Crisis Cover.

If you suffer a specified critical illness or injury, Crisis Cover could pay out a lump sum to help you get your life back on track.

You can apply for up to $2 million of cover.

You might use these funds to pay off the mortgage, adapt your house or vehicle, or supplement the income of someone looking after you.

No additional health checks

You can choose to keep Crisis Cover in place until you’re 70 years old, no matter what shape your health is in.

You can increase your cover after a special event

No medical information is needed if you want to increase your Crisis Cover within three months of getting married, receiving a pay rise or other defined special events, if you satisfy a few conditions.

Income Cover.

Income Cover can help ensure money keeps coming in if you’re unable to work as a result of suffering a total disability due to serious illness or injury.

When you add Income Cover to your life cover, you choose to apply for a monthly benefit between $1,000 and $8,000. It just can’t be more than 55% of your gross earned income when you apply.

If you then can’t work because of a serious illness or injury, this benefit could be paid to you monthly (in arrears). There is no cover for the first 30 days of total disability. These payments continue until you’re fit to return to work or for the full benefit period of 36 months, whichever is sooner.

We’ll waive your premiums while you’re on claim.

Whilst you’re receiving the Income Cover Benefit, your Term Cover premiums will be waived (up to a maximum of $300 per month).

Redundancy or Bankruptcy Cover.

Unfortunately we’re unable to accept new applications for the Redundancy/Bankruptcy Cover Benefit. If you’re an existing policyholder, your cover is unaffected and you can refer to the information below to help you understand your cover as well as make sure it’s still right for you.

The Redundancy/Bankruptcy Cover Benefit provides extra protection if you’re a wage or salary earner and made involuntarily redundant, or if you’re self-employed and made bankrupt.

It’s linked to your Income Cover and can pay out the same monthly benefit. There is no cover for the first 30 days of redundancy or bankruptcy. It can keep paying out for up to six months. You need to have been working for at least 25 hours a week at the time of redundancy/bankruptcy in order to be eligible to claim.

Many people use this to pay for the mortgage or cover the rent. Some choose to take a stress-free family holiday, but how you spend it is up to you.


Get in touch.

For general enquiries or a quote

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Make a claim.

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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 claims payment is subject to your claim being accepted.