Life cover.

Life cover.

Care when you’re not there.

What is Life cover?

OK first the bad news. You’ve died (sorry). But the good news is, that because you were smart enough to have a policy in place, your loved ones will be looked after – because you left them enough to pay for things like the mortgage and living costs. Life cover (sometimes called 'Life assurance') is something you could consider having throughout your life, from getting married and having kids, to buying a house and beyond.

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  • Entry age is from age 16 to 75, and there is no expiry age.
  • Your insurance will cover you for life, if you keep paying your premium.
  • You can pay fortnightly, monthly, quarterly, half-yearly or yearly.
  • You can choose to help protect your cover against inflation by having the amount you’re insured for increase each year.
  • We pay an early pay-out of up to $15,000 to cover funeral costs – and the rest is paid out as a lump sum.
  • There are two types of payments; age-rated payments fixed for one year at a time, and normally increase in line with age, OR level term payments which are fixed for the life of the policy.
  • We always recommend chatting to an adviser about the right insurance for you.
Read our Life cover customer brochure.

More about Life cover.

  • What is it?
  • Why should you get it?
  • What’s the deal?
  • Anything else?

What is it?

If you die, we’ll pay an agreed amount as a cash lump sum to your loved ones. You can also apply to have it paid out early if you are diagnosed with a terminal illness (generally meaning you would have less than 12 months left to live) for example.

Why should you get it?

Well, the debts and bills don't stop, even if you’re not here to pay them. Plus, there’s a terrific reassurance and peace of mind that comes with knowing you're protecting your loved ones.

What’s the deal?

You pay an amount of money (called a ‘premium’) for a policy. The policy is a contract so you know exactly what we’ll pay out for. As long as you keep paying for your insurance with us, and the policy terms and conditions have been met, we’ll pay out for everything we agreed.

Anything else?

You can even take payment breaks and suspend your agreement with us temporarily in certain circumstances. Plus, if you get married or have a baby for example, you could increase the value of your cover any time before the age of 55 without needing to give us medical evidence (check out the info sheet for details as there are a few conditions). (You can increase your cover at any time up to age 75 though, but we may need to do health and financial checks.)

Life insurance 101 guide.

Visit our easy-to-read and plain-English life insurance 101 guide, to help you learn about what protection you might need.

Discover more.

Questions? Start here.

We’ve compiled a list of the most commonly asked questions about this cover.
For a good overview of the ins and outs, it’s worth reading the info sheet.

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Get in touch.

It’s easy! Drop us a line and an adviser will get hold of you for a no-obligation chat.

Get started.

Why choose Fidelity Life?

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* Fidelity Life has an A- (Excellent) financial strength rating from A.M. Best. The rating scale that this rating forms part of is available for inspection at our offices. For more information please visit Fidelity Life's financial strength page.

Disclaimer – the information contained in this webpage is a summary of the key points of this insurance policy and is general in nature. It is not, and is not intended to be, a policy document.

Details of definitions, benefits, standard exclusions/limitations, terms and conditions are contained in the full policy documentation which is available from your financial adviser. Please refer to current policy documents for specific details. This webpage does not provide a personalised financial advice service.