Our Income Protection Insurers
We've selected seven of NZ's largest and most respected income protection insurers - giving you freedom of choice and the confidence of knowing that you're selecting a solid, well known company to trust with your insurance.
AIA Group Limited and its subsidiaries comprise the largest independent publicly listed pan-Asian life insurance group in the world, with a broad footprint spanning 17 markets in Asia Pacific. The Group traces its roots in the region back more than 90 years and has total assets of US$147 billion.
AIA New Zealand is a member of the AIA Group. As a company we draw on our global expertise and unparalleled heritage of 90 years experience in the Asia-Pacific region.
Since the company arrived in New Zealand in 1981, we have consistently provided the market with innovative personal and business insurance products that suit the Kiwi way of life. Today we offer a complete range of risk management products that focus on the needs of our customers.
Choosing an insurer to protect you and those you care about is an important decision. You want to be sure your insurer will be there when you need them most.
AMP has been protecting Kiwis and their families for over 160 years. In 2014, AMP paid 99% of all Risk Protection Plan ("RPP") Life Insurance claims finalised in that year*. That amounted to over $24m in payments to help families continue without the added stresses of financial hardship.
*This figure excludes Terminal Illness benefits. The AMP Life Limited, ABN 84 079 300 379 (Incorporated in Australia) is the issuer of the AMP RPP policies.
As a member of the Suncorp group of companies, Asteron Life is part of a group with approximately 8.7 million customers, $1 billion in life insurance premiums and $9.8 billion in funds under administration. Our sister companies in New Zealand include many well-known brands such as Vero and AA Life.
Fidelity Life is the largest New Zealand owned life and disability insurer. It provides insurance protection for around 240,000 Kiwis, representing one-in-ten people in employment, through individual policies and employer-sponsored group schemes.
Fidelity Life offers Life, Total & Permanent Disability, Trauma and Income Protection insurance with a full range of options suited for a variety of circumstances. It has over 250 staff, located in offices in Auckland, Hamilton, Tauranga, Wellington, Christchurch, and Dunedin.
OnePath is New Zealand's largest manager of retail investment funds including KiwiSaver (FundSource: September 2010). We also hold a leading position in the insurance and wholesale investment markets.
In New Zealand, OnePath is a wholly owned subsidiary of ANZ Bank New Zealand Limited, which is part of ANZ Group.
When you do business with OnePath, you are dealing with a respected company whose history of achievement demonstrates we have the expertise to partner you in your journey towards financial wellbeing. Specifically, our aim is to help you reach your financial and lifestyle goals through the accumulation, investment and protection of assets.
Established in August 2010, Partners Life is a fresh, innovative, New Zealand Life Insurance company offering a full range of life risk products for the protection of New Zealand families and businesses. Products include life insurance, income protection, medical insurance, disability insurance, trauma cover and business risk protection. Over time, Partners Life aims to offer a comprehensive range of financial services products. The founders of Partners Life; Naomi Ballantyne, Chris Coon and Richard Coon - supported by Chairman Boyd Klap and non-executive directors Joanna Perry and Sam Knowles - bring many years of financial services experience in both international and domestic markets and have come together to create an entirely unique life insurance company.
Sovereign was established in 1989, creating a new style of life insurance and investment company in New Zealand. In December 1998, Sovereign became part of the ASB Group of companies, which is in turn part of the Commonwealth Bank of Australia Group (CBA).
After taking care of New Zealanders for the past 25 years, Sovereign is turning insurance on its head by dedicating ourselves to helping you take charge of your health.
We will be focusing on improving customers' lifelong health and doing our bit to encourage healthy lifestyles, prevent health problems before they occur, and help New Zealanders take charge of their health so they enjoy a better quality of life.
Sovereign is New Zealand's largest life insurer and provides a comprehensive suite of life insurance, investment and home loan products.