehensive services, innovative solutions, and unwavering commitment to empowering lives and enriching communities. They're shaping a prosperous financial future for all New Zealanders.

ANZ Services

Protect your loved ones by ensuring their financial security with ANZ life insurance coverage options at your fingertips.

You have the power to choose the coverage amount you need with their life cover of up to $1 million. This comprehensive protection ensures that your loved ones are taken care of in the event of your passing or a terminal illness diagnosis. Use this once-off payment to cover living expenses, settle debts, or make provisions for the future.

You can also include their funeral benefit, which will give you access to an advance payment of $10,000 to ease the burden of funeral-related expenses.

Supporting your recovery: Critical illness cover

When faced with a serious medical condition, your focus should be on recovery, not financial stress. That's why ANZ life insurance comes with optional critical illness coverage, giving you the choice of up to $200,000 coverage.

If you're diagnosed with any of the 12 specified conditions, their lump sum payment provides the financial support you need. Utilise the single payment to effectively handle day-to-day living expenses, settle outstanding debts, or access specialised medical care. With ANZ by your side, you can navigate your recovery journey with confidence.

Safeguard your income and lifestyle with living expenses cover

Life's unexpected incidents can disrupt your ability to work, leaving you concerned about maintaining your lifestyle. Their living expenses cover ensures that you're prepared for such situations.

If you're unable to work due to an accident or illness, their cover provides a maximum monthly payment of $4,000 for 24 months. Unlike other policies that only cover accidents, they offer comprehensive protection for both accidents and illnesses, allowing you to focus on your recovery while they take care of your financial obligations.

Additional protection: Redundancy cover

They understand the uncertainties of employment and the impact of redundancy on your financial stability. That's why they offer the option to add redundancy cover to your living expenses cover.

This additional coverage provides support when you're re-entering the job market after redundancy, offering peace of mind during transitional periods. With ANZ, you can confidently navigate career changes knowing that your living expenses are covered for 180 days.

ANZ life insurance provides a range of services designed to protect what matters to you. Whether it's securing your family's future with life cover, supporting your recovery with critical illness cover, or safeguarding your income and lifestyle with living expenses cover, they have the solutions you need. Their commitment to your well-being extends to offering optional redundancy cover to ease the financial burden during uncertain employment situations.

ANZ – Life insurance

  • Product Life Insurance
  • Flexible Cover
    ANZ offers flexible coverage options, including life cover, critical illness, and living expenses cover, allowing you to tailor insurance plans to your specific needs.
  • A range of services
    They offer a range of services to protect your family's future, support recovery from critical illnesses, and ensure income and lifestyle security
  • Excellent Financial Strength
    In partnership with Chubb Limited, they offer life coverage with an excellent financial strength rating, providing confidence during times of need.

Benefits of ANZ

  • Choose from three coverage options to create a comprehensive insurance plan that suits your unique requirements.
  • Enjoy the flexibility of coverage amounts up to $1 million, providing financial security and support for loved ones.
  • Access an advance payment of $10,000 to ease the burden of funeral-related expenses.
  • Optional coverage of up to $200,000 in case of a serious medical condition, offering financial support for recovery.
  • Safeguard your income and lifestyle with coverage of up to $4,000 per month for 24 months in case of accidents or illness.
  • Add redundancy cover to your living expenses insurance, providing support during job transitions.

Understanding your needs and choosing the right cover

Applying for ANZ life insurance is a simple process that gives you peace of mind and is based on understanding your unique situation and financial position. You can choose one that suits your specific requirements.

It's important to ensure your chosen cover comfortably fits within your budget, considering that premiums may increase annually based on your age.

Apply for cover by completing the application

Once you've decided on the cover that suits you, apply using their straightforward application form.

It's crucial to provide accurate and complete information about your health and lifestyle to avoid any potential impact on claims. If you're uncertain about something, it's always best to disclose it for a smooth claims process.

After you submit your application, they’ll assess your information and if necessary, they may request additional details from you or your doctor. They may tailor the insurance terms to accommodate specific needs, which can include adjusting premiums or making policy exclusions as necessary. Once they accept and issue your policy, you'll receive a comprehensive policy document and coverage schedule.

Getting in touch and submitting your claim

Claiming with ANZ life insurance is a supportive process. ANZ understands that making a claim can be challenging, but they're there to assist you. Get in touch with their dedicated claims team, to initiate the process.

They'll guide you through the necessary steps and provide information about the required paperwork. Ensure that your claim form is complete and that you have all the necessary documentation before submission. You can submit your claim forms and supporting documents via email or post.

Once your claim is received, a Chubb Life claims consultant will carefully review your documentation. They may require additional information from you, your doctor, or other relevant parties to support your claim. ANZ and Chubb Life aim to provide prompt responses, and once all the necessary information is gathered, Chubb Life will decide. They strive to finalise claims within 48 hours.

Outcome notification and next steps

ANZ understands the importance of timely communication. Your claims consultant will contact you regarding a claim outcome and discuss the next steps. In some instances, if the claim doesn't meet the policy terms and conditions or if medical conditions were undisclosed during the application stage, they may be unable to accept the claim.

ANZ is committed to assisting you throughout the process and finding the best possible resolution. Secure your future with ANZ insurance. Contact them today to apply for the protection you need and gain peace of mind, knowing that your loved ones are financially safeguarded.

ANZ Contact

Physical Address

Opening Hours

  • Monday 09:30 – 16:30
  • Tuesday 09:30 – 16:30
  • Wednesday 09:30 – 16:30
  • Thursday 09:30 – 16:30
  • Friday 09:30 – 16:30
  • Saturday – Closed
  • Sunday – Closed