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What should you pay for life insurance?

Consumer.org.nz has just updated their price comparisons for life insurance and we’re pleased to say that Pinnacle Life looks very sharp... as if we doubted it!

In brief;

  • Out of 21 quotes for an individual life insurance policy, Pinnacle Life was far and away the lowest price.

  • The closest bank was 18.4% more expensive than Pinnacle Life for the same cover.

  • The most expensive quote was from one of the largest life insurance companies at 59.1% more expensive than Pinnacle Life, also for the same cover!

We recommend that you take a look at the consumer coverage and if you’re not a member, we suggest you take up membership so you can access all the relevant information on their excellent website www.consumer.org.nz.

They suggest you should ‘shop around’ for life insurance because of the variation in prices. We agree!!

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Life Insurance

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