How do Cigna Funeral Cover, AA Funeral Cover and Pinnacle Funeral Insurance plans compare?

Posted on 17 December, 2017 at 19:30

One big point of difference is that each funeral cover NZ insurer has different age entry points and sum insured options. For example with Cigna Funeral Insurance they provide cover for those aged 50 to 85 and sum insureds from $5000 to $30000. Pinnacles funeral plan NZ has cover from $7500 to $25000 and you must be aged 30 to 75 to buy cover. AA Funeral cover is available for those aged 50 to 79 and have covers from $5000 to $30000.

Each insurer has distinctly different premium structures so the premiums between these three options can differ significantly. With Pinnacle funeral cover the premiums cease at age 85 and after that time the cover continues for free. AA Funeral cover has something similar but their age cut off is 90. Cigna have no age cut off. Cigna Funeral cover currently comes with a 10% promotional discount for the first 12 months and Pinnacle have a similar promotional 10% discount but its continues for 24 months.

All these options have the same stand-down periods and timeframes for claims settlements. Generally their covers are similar other the above. All can all be counted on as reliable insurers who can be trusted to pay your claim appropriately at the right time.

For a full policy benefit comparison you can complete our online enquiry form, we send this easy to read two page chart together with a selection of comparative funeral insurance premiums promptly to your email.

Paul Woollams, Funeral insurance Helpline