What is life insurance?
When you’re healthy and fit, it’s not easy to imagine the idea of life changing. But if the worst were to happen, and you could no longer earn an income, would your family be able to manage financially without you?
Life insurance is designed to protect your family and any other people who may depend on you for financial support. If you have people that depend on you financially, or that might be hit hard financially in the event of your passing, you should consider life insurance.
Here at Glimp, we’re committed to helping everyday Kiwis just like yourself find cheap life insurance from New Zealand’s top insurance companies. We’ve gathered the best deals and policies together, so you can easily compare life insurance plans and find the right fit for your needs.
How does our life insurance comparison work?
Our life insurance comparison tool is designed to save you time and find the right cover for you so that you can protect your loved ones from any financial burden. You can compare life insurance quotes with ease if you compare with glimp. Here’s how our comparison works.
Quick and easy to use
Finding the right life insurance policy can be very difficult and tedious, as it can take hours to search through the different quotes and policies on the web. Our life insurance comparison makes this simple as we show you all of the life insurance policies from different companies on the same page.
Find your best deal, free of charge
We believe that it’s important for Kiwis around New Zealand to find the best life insurance policy for them, so that they can get the cover they need at a price that doesn’t cause too much financial burden. We also believe that this process shouldn’t cost any money - that’s right, our tool is 100% free to use!
Get your tailored results
Don’t waste your time looking at life insurance policies that don’t offer anything you need or that is well out of your price range. By answering a few questions about your lifestyle, health and other things, we’ll be able to find insurance policies that fit your needs, so that those are the only ones you’ll need to compare.
Start saving on your life insurance premium
By comparing life insurance in NZ, you’ll be able to switch to a policy that will allow you to save money. You can compare life insurance policies by price to find a cheaper deal so that you can start racking up the savings.
Why compare life insurance with glimp?
We save you time & money
Easily compare life insurance quotes. Find the best life insurance in minutes.
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Types of life insurance
Term life insurance is a type of insurance policy that provides coverage for a certain period of time. If you are diagnosed with a terminal illness or pass away during the specified time period, you or your chosen beneficiaries will be paid the sum insured.
As well as providing cover in the event of death or illness, some term insurance policies have other built in benefits such as funeral costs cover and and financial advice cover. When you’re searching for the right life insurance policy, it’s always best to check the details to see exactly what is and isn’t covered.
READ MOREWhole life insurance is a type of insurance contract that provides coverage to the insured person for their entire life. Upon the inevitable death of the policy holder, the insurance payout is made out to their beneficiaries.
Whole life insurance is more expensive than term, but comes with two key benefits. The first is a death benefit to be paid to your beneficiaries in the event of your death. The second is cash value accumulated over the term of insurance that can be used as either savings or to be borrowed against you if you need the money while you’re alive.
READ MOREBasic life insurance - whether term or whole - is a way to ensure that your family has a lump sum of money to take care of any debts and provide financial cushioning in the event of your death. It’s protection for both your loved ones, or anyone who is financially dependent on you.
Depending on the policy type, some insurers will pay out on the diagnosis of a terminal illness during the term of your life insurance policy. As always, exact cover will depend on the policy and insurer, so be sure to read the details on exactly what cover it’ll provide in the event of illness or death.
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Latest life insurance articles from glimp
Jun 21, 2019
Do you need life insurance?
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