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The Benefits of Life Insurance

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As you enter your golden years, priorities may change and planning for the future can become more important. At Golden Insurance, we want to help you provide your loved ones with a brighter tomorrow with some straightforward financial support. Whether it’s to help cover the costs of outstanding debts, funeral expenses, or even to leave a gift behind – we can give you the peace of mind that your loved ones will have some financial help when you’re no longer around.

Let’s take a look at some of the benefits life insurance can give you. And see if it could be a valuable option for you if you’re a New Zealand resident aged 40-80.

Cash Payout for Your Loved Ones

One of the main benefits of taking out a life insurance policy is that it can provide some financial help for your family at an already stressful time. Depending on your age and personal circumstances, with Golden Life Insurance you can choose a payout up to $250,000.1 The cash payout is paid straight to your loved ones after you pass away. It could give you real peace of mind today, knowing you’ve put plans in place to help give your family a brighter tomorrow.1

Better yet, with Golden Life Insurance, applying is easy. There’s no complicated forms to fill out, no medical exams or blood tests needed – you simply answer a few health and lifestyle questions and you’re all set. You can arrange everything over the phone, in just minutes.

Terminal Illness Coverage

Golden Life Insurance provides a 100% early pay out of your life insurance benefit amount if you’re diagnosed with a terminal illness.2 This could help cover medical expenses or allow you to spend precious time with your loved ones.

Straightforward Claims Process

When the time comes, claiming your cash payout needs to be kept as simple as possible for your loved ones. At Golden Insurance we understand the importance of this, so we designed our claims process to be straightforward. Our dedicated claims specialists will be on hand to help your loved ones with care and compassion.

Immediate Cover from Day One

If you’re thinking about taking out a life insurance policy, we understand you’ll want your cover to start as soon as possible. With Golden Life Insurance, you could get immediate cover.3 This means you’re covered from day one for death and terminal illness.2  So you can get on and enjoy your life to the full, straight away.

Benefit Amount and Payment Options

Everyone’s financial situation is different and as we age, sometimes we need to make changes. At Golden Insurance we recognise how important this is to our customers. So, you can apply to make changes to your level of cover whenever you want.

You can also select a benefit amount that works for you and pay it when it best suits you – you can choose to pay fortnightly or monthly, at no extra cost. If you’re a non-smoker, you’ll also enjoy lower premiums.4

Help Give Your Loved Ones a Brighter Tomorrow

If you’d like to help protect your loved ones from the financial strain of mortgage repayments, debts, or other final expenses after you die, we can help. Golden Life Insurance can help you to provide a brighter tomorrow for the ones you love.

Our team of life insurance specialists is ready to answer any questions you may have or help you get a quick quote over the phone. Simply give us a call on 0800 110 038 today.-

Get a quote today

Ready to take a simple step towards peace of mind? Call our friendly team today, we’re here to help.

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Guides

1

From $10,000 up to $250,000 of cover available (depending on your age and personal circumstances when you apply). The benefit amount will not be paid if you die or are diagnosed with a Terminal Illness2 as a result of an intentional self-inflicted injury or attempted suicide that occurred before the policy commencement date or within the first 13 months of the policy commencement date. A waiting period may also apply during which the benefit amount will only be paid if you die due to an accident. Refer to the Policy Document for full details. 

2

Terminal Illness is as defined in the Policy Document, and will not be paid during a waiting period should one apply. Upon payment of a Terminal Illness claim, the policy and cover will end.

3

Depending on your health when you apply.  The benefit amount will not be paid if you die or are diagnosed with a Terminal Illness4 as a result of an intentional self-inflicted injury or attempted suicide that occurred before the policy commencement date or within the first 13 months of the policy commencement date. Depending on your health, a waiting period may also apply during which the benefit amount will only be paid if you die due to an accident. Refer to the Policy Document for full details.

4

Premiums for a non-smoker are lower than for a smoker of the same age and gender, with the same benefit amount and accepted at standard premium rates. Golden Life Insurance is an insurance policy and not a savings plan which means if your policy is cancelled, you will not get anything back (unless it is cancelled within the cooling off period). The total premiums you pay over the life of the policy could also be more than the benefits we pay out.