Asteron Life vs Chubb Life NZ

Asteron Life

not on file

Chubb Life NZ

Stepped premiums that adjust each year on the anniversary date as the life insured gets older. Chubb Life may also change premium rates for all LifeOne policies from time to time, with at least 30 days notice before any changes. An annual CPI-linked cover increase of up to 10% is offered each year, with premiums adjusted accordingly.

Asteron Life

You can apply to receive your Life Cover payment straight away if you're given less than 12 months to live. We normally pay this within seven days after you place a claim with us.

Chubb Life NZ

not on file

Asteron Life

We will make an advance payment of $15,000 or $25,000 from your Life Cover when a life insurance claim is accepted. This pays for immediate expenses such as a funeral.

Chubb Life NZ

not on file

Asteron Life

not on file

Chubb Life NZ

If the life insured's death or terminal illness is caused or contributed to, directly or indirectly, by suicide, attempted suicide or intentional self-injury within 13 months of the cover start date or from the date the policy was reinstated after being cancelled. This applies whether the life insured is sane or insane. If the Life Cover Amount is increased within 13 months before the life insured's death by suicide, attempted suicide or intentional self-injury, we'll only pay the Life Cover Amount that applied immediately before the increase.