Life and living insurance

Giving you peace of mind in case of the unexpected.

Insurance that's just right for you

Everyone's personal situation is different, and with life's many ups and downs, it's important to consider protecting your income, life and lifestyle as things don't always go to plan.

The products we offer can be packaged together or individually depending on your situation. Our dedicated Insurance Advisers can provide personalised insurance advice and help you find the best solution from the products we offer, for your budgets and needs.

To make an appointment with an Adviser call 0800 808 456 or request a call back at a time that suits.

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Asteron Life logo rgbWe are proud to work with our partner Asteron Life to provide you with these insurance products. Asteron Life issues and manages these products. For full details on the products, please refer to the Policy Document.

Why choose us

Get personalised advice

Our policies are only sold through our Insurance Advisers, who can provide advice on our product suite focused on what's best for you and your personal situation.

Flexible options

You can take out a combination of Life, Trauma, Total and Permanent Disablement and disability covers (like Income Protection) to suit your needs. Read more about your options below.

Secure financial strength

Our partner Asteron Life Limited has been given an AA- Financial Strength rating by Standard & Poor's, so you can be confident that they'll be there when you need them.

We're New Zealand based

Our team is local and ready to support you at every step of the process from taking out a policy that works for you, right through to making a claim.

Life and living insurance policy options

Pays a lump sum of money if you die or become terminally ill. It is designed to help your family cover costs (like the mortgage and raising children) that you would have helped with if you were still alive.

  • Death benefit - the lump sum can be paid to your bank account as early as two days after we receive the claim.
  • Terminal illness benefit - you can apply to receive your Life Cover payment straightaway if you're given less than 12 months to live.


Pays a lump sum to help you when you’re recovering from a serious illness, injury, or medical procedure. It is designed to provide financial support when you need time to recover.

  • Covers 48 medical events, conditions and surgical procedures including many types of cancer, heart attacks and strokes.
  • Part of your Trauma Recovery Cover can be paid out early if you’re diagnosed with early stage cancer.

Pays a lump sum of money if you become totally and permanently disabled because of illness or injury. It is designed to help you make any necessary lifestyle changes.

  • Three types of cover available – from a premier option through to a good low cost option.
  • Pays out if you suffer from a serious permanent impairment such as losing your sight or use of your legs – even if you’re still able to work.

Provides you with a monthly payment to live on if you’re unable to work – either temporarily or permanently. It is designed to help you continue paying for your day-to-day expense while you recover.

  • You choose how long you want your waiting period to be until the payments start being made.
  • We’ll pay until you can return to work or until you reach the end of the payment period on your policy, whichever is earlier.

Lower cost alternative to Income Protection Cover. Workability Cover provides a regular monthly benefit if you are unable to work due to sickness or injury. It is designed to be used for rehabilitation support if your condition is not covered by ACC.

  • Regular monthly benefit can pay up to 75% of your pre-disability income once your selected waiting period ends.
  • Helps with a plan to assist with rehabilitation, retraining or support to enable you to get back to work.

Provides regular monthly payments if you are unable to work due to sickness or injury. It is designed to help with your everyday living expenses, including your mortgage payments.

  • Provides an agreed level of cover, so you know exactly how much you’ll be getting if you are not able to work, and have to claim.
  • Flexibility to adapt your premium structure as your budget changes.

For full details on our products, refer to the Policy Document.

Looking for something else?

If you're looking for information on simplified, direct cover options, view our life and health insurance options.

AA Life Insurance

AA Health Insurance

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Our Insurance partner

AA Life Insurance policies are brought to you by the New Zealand Automobile Association Incorporated and underwritten by Asteron Life Limited.

Financial strength rating

Asteron Life Limited has been given an AA- financial strength rating by Standard & Poor’s.

Financial advice

Our website provides general information about our products and services to help you make choices when it comes to protecting the things in life that really matter. The information doesn't take into account your specific financial situation, needs or goals and is not intended to be financial advice.

Disclosure Statement

The New Zealand Automobile Association Incorporated (NZAA) (FSP41189) holds a Financial Advice Provider (FAP) licence issued by the Financial Markets Authority, meaning we are licensed to provide a financial advice service. For more information please see here.