Our Term Life Insurance provides a home loan mortgage protection (also called mortgage protection) option especially for anyone wanting cover for the duration of their home loan only.
Your cover amount decreases over time as your home loan is repaid so you’ll only pay for the protection you need.
Term Life Insurance - Level Premium Mortgage Repayment
» New Zealanders aged 16-72 can apply
» Cover amount decreases over time
» Cover renews automatically every year for the life of the policy
» Annual premiums are fixed and won't change from year to year
The premium you pay depends on the amount of cover you select, the policy term, your age, gender, smoking status, and any medical conditions you may have.
Term Life Insurance is arranged and underwritten by Southsure Assurance Limited (Southsure) - a subsidiary of Southland Building Society (trading as SBS Bank). This webpage is only a summary of the features and benefits of Term Life Insurance and is intended to be of a general nature. Neither SBS Bank nor any other entity within the SBS Bank Group guarantees the obligations of, or any products issued or underwritten by Southsure. This webpage is only a summary of the features and benefits of Income Protection Insurance and is intended to be of a general nature.