We'll make sure you have the cover you need to look after the people and things you love. Kick those life worries into touch and replace them with peace of mind with everyday insurance that’s designed for Kiwis. Our New Zealand insurance team can talk to you about all the options available so you can get on with life.

Cover your house

  • To repair or rebuild up to your sum insured for:
    • Natural disaster (ie, flood, storms, earthquakes) inclusive EQC cover
    • Fire
    • With rental property options for landlord’s contents and tenant damage

Additional cover

  • Natural disaster cover above any EQC cover for gardens, retaining walls, gates, fences, paths, driveways
  • Hidden gradual damage from accidental leaks and overflows
  • Legal liability if your property damages another property
  • Debris removal costs to remove damaged contents or fallen trees

House insurance is arranged by Southsure Assurance Limited (Southsure), a subsidiary of SBS Bank. House insurance is underwritten by Lumley, a business division of IAG New Zealand Limited (Lumley). SBS Bank may receive a commission for any successful insurance referral.

choose your cover amount for

  • If items are stolen, damaged, lost
  • Replacement or market value (depending on item)

Additional cover

  • Temporary accommodation if you need to be out of your home while it’s rebuilt/repaired
  • Lost or stolen keys, locks, remote door openers, swipe cards
  • Personal liability for legal costs for damage to another property
  • Debris removal costs to remove damaged contents or fallen trees

Contents insurance is arranged by Southsure Assurance Limited (Southsure), a subsidiary of SBS Bank. Contents insurance is underwritten by Lumley, a business division of IAG New Zealand Limited (Lumley). SBS Bank may receive a commission for any successful insurance referral.

Cover options

  • Repair or replacement cover for accidental damage
  • If you damage someone else’s car or property
  • If your vehicle is stolen, damaged in a fire or by natural events
  • Also: trailer up to $2,500 if stolen or damaged while being towed
  • The higher your excess, the lower your premium

Additional cover

  • Get a new vehicle if your vehicle is less than a year old and a total loss
  • No excess and no impact on No Claims Bonus for windscreen and headlight claims
  • Legal liability if you accidentally damage someone else’s property or injure someone while driving
  • Ask about Third Party options, and motorcycle cover

Vehicle insurance is arranged by Southsure Assurance Limited (Southsure), a subsidiary of SBS Bank. Vehicle insurance is underwritten by Lumley, a business division of IAG New Zealand Limited (Lumley). SBS Bank may receive a commission for any successful insurance referral.

Covering you in New Zealand and New Zealand waters

  • To repair damage
  • Replacement if stolen and unable to be recovered
  • Also: sails, outboard motors, protective covers, trailers, fishing, diving, and water-skiing gear

Additional cover

  • Legal liability if you damage someone else’s property or injure somebody

Boat insurance is arranged by Southsure Assurance Limited (Southsure), a subsidiary of SBS Bank. Boat insurance is underwritten by Lumley, a business division of IAG New Zealand Limited (Lumley). SBS Bank may receive a commission for any successful insurance referral.

Options for all ages, budgets and destinations

  • Emergency Medical Assistance 24/7
  • Lost personal effects and baggage
  • Replacement travel documents cover
  • Medical and repatriation expenses
  • Free cover for dependent children under 21 years
  • Rental vehicle excess cover

Additional cover options

  • Pre-existing medical conditions; excess buyout; increased cover for specified high value items
  • Frequent flyer – for unlimited trips over 12 months
  • Loss of deposits-only cover if your trip is cancelled
  • Essentials leisure cover – lower limits and benefits
  • Business travel - including trade samples and business tools

Travel insurance is arranged by Southsure Assurance Limited (Southsure), a subsidiary of SBS Bank. Travel insurance is issued and managed by Allianz Global Assistance New Zealand Limited and underwritten by Allianz Australia Insurance Limited. SBS Bank may receive a commission for any successful insurance referral.

Term life policy – some features

  • Tax-free lump sum on your death OR if terminally ill
  • Premium can start lower and increase each year OR set at the same amount each year
  • Provide for your family, cover your mortgage and other needs

Personalise your policy

  • Choose cover amount – increase/decrease at any time
  • Premium based on factors like age, gender, smoking/medical
  • Automatic renewal each year – even if your health deteriorates
  • Calculated on your ‘risk only’ – don’t pay for what you don’t need
  • Cancel your cover – no penalty

Term Life insurance is arranged and underwritten by Southsure Assurance Limited (Southsure), a subsidiary of SBS Bank. SBS Bank may receive a commission for any successful insurance referral.

At a glance

  • Monthly tax-free cash payments for unexpected illness, debilitating accident or redundancy
  • Premium and cover increase/decrease options
  • No effect on any ACC eligibility or ACC entitlement
  • Cancel your cover – no penalty

What it can help you with

  • The essentials – mortgage, rent, insurance, utilities, food etc
  • Your responsibilities – lifestyle costs like tuition fees, recreation etc
  • Disability cover – when you can’t work due to accident or illness (covered by the policy)

Income Protection insurance is arranged and underwritten by Southsure Assurance Limited (Southsure), a subsidiary of SBS Bank. SBS Bank may receive a commission for any successful insurance referral.

At a glance

  • For major illnesses: cancer, heart attack, stroke, and chronic renal failure
  • One-off cash payment to see you through
  • Help meet ongoing living costs, additional medical/home care help, rehabilitation, debt or take a holiday to recuperate

Choose your cover

  • Choose the cover amount – increase/decrease at any time
  • Premium based on factors like age, gender, smoking/medical
  • Automatically renews each year – even if your health deteriorates
  • Cancel your cover – no penalty

Critical Condition insurance is arranged and underwritten by Southsure Assurance Limited (Southsure), a subsidiary of SBS Bank. SBS Bank may receive a commission for any successful insurance referral.

At a glance

  • Payment within 48 hours of claim accepted
  • Easy to arrange and affordable
  • Choose the cover amount - between $5,000 and $25,000
  • Premiums don’t increase - based on factors like age, gender, smoking/medical, cover chosen
  • Pay monthly or fortnightly without fees or interest charges

Guaranteed acceptance

  • New Zealanders aged 55 – 85 years
  • No medical questions
  • Immediate cover for accidental death
  • Premiums refunded if death from natural causes within first two years
  • Cancel your cover – no penalty

Funeral insurance is arranged and underwritten by Southsure Assurance Limited (Southsure), a subsidiary of SBS Bank. SBS Bank may receive a commission for any successful insurance referral.

Important Information

This information is only a summary of the insurance products that are on offer and is intended to be of a general nature. All insurance cover is subject to underwriting criteria and the individual policy terms and conditions set out in the policy document. SBS Bank insurance products are arranged by Southsure Assurance Limited (Southsure), a subsidiary company of Southland Building Society (SBS Bank). Southsure is licensed under the Insurance (Prudential Supervision) Act 2010 and supervised by the Reserve Bank of New Zealand. Southsure is a member of the Banking Ombudsman scheme. SBS Bank may receive a commission for any successful insurance referral.