Is your cover right for you?
If you’ve already got insurance, but it’s been a while since you took it out, have a think about why you originally took out the cover - ask yourself if it’s still meeting those needs, or if those needs have changed.
We partner with Tower, our trusted provider of House, Contents, Car and specialist insurance options.
House Insurance
You need to make sure you regularly review the sum insured for your house. The sum insured is how much it would cost to rebuild your house in case of total loss. It’s up to you to confirm this amount and to keep it up to date. The sum insured isn’t the same as the market value of your house, it’s the likely cost of rebuilding it on its current site.
There are a number of ways you can calculate your sum insured: you can use the independent online Cordell Sum Sure calculator, or ask a licensed builder, quantity surveyor, architect or a registered valuer to help.
The potential cost of rebuilding your house will change depending on market conditions, so it’s something you should review each year, rather than do once and then forget about.
Contents Insurance
It’s also worth taking a look around your home and seeing if you have enough contents insurance. Depending on when you took out your cover, you may have upgraded your furniture, bought more stuff or done a Marie Kondo and gotten rid of everything that failed to spark joy.
Take stock of what you own and how much you think it would cost to replace, and then check that against how much cover you have.
Car Insurance
If your circumstances have changed since you took out your car insurance, see if the level of cover you have is still right for you. If you feel like it’s no longer quite right, you could look at either increasing or decreasing your level of cover to fit your budget. There are three options of cover for car insurance: comprehensive cover, third party, fire and theft, and just third party.
Life & Living Insurance
We offer Life & Living Insurance through our trusted life insurance partners at nib.
When reviewing your insurance consider any changes in your circumstances since you took it out or last reviewed it and what you want it to achieve to protect what's most important to you.
Apply for insurance
Get a quote and apply online, or get in touch with our insurance partners to find the right insurance for you.
Quote & buy online
If you’re applying for House, Contents, Car, Landlord or Boat Insurance you can get a quote and buy online.
Learn more at tower.co.nzTalk to a Tower insurance specialist
If you’d like to talk to someone about getting Motorbike, Motorhome, Caravan or Trailer, Lifestyle Block, Contract Works - Renovation Cover Insurance, call Tower on 0800 222 491.
Life & Living Insurance
Get in touch with our trusted life insurance partners at nib. You can arrange a call-back to discuss your options and even apply over the phone.
Talk to a nib specialistImportant information
Life & Living Insurance is provided by nib nz insurance limited. nib nz insurance limited is the only organisation responsible for claims under the cover.
nib nz insurance limited pays Kiwibank Limited for referring customers and also pays nib nz limited for the services it provides. nib nz limited provides financial advice on its own behalf, and not on behalf of nib nz insurance limited or Kiwibank Limited.
As a licensed financial advice provider, nib nz limited must comply with the Financial Advice Duties and the Code of Professional Conduct for Financial Advice Services, which includes providing you with information on its complaints process and external dispute resolution scheme, the Insurance and Financial Services Ombudsman scheme. To find out more about how nib nz limited provides financial advice and see its Financial Advice Statement visit nib.co.nz.
Important terms, conditions and exclusions are set out in the nib Life & Living Insurance Cover wording. If your cover was issued before 30 April 2022, you’ll need to refer to the relevant policy document at nib.co.nz.
View nib nz insurance limited's financial strength rating and solvency margin.
Tower’s Quote to Buy tool has been developed and is operated by Tower Limited. Once you enter the Tower Quote to Buy tool, you will be a Tower Limited customer for the purposes of General Insurance. By using this Tower tool, you agree to the Tower Limited Terms and Conditions.
Tower Limited (also known as ‘Tower’) underwrites all contracts of House, Contents, Landlord, Car, Boat, Travel and Pet Insurance cover. Tower’s Travel and Pet Insurance is issued and managed by AWP Services New Zealand Limited trading as Allianz Partners. The contracts of insurance are between you and Tower Limited. Kiwibank Limited (Kiwibank) receives a commission from the sale of insurance policies sold by Tower when referred by Kiwibank. Kiwibank, or any member of the Kiwi Group Capital Limited (including Kiwibank) group of companies, does not guarantee the obligations of, or any products issued by, Tower Limited and is not liable if Tower (or other insurer of the policy) declines to pay a claim. Any claims issues are between the insured person(s) and Tower Limited or any involved third party. Full terms, conditions and exclusions are available in the applicable policy wording. View Tower’s financial strength rating and solvency margin on their website at tower.co.nz.
Kiwibank doesn't provide financial advice for insurance and is not engaged by Tower Limited to provide any financial advice in respect of its insurance products. Terms and conditions, exclusions, limits and sub limits apply. Insurance cover is subject to Tower’s current acceptance underwriting criteria.
Kiwibank Limited holds no responsibility for the content on third party websites and make no representations as to the accuracy of the information provided on those websites.
This page provides general information and isn't intended as regulated financial advice. To review your specific situation and financial requirements please talk to one of our Kiwibank Representatives or your Financial Adviser.