Life and income insurance

Life insurance & income protection provides cover for you and your loved ones should the unthinkable happen. But that doesn't mean you're only covered in the event of death or permanent disability. We can also provide support if you are unable to earn an income due to an accident, injury or illness.

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Get rewards and discounts for health and wellbeing choices with AIA Vitality and ASB Insurance

When you take out an eligible insurance policy with ASB you can join AIA Vitality - the science backed health and wellbeing programme that rewards your healthy choices.

  • Earn an Apple Watch Series 9 GPS, 41mm (RRP $749) in full by reaching your weekly Physical Activity targets for 24 months.*
  • Join Les Mills for free and save up to 50% on a membership (discount + cashback) & enjoy discounts from other leading brands.
  • When you join AIA Vitality you receive an initial 10% premium discount on your eligible insurance policies.

Already have life and income insurance with us? Call us on 0800 200 252 to join AIA Vitality.

*AIA Vitality is available with eligible ASB Insurance policies and has a monthly membership fee of $11.50 (including GST). Apple Watch Series 9 requires iPhone Xs or later with iOS 17 or later.

Why ASB?

Partnership with AIA

Harnessing the global expertise of AIA - our underwriter, to help you get comprehensive protection sorted.

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Personalised advice

Our team of local ASB insurance advisers help review your needs, tailoring a solution with you.

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Multi-benefit discount

Save up to 15% off your premiums when you take out multiple eligible policies.

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Our qualified insurance advisers will help you mix and match the best insurance options to suit your needs

As a trusted life and income insurance provider, we have a team of qualified insurance advisers who can provide you with guidance and advice that's specific to your needs.

Having this guidance means ASB's Lifestyle Security Plan will be tailored to your situation, with a combination of solutions to get the life insurance cover you and your loved ones need.

Life insurance

Life insurance protects your loved ones' future by providing them with a lump sum or monthly payment if you pass away. Making sure they can invest in your children's education, put food on the table and pay the bills.

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Income protection

If you can't work due to sickness or injury, you could still have a monthly payment coming in, so you can continue with your life even though you're not earning.

You can also get optional cover for redundancy.

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Trauma cover

Our critical conditions benefit can help ease the burden on your family at a difficult time. If you suffer from one of the specified conditions defined within the policy, you can access a lump-sum payment to use however you need.

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Total permanent disability

If you become seriously ill or injured and are unable to work again, total permanent disability insurance can help take the financial pressure off by providing a lump sum payment to ensure you and your family are taken care of.

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Health insurance

Health insurance covers you for a range of situations to help you easily manage unexpected medical bills. Medical conditions can be treated promptly, at a convenient time and location, and with your choice of medical provider.

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Get a tailored quote for your needs.

Get started today

Talk to one of our advisers who can help you put together a life insurance plan that will best suit you and your situation.

Get in touch through our online enquiry form and we'll call you back at a time that suits you.

Enquire now

Call us on 0800 200 252 between 8:00am - 6:30pm Monday to Friday. 8:30am - 5:00pm Saturday.

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Why do I need life and income insurance?

  • Taken on a mortgage

    If you’re unable to work due to sickness or injury an ASB life insurance policy is there to support you. We have solutions to help with home loan repayments so, if anything happens, you and your loved ones will be secure.

  • Had a baby

    Adding an extra family member to your life can be a wonderful time. It's important that you protect your little ones future if the unthinkable was to happen to you.

  • Just got married

    Life insurance protects things like your ability to earn and your health. Giving you and your loved one peace of mind for the future.

  • Started a new job

    Protect your most important asset, which is you and your ability to earn.

The availability of insurance cover is subject to your application being approved. All applications are subject to individual consideration. Special conditions, exclusions or premiums loadings may apply. An excess may apply for health insurance policies. For full details refer to the policy document which is available on request from ASB Bank Limited. This insurance is underwritten by AIA New Zealand Limited ("AIA").

ASBLife and income protection insurance