term life insurance

Term Life

  • Two types of cover: Stepped cover (premium adjusts with age) & Level cover (premium stays the same)
  • Cover for terminal illness
  • The option of crisis cover
  • A 30 day free look period
prime life

Prime Life

  • Guaranteed acceptance for customers aged 55-85
  • Funds usually available 48 hours after the claim is accepted
  • 15% discount for joint policies
  • Cover levels available from $5,000 to $15,000
  • Premiums fixed regardless of any future health problems
  • Immediate cover for accidental death and full cover after 24 months
  • A 30 day free look period


  • Terms and Conditions
    1. The prize draw is promoted by TSB Bank.
    2. Entry into the prize draw is deemed to be acceptance of the terms and conditions and confirmation that the entrant has the necessary authority to enter the competition.
    3. Entry into the prize draw is available between 1 February 2017 and  30 April 2017.
    4. One $3,000 travel voucher is available to be won.
    5. Every customer who receives a Prime Life or Term Life Insurance quote during the campaign period is entitled to one entry in the draw (limit one entry per customer). One additional entry is provided if the customer purchases a policy.  
    6. The prize draws take place on 12 May 2017.
    7. The prize draw is open to New Zealand residents 18 years and older.
    8. TSB Bank will take all reasonable steps to contact the winner of the draw using the contact details supplied on the quote or policy. If the winner cannot be contacted by TSB Bank within 30 days of their selection, their prize will be forfeited. 
    9. The Winner must agree to publication of their successful selection in a manner determined by TSB Bank. Should they not agree to such publication, the prize will be forfeited. 
    10. The following are ineligible for entry into the prize draw:

    a)    all TSB Bank employees including TSB Realty agents 

    b)    all Cigna employees

    c)    trustees and employees of TSB Bank Community Trust

    d)    directors of TSB Bank

    e)    spouses, partners and children of the above including children of partners or spouses

    f)    parents of TSB Bank management

    g)    auditors and employees of auditors appointed to oversee any selection process

    h)    Fisher Funds Executives

    i)     directors, Principals and employees of any company providing prizes for any Bank promotion

         11. The prize cannot be redeemed for cash.

         12. TSB Bank's decision on all matters relating to the ‘travel voucher’ prize draw shall be final and binding.