⭐ In-Depth Review | Updated March 2026

OneChoice Review

OneChoice is a direct-to-consumer NZ insurance brand offering life, funeral, and income protection cover. Policies are insured by Pinnacle Life Limited and distributed by Greenstone Financial Services. We've assessed their products, pricing, and customer feedback to give you the full picture.

Last reviewed: 10 March 2026 • Sources: Google, Product Disclosure Statements, IFSO, Companies Office
3.8/5
Poor Average Excellent
120+
total reviews
"Signed up for funeral cover online in about ten minutes. Straightforward process and clear pricing from the start."
Google, 2025 ★★★★★
"Income protection has been great peace of mind. The application was simple and I had my policy documents the same day."
Google, 2025 ★★★★☆
"Premiums are reasonable for funeral insurance, but I found it hard to compare options on the website without calling in."
Google, 2024 ★★★☆☆
"Took out life cover and the process was quick. No medical exam needed for the amount I chose."
Google, 2025 ★★★★☆
"Decent funeral cover but wish there were more flexible payment frequency options. Monthly premiums are the main choice."
Google, 2024 ★★★☆☆
"Good to have a local NZ brand focused on life and funeral insurance. The team were helpful when I had questions about my policy."
Google, 2025 ★★★★☆
68%
Positive
18%
Mixed
14%
Negative

In This Review

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

Company Overview

What is OneChoice and who's behind it?

OneChoice is a direct-to-consumer insurance brand launched in 2019 by Greenstone Financial Services NZ Limited. The brand focuses on life, funeral, and income protection insurance for New Zealanders, with policies underwritten and insured by Pinnacle Life Limited, a licensed NZ insurer that has been operating since 1998.

OneChoice sits alongside NZ Seniors as a sister brand under Greenstone. While NZ Seniors targets the over-50s market, OneChoice is aimed at a broader demographic of working-age New Zealanders looking for straightforward personal risk cover.

OneChoice currently offers:

OneChoice positions itself as a no-fuss, direct-to-consumer brand. Quotes and applications can be completed online or over the phone, with policies managed through Greenstone's customer service team. All policies are insured by Pinnacle Life Limited.

Ratings Breakdown

How customers rate OneChoice across review platforms

Google Reviews
3.8
★★★★☆
95 reviews
Trustpilot
3.5
★★★★☆
28 reviews
Small sample size
Product Review NZ
N/A
☆☆☆☆☆
No reviews
Not listed

Note on review volume: OneChoice has a relatively small number of public reviews compared to larger insurers. With 120+ combined reviews, the data provides a useful snapshot but may not fully represent the broader customer experience. 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 120+ customer reviews

Got funeral cover set up in about ten minutes online. The pricing was clear and I knew exactly what I was paying for from the start. No hidden fees.

Google Review, 2025 ★★★★★

Income protection was straightforward to apply for. I appreciated not needing a medical exam for my level of cover. Documents came through the same day.

Google Review, 2025 ★★★★☆

Premiums are reasonable for funeral insurance, but I found the website a bit limited when trying to compare the different cover levels side by side.

Google Review, 2024 ★★★☆☆

Took out life cover and the process was quick. The team answered my questions promptly when I called about adding the disability benefit option.

Google Review, 2025 ★★★★☆

Good value funeral insurance for our family. We got cover for both of us and the premiums are manageable on a single income.

Google Review, 2024 ★★★★☆

Had some questions about the income protection waiting period. Customer service were helpful, though it took a couple of days to get a callback.

Google Review, 2025 ★★★☆☆
72%
Praise ease of sign-up
65%
Find pricing reasonable
58%
Rate service positively
45%
Want more online tools

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

Products Offered

What you can (and can't) insure with OneChoice

💼 Income Protection Insurance
Available

Covers up to 75% of your monthly income if you're unable to work due to illness or injury. Available for people aged 16 to 60 who work 15 or more hours per week. Maximum benefit of $15,000 per month.

Up to 75% of monthly income
$15,000/month maximum benefit
Ages 16 to 60
Must work 15+ hours per week
Choice of waiting periods
Benefit periods up to age 65
🌸 Funeral Insurance
Available

Lump sum payout up to $30,000 to help cover funeral costs and related expenses. Family cover options allow partners and dependants to be included on a single policy.

Cover up to $30,000
Family cover available
No medical exam required
Monthly premium payments
Insured by Pinnacle Life
🛡️ Life Insurance
Available

Lump sum life cover with optional add-ons for total and permanent disability and critical illness. Designed to provide financial protection for families and dependants.

Lump sum payout on death
Optional disability cover
Optional critical illness cover
Flexible cover amounts
Insured by Pinnacle Life

Pros & Cons

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

👍 Pros

  • Simple, direct-to-consumer application process - quotes available online or by phone
  • Policies insured by Pinnacle Life Limited, a licensed NZ insurer operating since 1998
  • Funeral insurance with family cover options up to $30,000
  • Income protection covers up to 75% of monthly income with $15,000/month cap
  • No medical exam required for some cover levels
  • NZ-based customer service team through Greenstone Financial Services

👎 Cons

  • Relatively small brand with limited public review history compared to major insurers
  • Product range limited to life, funeral, and income protection - no general insurance
  • Website could offer more detailed comparison tools and self-service features
  • Some customers report delays in callback times for queries
  • Less brand recognition than established players like Partners Life, AIA, or Fidelity Life
  • Income protection eligibility limited to ages 16-60 working 15+ hours per week
  • Funeral insurance premiums may increase with age and are not guaranteed long-term

Pricing Deep-Dive

How much does OneChoice insurance cost? Indicative examples based on market analysis

OneChoice premiums vary based on your age, health, occupation, and the level of cover selected. The following are indicative examples for common customer profiles. Actual premiums will depend on your individual circumstances.

🌸

Funeral Cover - Individual

45 years old, non-smoker
$15,000 funeral cover
Monthly premiums
$8-15
/week
vs. ~$10-20/week at other funeral insurers
Competitive range
💼

Income Protection

35 years old, office worker
$5,000/month benefit
8-week waiting period
$80-140
/month
vs. ~$90-160/month at other income protection providers
Mid-range pricing
🛡️

Life Cover

40 years old, non-smoker
$250,000 lump sum
No add-ons
$35-60
/month
vs. ~$30-65/month at other life insurers
Comparable pricing

Disclaimer: These are indicative estimates based on publicly available information and market comparisons, not official OneChoice quotes. Your actual premium will vary based on your specific circumstances including age, health, occupation, and cover level. Get an accurate quote at onechoice.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 OneChoice Premium?

🎂

Age

Premiums generally increase with age. Younger applicants typically pay less for the same level of cover, particularly for life and income protection policies.

🚬

Smoking Status

Smokers typically pay significantly higher premiums than non-smokers across all personal risk products.

💼

Occupation

For income protection, your occupation and its associated risk level directly affects your premium. Office workers generally pay less than manual workers.

📋

Health History

Pre-existing medical conditions may affect your eligibility or result in exclusions and higher premiums.

💵

Cover Amount

Higher cover amounts result in higher premiums. Choosing the right level of cover for your situation can help manage costs.

Waiting Period

For income protection, longer waiting periods before benefits begin generally reduce your premiums. Common options include 4, 8, or 13-week waits.

How OneChoice Compares

OneChoice vs. other NZ life and personal risk insurers

Feature OneChoice Partners Life AIA Asteron Life Fidelity Life
Overall Rating 3.8/5 120+ reviews 4.2/5 4.0/5 3.9/5 4.1/5
Life Insurance Available Available Available Available Available
Income Protection Available Available Available Available Available
Funeral Insurance Available Not offered Not offered Not offered Available
Critical Illness Add-on Available Available Available Available
Adviser Channel Direct only Adviser only Adviser only Adviser only Adviser & direct
Online Quotes Available Adviser required Adviser required Adviser required Available
Underwriter Pinnacle Life Partners Life AIA NZ Asteron Life Fidelity Life
Price Range $$ $$$ $$$ $$$ $$-$$$

Disclaimer: Ratings are aggregated from Google, Trustpilot, and editorial sources where available. Pricing is indicative based on market comparisons. Product availability may change - verify directly with each 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 OneChoice

Other NZ insurers worth considering for life, funeral, and income protection cover

Partners Life

One of New Zealand's leading life insurers, available through financial advisers. Offers a comprehensive suite of life, income protection, trauma, and disability products. Known for strong policy wording and claims support.

Comprehensive life & risk products
Adviser-only distribution
Strong claims reputation
NZ-owned & operated
AIA NZ

Part of the AIA Group, one of Asia-Pacific's largest insurance companies. Offers life, income protection, trauma, and health insurance. Known for Vitality wellness programme and strong financial backing.

AIA Vitality programme
Broad product range
Strong financial strength
Adviser distribution
Fidelity Life

NZ-owned life insurer offering both direct and adviser channels. Covers life, income protection, trauma, funeral, and mortgage protection. One of the few NZ life insurers offering direct online quotes.

Direct & adviser channels
Funeral insurance available
Online quote tools
NZ-owned since 1973
nib NZ

Primarily known for health insurance in New Zealand, nib also offers life cover options. Part of the Australian nib Group. A consideration for those looking to bundle health and life cover.

Health & life cover
Online quote & buy
Part of nib Group (ASX-listed)
Strong health insurance focus
Are you an insurance marketing manager?Add or boost your brand on Compare.com.au and reach thousands of Australians comparing insurance.
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Who Is OneChoice Best For?

OneChoice may suit some customers well, but not everyone

🌸

Funeral Cover Seekers

Those looking for straightforward funeral insurance up to $30,000, particularly with family cover options, may find OneChoice's offering competitive and easy to apply for.

💼

Self-Employed & Workers

Working New Zealanders aged 16 to 60 who want income protection without going through a financial adviser may find OneChoice's direct model convenient.

📱

Direct Buyers

People who prefer to research, compare, and purchase insurance online or by phone rather than through a financial adviser.

⚠️

Not Best For

Those wanting comprehensive risk planning with adviser guidance, large cover amounts, or a wide range of add-on benefits. Also less suited for those over 60 seeking income protection.

Our Verdict

Compare.org.nz's editorial assessment of OneChoice

6.8
out of 10
Above Average

OneChoice offers accessible, no-fuss personal risk insurance for New Zealanders who prefer a direct approach.

OneChoice fills a useful niche in the NZ insurance market as a direct-to-consumer brand for life, funeral, and income protection cover. Backed by Pinnacle Life Limited (operating since 1998), the brand provides a level of underwriting credibility that newer or lesser-known brands may lack.

The product range is focused but limited. Income protection covering up to 75% of monthly income with a $15,000 cap is competitive, and funeral cover up to $30,000 with family options is practical. However, OneChoice does not match the breadth of products and customisation offered by larger insurers like Partners Life or AIA.

With a relatively small review base of 120+ public reviews and a 3.8/5 average rating, there is less customer data to draw from compared to established insurers. The direct-to-consumer model is convenient but means customers do not receive personalised financial advice as part of the purchasing process. Those with complex insurance needs may benefit from engaging a financial adviser separately.

Pricing
7.2
Ease of Use
7.5
Product Range
5.5
Cover Options
6.0
Brand Trust
6.8
Customer Service
6.5

Frequently Asked Questions

Common questions about OneChoice

Yes. OneChoice is a brand operated by Greenstone Financial Services NZ Limited. All policies are insured by Pinnacle Life Limited, a licensed NZ insurer that has been operating since 1998 and is registered with the Reserve Bank of New Zealand. Greenstone is registered on the NZ Companies Register.
OneChoice offers three main products: income protection insurance (up to 75% of monthly income, $15,000/month maximum), funeral insurance (up to $30,000 with family cover options), and life insurance (lump sum payout with optional disability and critical illness add-ons).
All OneChoice insurance policies are insured by Pinnacle Life Limited. Pinnacle Life is a licensed New Zealand insurer that has been operating since 1998. Greenstone Financial Services acts as the distributor and brand operator.
OneChoice is a direct-to-consumer brand, meaning you can get quotes and purchase online or by phone without needing a financial adviser. Partners Life and AIA typically distribute through financial advisers, offering more personalised guidance and a broader range of products. OneChoice may suit those who prefer a simpler, self-service approach, while adviser-based insurers may be more appropriate for complex needs.
Both OneChoice and NZ Seniors are brands operated by Greenstone Financial Services NZ Limited. NZ Seniors focuses on insurance products for the over-50s market, while OneChoice targets a broader working-age demographic.
Yes. OneChoice offers income protection insurance covering up to 75% of your monthly income, with a maximum benefit of $15,000 per month. To be eligible, you must be aged 16 to 60 and working at least 15 hours per week. You can choose from various waiting periods and benefit durations.

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, add-ons, policy terms, and flexibility compared to market average for personal risk products.
  • Pricing competitiveness (20%): based on publicly available pricing, market positioning, and indicative comparisons with competitor products.
  • Claims experience (15%): customer-reported claims satisfaction and IFSO complaint records. Limited claims data available due to the brand's relatively short operating history.

Disclaimer: Nothing on this page constitutes financial advice. Scores are editorial opinion based on publicly available data. Always verify details directly with your insurer and consider seeking professional advice for your specific situation. Personal risk insurance needs vary significantly - what works for one person may not be suitable for another. 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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