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Term Cover.
It's life insurance with optional cover for critical illness or injury, or loss of income.
Get in touch.
Term Cover is no longer available for new policies. Existing customers can apply to make changes to their policies at any time.
Review and change an existing Term Cover Policy
Typically, peoples needs change following a major life milestone like getting married or separated, having children, increasing their home loan, paying off debt or a change to the household income.
Term Cover customers can review their policy cover (and to check it still meets their needs) by:
Visit us
To book a time to review your Term Cover Policy with one of our team, calls us on 0800 400 600 (option 6), Monday to Friday 7am to 8pm and Saturday to Sunday 8am to 5pm.
Call us
If you can’t come into branch for any reason, call us on 0800 177 277 weekdays 8am to 6pm and 9am to 3pm on Saturdays.
Change an existing Term Cover policy
To update your personal details (such as name, residential address), call Westpac on 0800 400 600 weekdays 7am to 8pm and 8am to 5pm weekends.
To update your policy details (such as payment details, policy mailing address), call Fidelity Life on 0800 738 641 on weekdays.
How Term Cover works.
Every Term Cover policy starts with Life Cover. Life cover (the Death/Terminal Illness Benefit) is a simple way to look after those you care about if you die or are diagnosed with a terminal illness with less than 12 months to live.
If you're eligible and depending on your needs and budget, you can also tailor your insurance by increasing an existing benefit you currently hold or adding one or both of the two optional benefits below.
Optional benefits.
Crisis Cover
Crisis Cover can help you to get life back on track if you suffer a specified critical illness or injury. It could pay a lump sum, which reduces the sum insured on your Death/Terminal Illness Benefit.
Income Cover
Income Cover could pay you a monthly benefit if you’re unable to work because of serious illness or injury.
Term Cover features.
Enjoy any policy improvements automatically
If we improve our Term Cover in a way that doesn’t increase our standard premium rates, we’ll automatically update your policy so you can enjoy the benefits too.
You can increase your cover after a special event
No medical information is needed if you want to increase your Death/Terminal Illness Benefit or optional Crisis Cover Benefit within three months of getting married, receiving a pay rise or other defined special events, if you satisfy a few conditions.
Check out the Term Cover policy wording and brochure
Find more information in the Term Cover policy document including full details on exclusions and limits on cover, and the Term Cover brochure. Please read them carefully so you fully understand the cover.
Make a life insurance claim.
Things you should know.
Westpac life insurance products are arranged by Westpac New Zealand Limited ("Westpac") and underwritten by Fidelity Life Assurance Company Limited ("Fidelity Life"). None of Westpac Banking Corporation ABN 33 007 457 141 (incorporated in Australia), Westpac, or any member of the Westpac group of companies guarantee the obligations of, or any products issued by, Fidelity Life or any member of the Fidelity Group of companies. Westpac will receive commission payments as a result of the arrangement of Fidelity Life policies. See Fidelity Life’s Solvency. See Fidelity Life’s Financial Strength Rating.
Terms, conditions, exclusions and limits apply to Term Cover. A policy document may be downloaded here as a PDF or obtained from any Westpac branch free of charge. The availability of any insurance cover is subject to the acceptance and approval of a complete application.
Any payment is subject to your claim being accepted.