Southern Cross Life Insurance

Southern Cross Life Insurance is a trusted and enduring brand that’s played a vital role in New Zealand's health and wellness sector.

They’re focused on nonprofit endeavours and have extensive experience and a wide range of products and services. They’re dedicated to providing New Zealanders with ongoing access to private healthcare and life insurance options.

Pioneering health insurance: Southern Cross, a legacy of care and protection

Established in 1961, Southern Cross introduced health insurance to New Zealanders, leading the way for one of the country's most renowned and respected brands.

The founders firmly believed that every New Zealander should have access to private healthcare and life insurance. Since then, they've expanded their community of care, helping more individuals and families than ever before to prioritise their health and well-being.

Unleashing the power of collaboration: A collective force for accessible and affordable services

They believe in the power of collaboration. Their group of legally independent health and insurance-related businesses operates under a shared brand. Through strategic leadership provided by their Chief Executive team, they work together to ensure that their services remain accessible and affordable.

Guardians of health and well-being: Empowering New Zealanders with confidence and care

Since its inception six decades ago, Southern Cross has remained dedicated to protecting the health and well-being of New Zealand households. They strive to provide the security and care needed to live life with confidence.

As a nonprofit organisation, they reinvest in hospital facilities and new technologies, stabilise health insurance premiums, and extend additional benefits to their society members. Southern Cross Health Trust also actively supports New Zealanders in need, making quality healthcare more affordable and accessible for a greater number of individuals.

Nurturing communities: Going beyond insurance and healthcare for a brighter future

They’re proud of the positive impact they have on the communities they serve. Their commitment goes beyond providing insurance and healthcare services. Through their community initiatives, they actively contribute to the well-being and development of the communities they’re a part of.

Powerful unity for affordable and accessible healthcare: The Southern Cross advantage

Southern Cross is made up of various legal entities united by a common brand, a nonprofit philosophy, and the shared goal of achieving better value healthcare for New Zealanders.

The Southern Cross Medical Care Society, governed by a Board of Directors elected by its members, is the core provider of health insurance and wellness services. The Southern Cross Health Trust, a charitable trust, works towards enhancing healthcare affordability and accessibility for more individuals. Both entities have subsidiary companies and dedicated boards responsible for their governance.

Southern Cross Life Insurance is more than just an insurance provider. With a rich history and a focus on nonprofit endeavours, they’ve become a trusted and enduring brand in New Zealand's health and wellness sector.

Through their diverse range of health and insurance brands, they prioritise the well-being of individuals and families. Their commitment to collaboration, affordability, and community impact sets them apart. With Southern Cross, you can live your life with confidence, knowing that they’re there to protect and care for you and your loved ones.

Life insurance serves as a vital safety net, providing financial protection for your family in the event of the unexpected.

Southern Cross Life Insurance understands the importance of securing your loved ones' future. With their comprehensive life insurance cover, you can be assured that your family is taken care of.

Who needs life insurance?

Life insurance is relevant for individuals at any stage of life, whether single, married or with a family. It depends on your financial situation, debt obligations, and responsibilities towards your family or business.

As a parent, life insurance ensures that your children and mortgage are well taken care of. Couples may want to secure their partner's retirement plan, and taking out their first mortgage is a good time to consider life insurance.

What does insurance provide?

In the unfortunate event of your passing, Southern Cross Life Insurance pays out a lump sum to your estate, providing financial support for various needs, such as:

• Covering funeral costs
• Paying off the mortgage
• Settling bills, credit cards, and ongoing living expenses
• Supporting your children's tertiary education
• Ensuring your partner's retirement needs are met

Determining your coverage amount

The appropriate amount of life insurance coverage depends on your individual circumstances and future financial obligations. A simple method to estimate your coverage needs is:

1. Assess your income and future financial commitments.
2. Consider the duration of financial support required for your dependents.
3. Evaluate your existing assets and any outstanding debts.

Life insurance plans to meet your needs:

Up to $1 million cover options:

• They offer a range of cover options, allowing you to select the amount that best suits your needs, up to $1 million.

10% healthy living discount:

• If you qualify, you can enjoy a 10% discount for healthy living, off your premium.  They believe in rewarding and encouraging a healthy lifestyle.

Early payout in cases of terminal illness:

• In the unfortunate event of being diagnosed with a terminal illness, they provide an early payout option, allowing you to address your financial needs during this challenging time.

Cover for accidental death:

• While applying, you have the option to add accidental death cover to your policy, providing additional protection in case of accidental death.

Funeral benefit:

• They understand the importance of honouring loved ones. With their funeral benefit, you can receive $15,000 towards funeral costs, providing immediate financial support to your family.

Southern Cross Life Insurance is committed to protecting what matters most – your loved ones. Their comprehensive life insurance cover ensures that your family will be well taken care of, even in the face of adversity. They provide the financial security and peace of mind you deserve.