Sum-insured, not full replacement
Since 2013, NZ house policies are sum-insured: you pick a dollar amount that your insurer will pay out at most, and you pay for any rebuild that costs more. Get the sum right with the house sum insured calculator.
NZ Insurance Calculators
Sum-insured estimators and cover sizing tools for the main types of NZ insurance. 14 calculators covering life, disability, health, property, vehicle and travel.
Life and disability cover
How much life, trauma, income protection or TPD cover you actually need, plus structural choices like stepped vs level.
Life Insurance Needs
How much life cover you need based on debts, dependents and income replacement.
Open calculatorIncome Protection
Monthly income protection cover sized to your salary and expenses.
Open calculatorTrauma Cover
Trauma / critical illness cover for cancer, heart attack, stroke and other serious conditions.
Open calculatorTPD Insurance
Total and permanent disability cover, separate to income protection.
Open calculatorMortgage Protection
Mortgage repayment cover so the loan is still serviced if you cannot work.
Open calculatorHealth Insurance Estimator
Indicative health insurance premium for your age, smoker status and excess.
Open calculatorStepped vs Level Premium
Compare stepped (rises with age) vs level (constant) premium structures.
Open calculatorKiwiSaver vs Life Insurance Trade-off
Trade-off between extra KiwiSaver and life cover for the same dollar.
Open calculatorProperty, vehicle and travel
Cover for the physical things you own and the trips you take.
House Sum Insured
Sum-insured for a house under NZ's post-Christchurch sum-insured policies.
Open calculatorContents Sum Insured
Sum-insured for household contents, room by room.
Open calculatorLandlord Insurance
Cover for rental properties: building, contents, loss of rent, and methamphetamine cover.
Open calculatorCar Insurance
Indicative car insurance premium based on car, driver and excess.
Open calculatorTravel Insurance
Travel cover for a single trip or annual multi-trip policy.
Open calculatorPet Insurance
Pet cover indicative cost by species, breed and age.
Open calculatorWhat to know about NZ insurance
Stepped vs level premiums
Stepped premiums start cheap and rise with age, often steeply after 50. Level premiums start higher but stay flat. Stepped is usually cheaper for younger people, level wins for long-term holders.
Income protection vs TPD vs trauma
Income protection pays a monthly amount if you cannot work. TPD pays a lump sum if you become permanently disabled. Trauma pays a lump sum on diagnosis of a serious condition. Most people only need one or two, not all three.
ACC fills part of the gap
ACC covers loss of earnings from injury, but not illness. That is why income protection and trauma cover can still be useful even with ACC. The ACC weekly compensation calculator shows what ACC alone provides.
Excess vs premium trade-off
A higher excess almost always lowers your premium. The maths usually favours a higher excess if you can comfortably absorb it once or twice in a decade.
Disclosure matters
NZ insurance contracts rely on full disclosure. Failing to mention a relevant fact, even one you didn\'t think mattered, can let an insurer decline a claim. When in doubt, disclose.