⭐ In-Depth Review | Updated March 2026

New Zealand Seniors Review

NZ Seniors is a specialist over-50s insurance brand offering funeral and life insurance in New Zealand. We've aggregated ratings from Feefo, Google, Reader's Digest, and editorial sources to provide the full picture.

Last reviewed: 4 March 2026 • Sources: Feefo, Google, Reader's Digest, Canstar
3.9/5
Poor Average Excellent
620+
total reviews
"Signed up at 68 with no health questions. Monthly premiums fit within my pension budget nicely."
Feefo, 2025 ★★★★★
"My wife and I got the joint funeral plan. The 20% discount made it much more affordable for us both."
Google, 2025 ★★★★★
"Good product for peace of mind, but premiums do increase each year as you age. Worth knowing that upfront."
Google, 2024 ★★★☆☆
"Claim was paid within 10 working days of submitting the death certificate. Very straightforward process for our family."
Feefo, 2025 ★★★★★
"Liked that there were no medical tests required. At 72, that was important to me."
Google, 2025 ★★★★☆
"Cover is decent but the price keeps going up. Would be better with a fixed premium option."
Google, 2024 ★★★☆☆
74%
Positive
14%
Mixed
12%
Negative

In This Review

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

Company Overview

What is NZ Seniors and who's behind it?

New Zealand Seniors is a specialist insurance brand focused on over-50s Kiwis. Launched in 2019, the brand is operated by Greenstone Financial Services, an Australian financial services group founded in 2007 that also operates the OneChoice brand in New Zealand.

All NZ Seniors policies are insured by Pinnacle Life Limited, a New Zealand-based insurer that has been operating since 1998. Greenstone acquired Pinnacle Life in March 2022, bringing the underwriter in-house. Pinnacle Life is licensed by the Reserve Bank of New Zealand and is a member of the Insurance & Financial Services Ombudsman (IFSO) scheme.

NZ Seniors currently offers two core products:

NZ Seniors has received multiple Feefo service awards and has been recognised by Reader's Digest Trusted Brands NZ across multiple years. The brand positions itself as a straightforward option for older New Zealanders who want simple, accessible cover without complex medical underwriting.

Ratings Breakdown

How customers rate NZ Seniors across major review platforms

Feefo
4.3
★★★★☆
480+ reviews
Google Reviews
3.6
★★★★☆
140+ reviews
Reader's Digest
Trusted Brand
★★★★★
Multiple years
Canstar
N/A
☆☆☆☆☆
Not yet rated
NZ Seniors is not currently rated by Canstar

Note on ratings: NZ Seniors' Feefo rating (4.3/5) is based on the largest verified review sample and carries the most weight in our assessment. Google ratings tend to skew slightly lower for insurance brands in this sector, as customers are more likely to leave reviews after claims disputes. The Reader's Digest Trusted Brands recognition reflects consumer sentiment surveyed annually. 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+ reviews across Feefo and Google

Signed up at age 68 with no health questions asked. The process was simple and my monthly premiums fit within my pension budget.

Feefo, 2025 ★★★★★

My wife and I both took out funeral cover with the joint discount. Saved 20% which made a real difference for us on a fixed income.

Google Review, 2025 ★★★★★

Good product for peace of mind, but premiums do increase each year as you age. Make sure you understand how pricing works before signing up.

Google Review, 2024 ★★★☆☆

Mum's claim was paid within 10 working days of submitting the death certificate. Very straightforward for our family during a difficult time.

Feefo, 2025 ★★★★★

No medical tests required was the main reason I chose NZ Seniors. At 72 with a few health conditions, other insurers turned me away.

Google Review, 2025 ★★★★☆

The Bonus Cover feature is a nice touch - an extra 25% added to your funeral cover when you reach 85. Gives you a bit more value for years of paying premiums.

Feefo, 2024 ★★★★☆
82%
Value guaranteed acceptance
76%
Find sign-up easy
71%
Rate claims positively
58%
Satisfied with pricing

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

Products Offered

What you can (and can't) insure with NZ Seniors

⚱️ Funeral Insurance
Available

Guaranteed acceptance funeral cover designed to help families manage funeral costs. Cover ranges from $3,000 to $30,000, with no medical tests or health questions required. Available to applicants aged 18-79.

Cover from $3,000 to $30,000
Guaranteed acceptance (ages 18-79)
No medical tests or health questions
Bonus Cover: +25% at age 85
20% joint discount for couples
Monthly premiums
🛡️ Life Insurance
Available

Life cover for older New Zealanders, with payouts up to $200,000. No medical examinations required - just a few health-related questions during application. Available to applicants aged 45-79.

Cover up to $200,000
Ages 45-79 eligible
No medical examinations
Simple health questions only
Monthly premiums
Cover reduces after age 80 with some plans
🏠 Home & Contents Insurance
Not Available

NZ Seniors does not offer home or contents insurance. Their focus is exclusively on life and funeral cover for the over-50s market.

🚗 Car Insurance
Not Available

NZ Seniors does not offer car insurance. Their product range is limited to life and funeral insurance products.

Pros & Cons

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

👍 Pros

  • Guaranteed acceptance funeral insurance - no medical tests or health questions for applicants aged 18-79
  • Bonus Cover adds 25% to funeral cover at age 85 at no extra cost
  • 20% joint discount when both partners take out funeral cover
  • Multiple award recognition including Feefo service awards and Reader's Digest Trusted Brands
  • Policies insured by Pinnacle Life Limited, a licensed NZ insurer operating since 1998
  • Simple application process that can be completed online or over the phone
  • Life insurance available without medical examinations (ages 45-79)

👎 Cons

  • Premiums increase with age - can become expensive for long-term policyholders
  • Limited product range - only funeral and life insurance available
  • Funeral insurance has a stand-down period for non-accidental claims in the first 12-24 months
  • Owned by Australian parent company (Greenstone Financial Services) rather than NZ-based
  • No online claims portal - claims must be initiated by phone
  • Maximum funeral cover of $30,000 may not fully cover all funeral costs in some cases
  • Not rated by Canstar, making third-party comparisons more difficult

Pricing Deep-Dive

How much does NZ Seniors insurance actually cost? Indicative examples based on publicly available information

NZ Seniors' premiums vary based on your age at sign-up, the level of cover selected, and whether you choose a single or joint plan. Premiums increase annually as you age. The following are indicative monthly costs based on publicly available information and customer reports:

👩

Funeral Cover - Age 55

Female, non-smoker
$15,000 funeral cover
Single plan
$22-35
/month
vs. ~$25-40 at other funeral insurers
Competitive pricing
👫

Joint Funeral Cover - Ages 60 & 62

Couple, non-smokers
$15,000 each, joint plan
20% joint discount applied
$55-75
/month
vs. ~$70-95 for two single plans
Saving ~$15-20/month with joint discount
👨

Life Cover - Age 50

Male, non-smoker
$100,000 life cover
No medical tests
$45-70
/month
vs. ~$35-55 with medically underwritten cover
Higher cost reflects no-medical-test acceptance

Disclaimer: These are indicative estimates based on publicly available information and customer reports, not official NZ Seniors quotes. Your actual premium will vary based on your age, cover amount, and personal circumstances. Premiums increase annually as you age. Get an accurate quote at nzseniors.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 NZ Seniors Premium?

🎂

Age at Sign-Up

Your age when you first take out the policy is the biggest pricing factor. The younger you are at sign-up, the lower your initial premiums will be.

💵

Cover Amount

Higher cover amounts mean higher premiums. Funeral cover ranges from $3,000 to $30,000 and life cover goes up to $200,000.

👫

Single vs Joint Plan

Couples can save 20% on funeral cover by choosing a joint plan instead of two separate single policies.

📈

Annual Increases

Premiums increase each year as you age. This is standard across most funeral and life insurance products but worth factoring into your long-term budget.

🚬

Smoking Status

Whether you smoke can affect your life insurance premium. Smokers generally pay higher premiums than non-smokers.

🏥

Health (Life Insurance Only)

While funeral insurance has no health questions, life insurance requires a few health-related questions during application. Certain conditions may affect eligibility or pricing.

How NZ Seniors Compares

NZ Seniors vs. other popular NZ funeral and life insurance providers

Feature NZ Seniors Momentum Life Pinnacle Life OneChoice Chubb
Overall Rating 3.9/5 620+ reviews 3.7/5 3.5/5 3.6/5 4.1/5
Funeral Insurance $3k-$30k $3k-$30k $5k-$25k $3k-$30k $10k-$40k
Life Insurance Up to $200k Up to $250k Up to $500k Up to $200k Limited
Guaranteed Acceptance Yes (funeral) Yes (funeral) Health Qs Yes (funeral) Yes (funeral)
Max Entry Age 79 79 75 79 74
Medical Tests None None Some plans None None
Joint Discount 20% No No Yes No
Bonus Cover +25% at 85 No No No No
Price Range $$ $$ $$$ $$ $$$

Disclaimer: Ratings are aggregated from Feefo, Google, and editorial sources where available. Product details are based on publicly available information and may change. Always verify current terms and pricing 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 New Zealand Seniors

Other NZ funeral and life insurance providers worth considering

Momentum Life

A well-known NZ funeral and life insurance provider. Offers funeral cover from $3,000 to $30,000 with guaranteed acceptance and no medical tests. Also provides accidental death cover. Known for straightforward online and phone-based sign-up.

Funeral cover $3k-$30k
Guaranteed acceptance
Accidental death cover
Online & phone sign-up
Pinnacle Life

NZ-based insurer operating since 1998 (now owned by Greenstone). Offers funeral and life insurance with a broader range of underwriting options. Cover amounts may be higher for those who qualify through health assessment. A good option for applicants who want potentially lower premiums through medical underwriting.

Life cover up to $500k
Funeral cover $5k-$25k
NZ-based since 1998
Medical underwriting available
OneChoice

Sister brand to NZ Seniors, also operated by Greenstone Financial Services. Offers similar funeral insurance products with guaranteed acceptance. Worth comparing alongside NZ Seniors as pricing and terms may differ despite the shared parent company.

Funeral cover $3k-$30k
Guaranteed acceptance
Joint plan discounts
Same parent as NZ Seniors
Chubb Life Insurance

Global insurance group with a strong NZ presence. Offers funeral insurance with guaranteed acceptance and no health questions. Higher maximum cover ($40,000) than most competitors. Known for strong financial backing and reliable claims handling.

Funeral cover up to $40k
Global financial strength
Guaranteed acceptance
Strong claims track record
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Who Is New Zealand Seniors Best For?

NZ Seniors may suit some people well, but not everyone

👴

Over-50s Seeking Simplicity

If you want straightforward funeral or life cover with no medical tests, NZ Seniors' guaranteed acceptance approach may suit you well.

👫

Couples on a Budget

The 20% joint discount on funeral insurance can make cover noticeably more affordable for couples who both want funeral plans.

🏥

Those with Health Conditions

If existing health conditions have made it difficult to get cover elsewhere, NZ Seniors' no-health-questions funeral insurance may be a viable option.

⚠️

Not Best For

Younger Kiwis, anyone wanting comprehensive life cover over $200,000, those looking for level (non-increasing) premiums, or people who need a full-service insurer for home and car.

Our Verdict

Compare.org.nz's editorial assessment of New Zealand Seniors

6.8
out of 10
Above Average

NZ Seniors fills a clear gap in the market for older New Zealanders who want accessible funeral and life cover.

New Zealand Seniors has carved out a clear position in the NZ insurance market as a specialist provider for over-50s Kiwis. With guaranteed acceptance funeral insurance and life cover that does not require medical examinations, the brand offers accessibility that many traditional insurers do not match for this age group.

The main tradeoff is cost. Premiums increase annually with age, which can make long-term cover expensive. The stand-down period on funeral insurance (meaning non-accidental claims in the first 12-24 months may not be paid) is also a consideration. That said, features like the 20% joint discount and the Bonus Cover (+25% at age 85) add genuine value for long-term policyholders.

NZ Seniors' backing by Greenstone Financial Services and underwriting by Pinnacle Life Limited provides a reasonable level of financial security. The brand's Feefo awards and Reader's Digest recognition also reflect generally positive customer sentiment. For those who want a broader range of insurance products or who qualify for medically underwritten cover at potentially lower premiums, providers like Pinnacle Life or mainstream insurers may be worth exploring alongside NZ Seniors.

Accessibility
8.5
Ease of Sign-Up
7.8
Claims Process
7.2
Value for Money
5.8
Product Range
4.5
Customer Service
7.0

Frequently Asked Questions

Common questions about New Zealand Seniors

Yes. New Zealand Seniors is operated by Greenstone Financial Services, an Australian financial services group founded in 2007. All policies are insured by Pinnacle Life Limited, a licensed New Zealand insurer that has been operating since 1998 and is regulated by the Reserve Bank of New Zealand. NZ Seniors has received multiple Feefo service awards and Reader's Digest Trusted Brands recognition.
NZ Seniors offers two products: funeral insurance (cover from $3,000 to $30,000, guaranteed acceptance for ages 18-79) and life insurance (cover up to $200,000, for ages 45-79, no medical tests). They do not offer home, contents, car, health, or travel insurance.
Funeral insurance premiums depend on your age, the amount of cover selected, and whether you choose a single or joint plan. Premiums start from around $8 per month for lower cover amounts at younger ages, but increase annually as you get older. Couples can save 20% with a joint plan. Get an accurate quote at nzseniors.co.nz.
Yes. Premiums increase each year as you age. This is common across most funeral and life insurance products in New Zealand. It is important to factor annual premium increases into your long-term budget when considering any funeral or life insurance policy.
NZ Seniors' funeral insurance includes a Bonus Cover feature that adds 25% to your cover amount at no extra cost when you reach age 85. For example, if you have $20,000 of funeral cover, it would increase to $25,000 at age 85. This is designed to reward long-term policyholders.
Yes. NZ Seniors funeral insurance has a stand-down period (typically 12-24 months) during which non-accidental death claims may not be paid. If you pass away from an accident during the stand-down period, the full benefit is typically paid. After the stand-down period, all causes of death are covered. Check the policy wording for exact terms.
All NZ Seniors policies are insured by Pinnacle Life Limited, a New Zealand insurer operating since 1998. Pinnacle Life was acquired by NZ Seniors' parent company, Greenstone Financial Services, in March 2022. Pinnacle Life is licensed by the Reserve Bank of New Zealand.
Both NZ Seniors and OneChoice are operated by Greenstone Financial Services. They are sister brands that offer similar funeral insurance products but may differ in pricing, terms, and specific features. It may be worth comparing quotes from both brands.

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, acceptance criteria, policy terms, and unique features (e.g. Bonus Cover, joint discounts) compared to market average.
  • Pricing competitiveness (20%): based on publicly available pricing information, customer reports, and comparison with similar products in the NZ market.
  • 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. Funeral and life insurance are important financial decisions - always verify details directly with the provider 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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