nib Ultimate Life & Living Insurance
nib Ultimate Life & Living Insurance
We have expanded our Ultimate Insurance suite to cover comprehensive Life, Trauma, Income Protection, Mortgage Protection, Total & Permanent Disability (TPD), and Waiver of Premium (WoP) insurance.
These modern products have been designed with both your clients and your business in mind, offering a comprehensive suite of protection.
Ultimate Life Insurance
Lump sum payment if you pass away or are diagnosed with a terminal illness or terminal condition.
Ultimate Trauma Insurance
Financial support during major health events like cancer or a heart attack.
Ultimate Income Protection Insurance
Income replacement if you’re unable to work due to illness or injury.
Ultimate Mortgage Protection Insurance
Provides support to cover your mortgage payments if you are unable to work due to illness or injury.
Ultimate Total & Permanent Disability Insurance
Lump sum payment if you become permanently unable to work due to illness or injury.
Ultimate Waiver of Premium
This ensures that your Ultimate Life & Living Insurance policy remains active while you focus on recovery without the financial stress of maintaining premium payments.
To give your clients the best options, explore our multi-cover and bundled discount options.
Key features
Worldwide Cover^
Your clients are covered no matter where in the world they are – whether at home, travelling, or living overseas.
Guaranteed Wording
Provides certainty over the cover, ensuring that benefits and terms are guaranteed and will not change unless requested or in other limited circumstances.
Premium Discounts*
Your clients enjoy savings of 10-15% with our Multi-Cover Discount when they combine 2-4 eligible Ultimate Life & Living Insurance covers, like Trauma or Income Protection.
Future Upgrades
If any improvements are made to the on-sale cover in the future, those favorable changes will automatically apply if the benefit exists in the policy.
Flexible Cover
Allows your clients to put their cover on hold when their lifestyle or financial circumstances change.
^Personal exclusions may apply and payments are only made to an NZ bank account. Full terms & conditions for each nib Ultimate Life & Living Insurance product can be found in the corresponding policy documents, available here.
*Full terms & conditions of this discount, including when nib can change or remove the discount can be found in the nib Ultimate Life Insurance policy document, available here.