OneChoice Life Insurance

Life is better when you don’t need to worry about things going wrong. That’s why OneChoice lets you focus on enjoying it, with trusted cover that’s there for you and your family should the worst happen.

It’s not just about insuring your life; you might also be able to add optional cover for serious illnesses or permanent disabilities that stop you from living it the way you want. Easy as.

What you get with OneChoice Life Insurance:

Cover for NZ residents aged 16 – 70

Whether you’re a pro at life or just getting started, with OneChoice, you can be confident you and your loved ones will be financially protected. So once your cover is in place, it will continue for the term of your policy, as long as you continue to pay your premiums.

Lower premiums based on your lifestyle

Get rewarded for living right with lower starting premiums for non-smokers. Lock in your cover today to look out for your health tomorrow.

Flexible cover amount

You wouldn’t buy clothes that don’t fit you well so why should your insurance be any different? With OneChoice, you can choose a cover amount – from $100,000 to $2 million depending on your age and underwriting outcome.

Advance funeral payout

We’ll pay $10,000 to help with funeral or tangi costs, so loved ones can honour your life as memorably as you lived it. No worries.

Cover for terminal illness

Don’t let life take you by surprise. We’ll pay you 100% of your benefit if you’re diagnosed with a terminal illness.

Cover for death, however it happens

Stop worrying about losing your life and focus on enjoying it! With OneChoice, you’re covered for death by any cause from day 1 in most cases (exclusions apply, depending on your circumstances). Nice!

See more benefits

Add optional cover

Serious Illness Insurance

Covers defined serious illnesses: Heart Attack, Cancer, Stroke and Coronary Artery Bypass Surgery.

Total & Permanent Disability Insurance

Support yourself financially if you can’t work due to a covered illness or injury.

Compare Life Insurance Products

The following table compares OneChoice Life Insurance to similar products offered by other insurance providers in New Zealand.

Slide to compare

Product feature OneChoice Life Insurance Insurer A Insurer B Insurer C Insurer D
Age eligibility to apply 16 - 70 18 - 70 16 - 59 18 - 65 16 - 70
Joint cover available
Lifetime cover
No medical or blood test to apply Depending on disclosure
Free interim accidental death cover Up to $500,000
Maximum benefit amount $2 million $1 million $1 million $1 million $2 million
Advanced funeral or tangi payment $10,000 $15,000 $15,000 $10,000 (must hold policy for 24 months) $15,000
Terminal illness benefit 100% on diagnosis 100% on diagnosis (max $500,000) 100% on diagnosis 100% on diagnosis 100% on diagnosis
Serious illness option Optional add on, up to $500,000 Optional add on, up to $500,000 Optional add on
TPD option Optional add on, up to $1 million Optional add on
Apply to increase benefit amount
Increase benefit amount after life events without answering any underwriting questions up to $500k per policy term up to $200k per event Up to $250k per policy year max 3 events

This information is accurate as at 15 February 2023. This table compares a sample of policy features but does not compare all aspects of each policy. There are also other policies available that have not been compared. Continuous cover, maximum benefit amount, Serious Illness and TPD options are dependent on your age and underwriting outcome at time of application.

Get to know life insurance

What is life insurance?

It’s simple, as long as you’re with OneChoice. Life insurance is a way of helping your family cope financially if something happens to you. Having cover means they won’t be left with the added financial stress of funeral costs, everyday bills, or loss of income if you’re no longer able to provide for them. Read more

Life insurance in New Zealand

Even if you don’t have children or other dependents, it’s still important to think about yourself, right? With life insurance you may also be able to add optional cover for some health-related events, helping you with medical bills or other expenses if you suffer a disability or illness. Read more

Life insurance for every stage of life

Any New Zealander between the ages of 16 – 70 can apply with OneChoice. We’ve got options for any life stage and even let you tailor a policy to find the perfect fit. Read more

How much does life insurance cost in New Zealand?

The cost of life insurance varies based on things like your age, lifestyle, medical history and how much cover you take out. This makes it hard to come up with a price guide without knowing who the policy is for but there are still things you can look out for to keep your premiums under control. Read more

How age affects life insurance premium rates

When you apply for life insurance, we need to know how old you are (don’t worry, we’ll keep it a secret). While your age is one of the main factors used to calculate your premiums, there are other things worth considering too. Read more

How much life insurance do I need?

Figuring out how much cover you need is like asking what the best flavour of ice-cream is – it depends! You can start by factoring in the size of your family, your financial goals, and the day-to-day cost of being you. Read more

Award-winning insurance

At OneChoice we’re proud to provide award-winning service and value to our fellow Kiwis.

OneChoice: the smart choice

We’re all for Kiwis

We love what we do and who we do it for. That’s why our cover is designed just for Kiwis (that’s you - not the bird).

Built on success

Your policy is issued by Pinnacle Life and backed by Hannover Re, one of the world’s leading underwriters. So you’re in safe hands.

Insurance, but simple

Life’s too short for confusing paperwork. We skip the medicals and forms to apply by asking you questions over the phone.

Have it your way

Our insurance gives you heaps of choice – from your cover amount, payment frequency, your beneficiaries, and more. You’re in control.

Make a move. Don’t be shy.

Still reading?

Get a cool info pack

We can send you a free info pack with even more information on OneChoice. You’ll love it.

Frequently asked questions

Make the call

If you’re keen for a chat, call us on 0800 005 819 from 8am to 8pm Monday to Friday. If you’re too busy enjoying life, we can call you instead, or why not request a quote now?