AA Life vs Fidelity Life
Funeral cover compared — structure, underwriting and waiting periods, side by side.
AA Life offers a standalone funeral policy, bought direct and guaranteed-acceptance (no health questions). Fidelity Life offers a funeral benefit on a wider life-cover policy, bought through an adviser and underwritten (health questions apply). Neither is universally cheaper — funeral cover is individually underwritten, so the right choice depends on your age, health and a real quote from each.
| Provider | Product type | How to buy | Underwriting | Waiting period | Max entry age |
|---|---|---|---|---|---|
 AA Life | Standalone funeral cover | Direct | Guaranteed acceptance | 24-month natural-cause waiting period (per Nov 2024 wording); accidental from day one | Premiums cease at policy anniversary after age 90 |
 Fidelity Life | Rider on life cover | Via adviser | Underwritten | Per LifeProtect wording (Apr 2025); accelerated benefit terms apply | Per LifeProtect entry ages |
AA Life
- Product: a standalone funeral policy
- How to buy: bought direct
- Underwriting: guaranteed-acceptance (no health questions)
- Waiting period: 24-month natural-cause waiting period (per Nov 2024 wording); accidental from day one
- Max entry age: Premiums cease at policy anniversary after age 90
- Premium options: Annual-renewable; age-based
Underwritten by Asteron Life. AA Member discount may apply.
AA Life reviewFidelity Life
- Product: a funeral benefit on a wider life-cover policy
- How to buy: bought through an adviser
- Underwriting: underwritten (health questions apply)
- Waiting period: Per LifeProtect wording (Apr 2025); accelerated benefit terms apply
- Max entry age: Per LifeProtect entry ages
- Premium options: Stepped + level options
NZ-owned. Funeral cover as a rider on LifeProtect.
Fidelity Life reviewAA Life vs Fidelity Life — FAQs
Is AA Life or Fidelity Life better for funeral cover?
Neither is "better" for everyone. AA Life is a standalone funeral policy and guaranteed-acceptance (no health questions); Fidelity Life is a funeral benefit on a wider life-cover policy and underwritten (health questions apply). The right pick depends on your age, health, the cover amount you want, and the premium each quotes you. Compare the policy wordings and get a quote from both.
What's the main difference between AA Life and Fidelity Life?
AA Life: 24-month natural-cause waiting period (per Nov 2024 wording); accidental from day one; Premiums cease at policy anniversary after age 90. Fidelity Life: Per LifeProtect wording (Apr 2025); accelerated benefit terms apply; Per LifeProtect entry ages. Underwritten by Asteron Life. AA Member discount may apply. NZ-owned. Funeral cover as a rider on LifeProtect.
Not personalised financial advice. Editorial comparison only. Premiums are individually underwritten — quote with each insurer for current rates and confirm cover details in the policy wording.