Protect your loved ones and cover final expenses with life insurance designed for New Zealanders over 65. Compare policies from leading providers with guaranteed acceptance options and no medical exams required.
Life insurance provides a cash payment to beneficiaries when the insured person dies. Seniors aged 65-85 can get guaranteed acceptance policies (no medical exam) with coverage of $20,000-75,000. Costs $35-150/month depending on age and amount. Protects family from funeral costs, outstanding debts, and provides inheritance or estate liquidity.
Several providers offer no medical exam policies for seniors. Get coverage with guaranteed acceptance, regardless of health conditions. Premiums from $42/month.
Compare New Zealand's leading life insurance providers for seniors. All offer policies suitable for ages 65+ with flexible coverage options.
Life insurance provides peace of mind and financial protection for you and your loved ones. Here's why it's important for New Zealand seniors:
Average NZ funeral costs $10,000-15,000. Life insurance ensures your family isn't burdened with these expenses during a difficult time.
Pay off remaining mortgages, personal loans, or credit cards. Protect your estate and ensure assets pass to beneficiaries debt-free.
If you have a spouse, disabled family member, or grandchildren you support financially, life insurance provides continued income.
Provide an inheritance for children or grandchildren, donate to charity, or fund education. Life insurance creates an instant estate.
Know that your family is protected financially. Reduce stress and worry about burdening loved ones with expenses or debt.
Guaranteed acceptance policies require no medical exams or health questions. Get covered quickly, regardless of age or health status.
Understanding the different types of life insurance helps you choose the right coverage for your needs:
Seniors with pre-existing health conditions, those who don't want medical exams, or anyone seeking quick approval.
Seniors in reasonable health who want higher coverage amounts without a full medical exam.
Healthy seniors willing to undergo medical exams for the best rates and highest coverage amounts.
It depends on your circumstances. Life insurance is particularly important if you:
No, medical exams are not always required. It depends on the type of policy:
💡 Tip: If you're in good health and want higher coverage, the medical exam route usually offers better value. If you have health issues or want quick approval, choose no-exam options.
Most New Zealand life insurance policies have a grace period to protect you from accidental lapses:
Yes, but with some limitations. Your options depend on your policy type and provider:
💡 Best Practice: Start with coverage that meets your current needs. Many seniors reduce coverage as children become independent and mortgages are paid off. Build in flexibility from the start by choosing policies with adjustment options.
After age 70, premiums increase significantly and coverage amounts decrease. Most insurers limit new policies to $25k-$50k for seniors 70+. Consider whether premium costs over time justify the coverage, or if saving that money directly might be more practical.
Compare life insurance quotes from New Zealand's leading providers. Get guaranteed acceptance options and cover funeral costs from $42/month.