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"NZ insurer Pinnacle Life achieves world first" - Kea NZ

Pinnacle Life was profiled on Kea NZ’s website recently. Here are excerpts from the story…

Kea, 6 August 2007

“Kea corporate member, Pinnacle Life based in Auckland, achieved a world first in May when it launched its online life insurance product.”

”New Zealanders based in a number of countries around the world can buy their life insurance within minutes, just by completing a simple-to-follow online application process.”

“A major advantage for Kiwi expatriates is the portability of Pinnacle Life's policy which can be applied for whilst resident in a number of countries including: Australia, US, Canada, UK, Singapore and Hong Kong.”

“Pinnacle Life policy fees are paid in New Zealand dollars from wherever the policy holder is resident. Current fees are 10-15% lower than other similar life insurance policies on offer in

New Zealand.”

"Given the large numbers of Kiwis residing overseas who plan to return to New Zealand in the future, having a life insurance policy which you pay for in NZ dollars is preferable to maintaining a policy which needs to be paid in US dollars or British Pounds, particularly when you're earning NZ dollars,"

”Pinnacle Life reports excellent pick-up of their online life insurance from Kiwis both locally and internationally, with results surpassing initial targets. The company has plans to introduce new products over the next few months.”

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