Chubb Life NZ vs Fidelity Life

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.

Fidelity 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.

Fidelity Life

We will cancel the cover, or the increased portion of cover, and retain any premiums paid if the insured person, whether sane or insane, dies by their own hand within 13 months of: the start date or the date of reinstatement, or the date of any increases in the sum insured, excluding increases due to CPI Increases.