⭐ In-Depth Review | Updated March 2026

Momentum Life Review

Momentum Life is a direct-to-consumer NZ life insurance company offering funeral and life insurance with no medical tests required. We've aggregated ratings from Google, Feefo, and editorial sources to give you the full picture.

Last reviewed: 4 March 2026 • Sources: Google, Feefo, Reader's Digest
4.0/5
Poor Average Excellent
620+
total reviews
"Applied online in about ten minutes. No medical exam needed and the policy was confirmed the same day."
Google, 2025 ★★★★★
"My mother's funeral claim was paid within five working days. Made a difficult time much easier for the family."
Feefo, 2025 ★★★★★
"Good value for funeral cover but premiums do increase as you get older. Worth checking the schedule before signing up."
Google, 2024 ★★★☆☆
"Liked that I could get family funeral cover for my partner and me under one policy. Simple monthly payments."
Feefo, 2025 ★★★★★
"Hannover Re backing gives me confidence. Premiums are reasonable for the level of cover provided."
Google, 2025 ★★★★☆
"Straightforward sign-up process. Only concern is the stand-down period for pre-existing conditions in the first two years."
Google, 2024 ★★★☆☆
76%
Positive
14%
Mixed
10%
Negative

In This Review

Company Overview Ratings Breakdown Customer Review Highlights Products Offered Pricing Deep-Dive Pros & Cons How Momentum Life Compares Alternatives to Momentum Life Who Is Momentum Life Best For? Our Verdict Frequently Asked Questions Our Methodology

Company Overview

What is Momentum Life and who's behind it?

Momentum Life is a licensed New Zealand life insurance company founded in 2018 and headquartered in Auckland. The company operates a direct-to-consumer model, selling policies online and over the phone without intermediaries or brokers.

Momentum Life is backed by Hannover Re, one of the world's largest reinsurance groups. This partnership provides financial strength and underwriting expertise behind Momentum Life's products. The company has received multiple industry awards, including recognition from Reader's Digest and Feefo for customer service.

Based in Auckland, Momentum Life currently offers:

Momentum Life's approach centres on simplicity and accessibility. Applications are completed online or by phone, with no medical examinations required. Policies are billed monthly. For more on the company, visit momentumlife.co.nz.

Ratings Breakdown

How customers rate Momentum Life across major review platforms

Google Reviews
4.1
★★★★☆
180+ reviews
Feefo
4.2
★★★★☆
440+ reviews
Trustpilot
2.8
★★★☆☆
12 reviews
Very small sample size
Reader's Digest
Award Winner
★★★★★
Quality Service Award

Note on Trustpilot: Momentum Life's Trustpilot rating (2.8) is based on just 12 reviews, making it statistically unreliable. Their Google and Feefo ratings, based on 620+ combined reviews, provide a more accurate picture of customer satisfaction. We weight ratings by review volume in our overall assessment. We do our best to keep all data up to date and accurate. If you've noticed something incorrect, please let us know.

What Customers Are Saying

Common themes from 620+ verified reviews across Google and Feefo

Applied online in about ten minutes. No medical exam needed and the policy was confirmed the same day. Very straightforward process.

Google Review, 2025 ★★★★★

My mother passed away and the funeral claim was paid within five working days. Made a very difficult time much easier for the whole family.

Feefo, 2025 ★★★★★

Good value for funeral cover but premiums do increase as you age. Worth checking the premium schedule before signing up so there are no surprises.

Google Review, 2024 ★★★☆☆

Liked that I could get family funeral cover for my partner and me under one policy. Simple monthly payments that are easy to budget for.

Feefo, 2025 ★★★★★

The life insurance application was easy. No blood tests or doctor visits required. Cover started right away for accidental death.

Google Review, 2025 ★★★★☆

Been with Momentum Life for three years now. Premiums have gone up slightly but customer service has been very responsive whenever I've called.

Feefo, 2025 ★★★★☆
82%
Praise easy sign-up
79%
Rate claims positively
68%
Find pricing fair
74%
Rate overall positive

Reviews are paraphrased summaries of verified customer feedback. Theme percentages are based on our analysis of the most recent 300 Google and Feefo reviews as of March 2026.

Products Offered

What you can (and can't) cover with Momentum Life

⚱️ Funeral Insurance
Available

Lump-sum funeral cover from $3,000 to $30,000 designed to help families cover funeral costs and related expenses. No medical tests required. Individual and family cover options available.

Cover from $3,000 to $30,000
No medical tests or exams
Individual & family cover
Accidental death covered immediately
Monthly premiums
Ages 40 to 75 at application
🛡️ Life Insurance
Available

Lump-sum life insurance cover up to $1,000,000. Includes terminal illness benefit at no extra cost. Designed for Kiwis who want straightforward life cover without complex underwriting.

Cover up to $1,000,000
Terminal illness benefit included
No medical exams required
Accidental death covered immediately
Monthly premiums
Ages 18 to 65 at application
🏥 Income Protection
Not Offered

Momentum Life does not currently offer income protection insurance. If you need cover for lost income due to illness or injury, other providers may be worth exploring.

❤️ Health Insurance
Not Offered

Momentum Life does not offer health insurance. For medical and surgical cover, other NZ providers may be worth considering.

Pros & Cons

The good and the not-so-good based on customer reviews and our analysis

👍 Pros

  • No medical tests or exams required for any product
  • Quick application process - typically completed in under 15 minutes
  • Backed by Hannover Re, one of the world's largest reinsurance groups
  • Funeral cover includes family policy option for couples
  • Direct-to-consumer model with no intermediary fees
  • Multiple industry awards from Reader's Digest and Feefo
  • Life insurance includes terminal illness benefit at no extra cost

👎 Cons

  • Premiums increase with age over time
  • Stand-down period for pre-existing conditions (typically 24 months)
  • Limited product range - only funeral and life insurance currently
  • No income protection, health, or trauma cover available
  • Funeral cover capped at $30,000 (may not be sufficient for all needs)
  • No in-person branches or face-to-face service
  • Premiums are not guaranteed and may be reviewed by the insurer

Pricing Deep-Dive

How much does Momentum Life insurance actually cost? Indicative examples based on publicly available information

Momentum Life's premiums vary based on your age, gender, smoking status, and the level of cover selected. Based on publicly available information and customer reports, here are indicative monthly premiums for common profiles:

👩

Funeral Cover - Age 40

Non-smoker, female
$15,000 funeral cover
Individual policy
$14-22
/month
vs. ~$18-28 at other providers
Potentially saving ~$4-6/month
👨

Funeral Cover - Age 60

Non-smoker, male
$15,000 funeral cover
Individual policy
$35-55
/month
vs. ~$45-65 at other providers
Potentially saving ~$5-15/month
👨‍👩‍👧

Life Cover - Age 35

Non-smoker, male
$250,000 life cover
Terminal illness benefit included
$25-40
/month
vs. ~$30-50 at traditional insurers
Potentially saving ~$5-10/month

Disclaimer: These are indicative estimates based on publicly available information and customer reports, not official Momentum Life quotes. Your actual premium will vary based on your age, health status, smoking status, and cover amount. Get an accurate quote at momentumlife.co.nz. We do our best to keep all data up to date and accurate. If you've noticed something incorrect, please let us know.

What Affects Your Momentum Life Premium?

🎂

Age

Age is the single biggest factor. Premiums increase significantly as you get older, particularly for funeral insurance taken out after age 60.

🚬

Smoking Status

Smokers typically pay substantially higher premiums than non-smokers due to increased health risks.

💰

Cover Amount

Higher cover amounts result in higher premiums. Funeral cover ranges from $3,000 to $30,000; life cover goes up to $1,000,000.

👤

Gender

Premiums may differ between males and females based on actuarial life expectancy data.

📋

Health History

While no medical tests are required, health declaration answers may affect eligibility or trigger a stand-down period for certain conditions.

👥

Policy Type

Family funeral cover policies for couples may offer better per-person value than two separate individual policies.

How Momentum Life Compares

Momentum Life vs. other popular NZ life and funeral insurance providers

Feature Momentum Life Pinnacle Life NZ Seniors OneChoice Chubb
Overall Rating 4.0/5 620+ reviews 4.2/5 3.5/5 3.8/5 4.1/5
Funeral Insurance Up to $30k Up to $30k Up to $25k Up to $30k Not offered
Life Insurance Up to $1M Up to $1M Not offered Available Available
Medical Tests None None None May require May require
Terminal Illness Benefit Included Included Not included Included Included
Family Cover Available Available Available Not available Not available
Online Application Yes Yes Yes Yes Phone/Broker
Reinsurer Backing Hannover Re Hannover Re Undisclosed Undisclosed Chubb Global
Price Range $$ $$ $$$ $$$ $$$

Disclaimer: Ratings are aggregated from Google, Feefo, Trustpilot, and editorial sources where available. Pricing is indicative based on market comparisons and customer reports. Product details may change - always verify directly with the provider. We do our best to keep all data up to date and accurate. If you've noticed something incorrect, please let us know.

Alternatives to Momentum Life

Other NZ providers worth considering, especially if Momentum Life doesn't fit your needs

Pinnacle Life

A direct-to-consumer NZ life insurer offering funeral, life, and income protection insurance online. Backed by Hannover Re reinsurance. A close competitor to Momentum Life with a similar no-medical-tests approach and a broader product range including income protection.

Funeral, life & income protection
No medical tests required
Online application
Hannover Re reinsurance backing
NZ Seniors

Specialises in funeral insurance for older New Zealanders. Known for simple application processes and targeted marketing to the over-50s market. Does not offer life insurance.

Funeral cover up to $25,000
Targeted at over-50s
No medical exams
Family cover options
AA Insurance / Asteron Life

AA Insurance partners with Asteron Life (now part of Resolution Life NZ) to offer life insurance products. Strong brand recognition and nationwide branch network. Suited to those who want face-to-face service and the AA Membership ecosystem.

Life & funeral insurance
AA Membership benefits
Branch network nationwide
Comprehensive product range
Chubb Life Insurance

Global insurance giant Chubb offers life and accident insurance in NZ. Known for strong financial backing and comprehensive cover. May suit those who prefer a globally established brand.

Life & accident cover
Global financial strength
Terminal illness benefit
Comprehensive cover options
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Who Is Momentum Life Best For?

Momentum Life may suit some customers well, but not everyone

⚱️

Funeral Planning

For those looking to arrange funeral cover without medical exams, Momentum Life's $3,000 to $30,000 funeral insurance with family cover options is commonly chosen.

💻

Online-First Customers

If you prefer applying and managing cover online or by phone without meeting an adviser, Momentum Life's direct-to-consumer model may be a good fit.

🛡️

Simple Life Cover

For Kiwis who want straightforward lump-sum life insurance up to $1M without complex underwriting, Momentum Life's approach is worth considering.

⚠️

Not Best For

Those needing income protection, health insurance, trauma cover, or those who want comprehensive financial advice from a dedicated adviser.

Our Verdict

Compare.org.nz's editorial assessment of Momentum Life

7.2
out of 10
Good

Momentum Life delivers accessible funeral and life insurance for Kiwis who value simplicity and no medical tests.

Momentum Life has built a solid reputation since launching in 2018, earning a 4.0/5 average across 620+ customer reviews. The backing of Hannover Re - one of the world's largest reinsurance groups - adds a layer of financial confidence. Multiple awards from Reader's Digest and Feefo reflect a consistent focus on customer service.

The tradeoffs are clear: you get simple funeral and life products without medical exams, but at the cost of a limited product range and age-related premium increases. The 24-month stand-down period for pre-existing conditions is standard in the industry but worth understanding before applying. For those who fit the profile, Momentum Life offers competitive rates through its direct-to-consumer model.

For Kiwis who need broader protection - income protection, health cover, or trauma insurance - a full-service provider like AIA or Partners Life may be more suitable. However, for straightforward funeral or life cover, Momentum Life is a competitive option worth exploring.

Pricing
7.8
Ease of Use
8.5
Claims Process
7.6
Cover Options
5.8
Product Range
4.5
Customer Service
7.5

Frequently Asked Questions

Common questions about Momentum Life

Yes. Momentum Life is a licensed New Zealand life insurance company that has been operating since 2018. They are backed by Hannover Re, one of the world's largest reinsurance groups, and hold 620+ reviews across Google and Feefo with a 4.0/5 average rating. They have also received industry awards from Reader's Digest and Feefo.
Momentum Life offers two main products: funeral insurance (lump-sum cover from $3,000 to $30,000) and life insurance (lump-sum cover up to $1,000,000 with a terminal illness benefit included). They do not offer income protection, health, or trauma insurance.
No. Momentum Life does not require medical tests or exams for either funeral or life insurance. Applications are completed through a simple health declaration. However, a stand-down period (typically 24 months) may apply for pre-existing health conditions.
Premiums vary based on your age, gender, smoking status, and cover amount. As a rough guide, a 40-year-old non-smoker might pay around $14 to $22 per month for $15,000 of funeral cover. Premiums increase with age. Get an accurate quote at momentumlife.co.nz.
Momentum Life applies a stand-down period (typically 24 months) during which claims related to pre-existing health conditions may not be covered. Accidental death is covered from day one. After the stand-down period, full cover applies. This is a standard practice across most NZ life and funeral insurance providers.
Hannover Re is one of the world's largest reinsurance groups, headquartered in Germany. They provide the underwriting and reinsurance backing for Momentum Life's products, which adds financial security for policyholders. Hannover Re operates in over 150 countries.

Our Review Methodology

How we research and rate insurance companies

Data Sources

This review is based on data collected from the following sources, last verified in March 2026:

How We Calculate Scores

Our editorial scores (out of 10) are calculated using a weighted methodology that considers:

  • Customer ratings (40%): aggregated scores from review platforms, weighted by review volume. Platforms with fewer than 50 reviews are given reduced weighting.
  • Product features (25%): range of cover options, benefit inclusions, policy terms, and flexibility compared to market average.
  • Pricing competitiveness (20%): based on reported customer experiences, market positioning, and our indicative premium comparisons.
  • Claims experience (15%): customer-reported claims satisfaction, average settlement times, and IFSO complaint records.

Disclaimer: Nothing on this page constitutes financial advice. Scores are editorial opinion based on publicly available data. Always verify details directly with the insurer and consider seeking professional advice for your specific situation. We do our best to keep all data up to date and accurate. If you've noticed something incorrect, please let us know.

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