Insurance News from Compare Life Insurance

Compare Life Insurance is pleased to present the latest financial news headlines.

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News items on this page are prepared by our editorial team as summaries of publicly available news reports and official announcements. See linked news sources where available. The following news items are for informational purposes only and are not independent journalism.

Insurance News

What Asteron Life’s ownership shift means for cover reviews

04 Aug 2026: Paige Estritori

Asteron Life’s ownership transition from Suncorp to Resolution Life has put another spotlight on a practical question for New Zealand life insurance customers: what should you do when the company behind your policy changes? For most existing policyholders, an ownership change does not automatically rewrite the promises in a current contract. - read more

What complaint trends mean for life insurance buyers

28 Jul 2026: Paige Estritori

Recent industry attention on insurance complaints is a useful reminder that buying life cover is not only about finding the lowest premium. For New Zealand households, the real test of a policy often comes years later, when a claim is made and the insurer checks whether the policy terms have been met. - read more

Why easier access to advice matters when choosing life insurance

21 Jul 2026: Paige Estritori

A recent Good Returns TV discussion with Financial Markets Authority Director of Deposit Taking, Insurance and Advice Michael Hewes has renewed attention on a practical issue for New Zealand households: too many people still find financial advice hard to access, hard to understand, or too time-consuming to begin. - read more

A new life insurance discount puts long-term value in focus

14 Jul 2026: Paige Estritori

Partners Life has introduced a new Life Advantage discount, giving eligible customers a permanent reduction on selected life and trauma-related covers. The offer is aimed at non-smokers aged 16 and over who meet a specified body mass index range and complete full medical underwriting when applying for new or increased cover. - read more

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The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Life Insurance Articles

How Life Insurance Underwriting Works in New Zealand

Life insurance underwriting is the assessment an insurer carries out after you apply for cover. It helps determine whether cover can be offered, what premium may apply, and whether any special terms, exclusions or loadings are needed. - read more

Types of Life Insurance Cover in New Zealand Explained

Life insurance in New Zealand can include several different types of personal cover, including life cover, terminal illness benefits, trauma cover, TPD cover and income protection. Understanding how these covers differ can help you compare policies more confidently before requesting quotes. - read more

How Life Insurance Policy Comparison Works in New Zealand

Life insurance is a crucial financial safety net, offering monetary support to beneficiaries or an estate upon the death or terminal diagnosis of the insured. In New Zealand, life insurance options differ greatly, with variations in pricing, included features, claim evaluations, and specific conditions. - read more

Life Insurance Premiums in New Zealand: What Affects the Cost

Life insurance premiums in New Zealand can vary widely between people and providers. This guide explains the main factors that affect cost, how stepped and level premium structures work over time, and why the lowest starting premium is not always the simplest comparison point. - read more

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Knowledgebase

Grace Period:
A set amount of time after the premium is due during which a policyholder can make a payment without the insurance coverage lapsing.

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