Terms & Conditions

How your cashback works

As a thanks for using our service, LifeDirect gives you a 20% Cashback on your first year's life insurance, mortgage insurance or income protection premium!
How it works is simple - when your policy starts we'll send you a lump sum equal to 20% of your first year's premium. The Cashback is paid on life insurance, mortgage insurance or income protection insurance only and is paid on the first 12 months' premium, not in subsequent years. The Cashback is paid to you by LifeDirect, not your selected insurer. It is a lump sum and does not affect the regular premium you pay to your insurer.

Cashback conditions

No Cashback is payable if you are replacing an existing policy started through LifeDirect. Also, if you are replacing an existing policy with a policy from the same insurer, LifeDirect will only pay a Cashback on any increase in premium. You must have an active policy when you claim your Cashback and it must be claimed within 6 months of your policy commencing. If you cancel your policy through LifeDirect, or it lapses through non-payment within twelve months of receiving the Cashback, you must return the cashback in full to LifeDirect.

Prezzy card conditions

LifeDirect by Trade Me offers Prezzy cards to potential or existing customers from time to time (the “Promotion”). These terms govern our Promotion, in addition to any terms stated in electronic direct mails, display advertising or other marketing material.

  1. Eligible policies for the Promotion are life insurance, mortgage insurance, health insurance, funeral insurance or income protection insurance only purchased within the date range specified in the relevant marketing material (“Promotional Period”).
  2. To be automatically eligible to receive a Prezzy card you must:
    • have purchased and be the owner of the policy during the Promotional Period; and,
    • have an active policy at the time we post out your Prezzy card.
  3. One Prezzy card will be awarded per eligible policy, regardless of whether a policy is taken out singly or jointly.
  4. Prezzy card’s own terms and conditions apply. The card is not transferrable, exchangeable or redeemable for cash.
  5. To redeem your Prezzy card, email your policy number to prezzycard@lifedirect.co.nz. The Prezzy card will be posted to you within 7 working days of your email to us.
  6. LifeDirect reserves the right to change or withdraw this Promotion at any time without notice.
  7. By entering this promotion you accept these terms and conditions.