Chubb Life Insurance NZ: Coverage and Cost Guide
Choosing life insurance often feels like a maze of fine print and vague promises, but when a global insurer with an A (Excellent) financial strength rating sets up shop in New Zealand, it warrants attention. This guide covers what Chubb offers, how to manage your policy, and what it costs.
Minimum monthly premium: $20 ·
Financial strength rating: A (Excellent) ·
Types of cover offered: Life, income protection, trauma, funeral, travel
Quick snapshot
- Chubb Life NZ offers life, income protection, trauma, funeral, and travel insurance (Chubb Life New Zealand (official product page))
- Chubb has an A (Excellent) financial strength rating (Chubb Life New Zealand (official site)) (Chubb Life New Zealand (official product page))
- Policies start from $20 per month (Chubb Life and Living Insurance Policy Document (PDF))
- Chubb is a global insurer still operating in NZ (Chubb Life New Zealand (official site)) (Chubb Life New Zealand (official product page))
- Exact monthly premium for a $1,000,000 policy
- Specific cancellation fees or notice periods
- Full list of exclusions for Chubb’s life insurance
- Whether Chubb offers fixed premium guarantees for the life of the policy
- Premium review possible after 12 months of non-smoking (Chubb Life New Zealand (review page))
- Combine covers to unlock multi-benefit discounts up to 12.5% (Chubb Life New Zealand (Life & Living page))
Six key facts sum up the essentials of a Chubb Life policy in New Zealand.
| Label | Value |
|---|---|
| Minimum Premium | $20/month |
| Financial Rating | A (Excellent) |
| Cover Types | Life, Income Protection, Trauma, Funeral, Travel |
| Customer Service | 0800 number |
| Online Portal | chubb.com/nz-en |
| Payment Structure | Lump sum on death |
What does Chubb Life insurance in NZ cover?
Types of life insurance policies offered
- Life insurance – pays a lump sum on death (Chubb Life and Living Insurance Policy Document (PDF))
- Income protection – replaces a portion of your income if you’re unable to work (Chubb Life New Zealand (Life & Living page))
- Trauma insurance – a lump sum on diagnosis of a specified critical illness (Chubb Life New Zealand (Life & Living page))
- Funeral insurance – covers funeral costs (Chubb Life and Living Insurance Policy Document (PDF))
- Travel insurance – covers trip disruptions and medical emergencies abroad (Chubb Life and Living Insurance Policy Document (PDF))
Additional coverage options: income protection, trauma, funeral, travel
Chubb allows you to bundle multiple covers. Taking out Life plus at least one other cover can qualify for a Multi-benefit discount: 10% if you take Life and one other, and 12.5% if you take Life and two others, provided minimum sums insured are met (Chubb Life New Zealand (Life & Living page)).
A policyholder who combines life, income protection, and trauma insurance gets a 12.5% discount on total premiums, which can lower the effective monthly cost significantly.
How do I find my Chubb life insurance policy?
Logging into the Chubb portal
Head to chubb.com/nz-en and log in to the policyholder portal. You’ll need your policy number – if you don’t have it, call the support team. Once logged in, you can view coverage details, check payment history, and update personal information.
Contacting customer support
- General enquiries: 0508 464 999 or Getintouch.NZ@chubb.com (Chubb Life and Living Insurance Policy Document (PDF))
- Claims: 0800 900 047 or Claims.NZ@chubb.com (Chubb Life Insurance Policy Wording (PDF))
- Complaints: ChubbLifeComplaints.NZ@chubb.com (Chubb Life Insurance Policy Wording (PDF))
The implication: Chubb provides multiple contact channels, but the fastest way to find your policy details is through the online portal with your policy number ready.
Does Chubb insurance still exist?
Chubb’s global presence
Chubb is one of the world’s largest publicly traded property and casualty insurers, operating in 54 countries (Chubb Life New Zealand (official site)). Its New Zealand life division, Chubb Life New Zealand, has been active for many years.
Chubb Life in New Zealand today
Chubb Life New Zealand continues to sell and service life insurance policies. The company holds an A (Excellent) financial strength rating from A.M. Best, indicating strong capacity to meet ongoing policyholder obligations (Chubb Life New Zealand (official site)).
What this means: Chubb is not only still in business, but it’s a financially robust insurer with a global footprint – a stable choice for New Zealand policyholders.
How do I cancel my Chubb Life insurance in NZ?
Cancellation process
Cancellation can be initiated by calling the freephone number 0508 464 999 or by emailing Getintouch.NZ@chubb.com. A written request may be required depending on the policy type. Check your policy document for any notice periods or surrender fees (Chubb Life and Living Insurance Policy Document (PDF)).
Contact information
- General support: 0508 464 999
- Email: Getintouch.NZ@chubb.com
- Complaints: ChubbLifeComplaints.NZ@chubb.com
The trade-off: Cancelling early may forfeit any accumulated benefits, but Chubb’s customer service team can outline the exact impact before you proceed.
How much does a $1,000,000 life insurance policy cost per month?
Factors affecting premium
Premiums depend on age, health (smoking status), cover type, and sum insured. Smokers pay higher premiums, but can request a lower premium after 12 months as a non-smoker (Chubb Life New Zealand (review page)). Health improvements may also qualify for a premium review (Chubb Life New Zealand (review page)).
Sample premiums from Chubb
Chubb’s policies start from $20 per month for lower coverage amounts. For a $1,000,000 policy, the exact cost is individually quoted. A 40-year-old non-smoker in good health might expect a premium much higher than $20, but still competitive within the NZ market. The best way to get a precise figure is to request a quote through the Chubb portal or by phone.
A $1,000,000 policy is a significant financial commitment. Without a clear quote, you can’t compare effectively. Chubb’s willingness to review premiums after health improvements gives policyholders a path to lower costs over time.
Five specification points, one pattern: Chubb’s product is designed for flexibility with discounts for bundling.
| Specification | Details |
|---|---|
| Minimum premium | $20/month |
| Payment frequency | Weekly, fortnightly, monthly, half-yearly, annually (Chubb Life Cover Brochure (PDF)) |
| Payment methods | Direct debit, credit/debit card (Chubb Life Cover Brochure (PDF)) |
| Multi-benefit discount (Life + 1) | 10% (Chubb Life New Zealand (Life & Living page)) |
| Multi-benefit discount (Life + 2) | 12.5% (Chubb Life New Zealand (Life & Living page)) |
| Policy fee | Part of total premium (Chubb Life and Living Insurance Policy Document (PDF)) |
| Premium review | After 12 months non-smoker or health improvement (Chubb Life New Zealand (review page)) |
| Cost reduction options | Reduce cover, increase waiting period, remove optional benefits (Chubb Life New Zealand (review page)) |
Pros and cons of Chubb Life Insurance NZ
Upsides
- Global insurer with A (Excellent) financial strength rating
- Multi-benefit discounts up to 12.5% for bundling covers
- Flexible payment frequencies and methods
- Online portal and dedicated NZ support
- Premium review available after health improvements
Downsides
- Exact pricing for high sums (e.g., $1M) not publicly listed
- Cancellation fees and notice periods not clearly stated online
- Full list of exclusions not readily available without policy document
- Limited direct comparison tools on Chubb’s site — see our guide to Best Health Insurance NZ 2026 for alternative options
How to manage your Chubb policy
- Log in to the portal – Visit chubb.com/nz-en and use your policy number to access your account.
- Find your policy number – Check your original policy documents, emails from Chubb, or call 0508 464 999.
- Make changes – Update personal details, payment method, or coverage via the portal or by contacting Getintouch.NZ@chubb.com.
- Request a premium review – If you’ve quit smoking or improved your health, submit a review request through the online form or by phone.
- Cancel your policy – Call 0508 464 999 or email to initiate cancellation; a written request may be required.
What’s confirmed vs. unclear
Confirmed facts
- Chubb offers life, income protection, trauma, funeral, and travel insurance.
- Financial strength rating A (Excellent).
- Policies start from $20/month.
- Multi-benefit discounts available.
- Payment can be made weekly, fortnightly, monthly, half-yearly, or annually.
What’s unclear
- Exact monthly premium for a $1,000,000 policy.
- Specific cancellation fees or notice periods.
- Full list of exclusions for Chubb’s life insurance.
- Whether Chubb offers fixed premium guarantees for the life of the policy.
Quotes from Chubb Life New Zealand
“Policies starting from as little as $20 per month.”
– Chubb Life New Zealand (official product page)
“A (Excellent) financial strength rating.”
– Chubb Life New Zealand (LinkedIn profile)
For New Zealand buyers weighing their options, the choice is clear: Chubb’s global backing and A rating offer a solid foundation, but you’ll need to contact them directly for a precise quote on higher coverage amounts. If you value flexibility, discount bundling, and the ability to review premiums after health improvements, Chubb Life NZ is a strong contender. Just be prepared to dig into the policy documents for the finer details on exclusions and cancellation terms.
Related reading: Best Health Insurance NZ 2026: Compare Costs & Providers · Is Mounjaro Available in New Zealand? 2026 Cost & Alternatives
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While Chubb offers competitive rates, it’s worth reviewing the life insurance comparison in New Zealand to see how other insurers stack up.
Frequently asked questions
What is the Chubb life insurance NZ phone number?
General enquiries: 0508 464 999. Claims: 0800 900 047.
How do I login to Chubb Life Insurance NZ?
Visit chubb.com/nz-en and use your policy number to log in to the policyholder portal.
What is ANZ Chubb Life insurance?
ANZ offers Chubb Life insurance as a partner product. If you have a policy through ANZ, it is underwritten by Chubb Life New Zealand. Contact ANZ or Chubb for policy details.
Does Chubb offer funeral insurance in NZ?
Yes, Chubb Life New Zealand offers funeral insurance as part of its product range (Chubb Life and Living Insurance Policy Document (PDF)).
What is the 2 year rule for life insurance?
The 2-year rule often refers to the contestability period: if a policyholder misrepresents information on their application and dies within two years, the insurer can investigate and potentially deny the claim. Chubb’s policy documents outline this condition.
What will life insurance not cover?
Common exclusions include suicide within the first 13 months, death from hazardous activities, pre-existing conditions not disclosed, and death while committing a crime. Check your Chubb policy document for the full list.
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