If you become totally and permanently disabled, Disability Insurance will provide you with a lump sum payment to help make life a little bit easier. It can only be purchased alongside Life Insurance.
If you have Disability Insurance with us we’ll pay a tax free lump sum to the owner of the policy, if you become permanently unable to work or meet our Total and Permanent Disability Definitions due to an accident or illness.
Yes, however the person who is being insured must provide the answers to the health questions on the application form. They’ll be the owner when the policy is issued, and so if you want to change that, you’ll need to get them to change it with the change of ownership form included in the policy.
You can pay your Pinnacle Life premiums monthly, six-monthly or yearly. We prefer it if you pay by direct debit, however we also accept internet banking/automatic payment, cheque (for six monthly or annual premiums only), or credit card. When paying via credit card, a charge of 3.95% is added to your premiums.
We do not accept weekly or fortnightly payments.
You need to let us know as soon as possible. The additional information you provide may or may not affect your policy. Your policy may be placed on hold while we work through the assessment process, alternatively we may need to void your policy and issue you with a new policy once we have completed our assessment. If you are unsure whether you disclosed something on your application, please contact us and we will send you a copy of your application to review.
Life Insurance provides for those you leave behind and helps them after you are gone. Having life insurance means that those around you at least have some peace of mind around making sure the mortgage and the bills are paid at a time when everything else can seem tough. A life insurance policy helps your family maintain their lifestyle if you become terminally ill or if you die unexpectedly.
We can show you what insurance people planning for a similar future have asked about.Help me choose