Funeral Cover

Here’s the basics:

Getting a policy

• You choose the amount that’s right for you and your family, from $7,500 to $25,000. Our calculator may help you decide the amount that's right for you.
• You have to be aged between 30 and 75 to get a policy, and be a New Zealand citizen, or have a valid NZ residency visa and be living in New Zealand.
  
• You won’t need to answer any questions about your health.
• You’ll automatically get a 10% discount on your payments for the first 2 years
• You’ll save an additional 20% on your payments if you buy a joint policy. A joint policy covers both you and your partner and pays out on each death.
• All of our policies have a 30 day free look period, so you can buy with confidence.

Once your policy is in place

• Your payments remain the same each year, without ever increasing (the online discount will drop off after the first two years).
• You’ll only pay for this policy until aged 85, after which your cover continues free of charge until you die.
• You choose how you pay – monthly, half yearly or annually and by direct debit, credit card, automatic payment or via internet banking.
• If you have 2 or more Pinnacle Life policies paid by direct debit from one bank account, the second and subsequent policies will be discounted by $24 per year.
• You can decrease your cover or cancel this policy at any time without penalty.

When you need to claim on your policy

• You’ll be covered for accidental death for the first two years and for any cause of death after that.
• If you die in the first two years, and your death was not accidental, we’ll return all the payments to your chosen beneficiary.
• Your claim will be paid in New Zealand Dollars within 24 hours of acceptance, to the beneficiary of your choice, anywhere in the world.
• We don’t tell you what to do with the payment, so you and your family can organise the goodbye of your choice.