Indexation + inflation adjustment

Funeral costs rise over decades; a fixed sum-insured at signup may not cover the funeral at claim time. Some NZ insurers CPI-index the sum-insured; others leave it fixed. This page documents each insurer's indexation approach verbatim.

Showing 5 of 9 indexed products with on-file cover language for this topic. 4 pending wording ingest — NZ funeral cover is predominantly adviser-distributed or quote-form-only.

Snapshot 2026-05-21T09:04:01.390Z. Machine-readable: facts.json · summary.md

Chubb Life Funeral Cover

Chubb Life LifeOne Funeral Cover

Wording v2026-05-21 · confidence: inferred

No indexation rules stated in the policy text; sum insured is fixed as shown on the policy schedule.

Structured facts → Full wording → Source PDF →

Fidelity Life Funeral Cover

Fidelity Life Funeral Cover (LifeProtect rider)

Wording v2025-04-30 · confidence: low

If CPI Increases are included in this cover, the policy schedule will state it. The last increase under CPI Increases for the insured person under Life Cover will be applied on the earliest of: the policy anniversary after their 65th birthday, or the total sum insured for all life type covers for the insured person with us and any other insurer, reaching $10,000,000.

Structured facts → Full wording → Source PDF →

NZ Seniors Funeral Insurance

NZ Seniors Funeral Insurance

Wording v2026-05-18 · confidence: verified

No CPI indexation described. Benefit Amount stays fixed as chosen, except that from the Life Insured's 85th birthday a 25% Bonus Cover is automatically added to the Funeral Insurance Benefit Amount in force immediately prior to their 85th birthday at no additional premium.

Structured facts → Full wording → Source PDF →

OneChoice Funeral Insurance

OneChoice Funeral Insurance

Wording v2021-05-23 · confidence: verified

No CPI indexation mentioned. Benefit Amount is fixed as chosen, except that from age 85 a 25% Bonus Cover is automatically added to the Funeral Insurance Benefit Amount in force immediately prior to the Life Insured's 85th birthday, at no additional premium.

Structured facts → Full wording → Source PDF →
4 products with no on-file value for this topic
  • AIA Funeral Cover — AIA Living Funeral Cover
  • Momentum Life Funeral Insurance — Momentum Life Funeral Insurance
  • Partners Life Funeral Cover — Partners Life Funeral Cover (YouChoose rider)
  • Pinnacle Life — Pinnacle Life Funeral Cover