AIA Living Funeral Cover vs NZ Seniors Funeral Insurance: Exclusions
Standard exclusions across NZ funeral insurance: death by suicide in the first 12-13 months, war, criminal activity, intoxication-related death. This page lists each insurer's exclusion clause verbatim.
AIA Funeral Cover — AIA Living Funeral Cover
Wording version 2026-05-21
exclusions: • AIA will not pay any benefit under this appendix where the life assured dies or becomes terminally ill as a direct or indirect result of an intentional self-inflicted act (whether sane or insane) within 13 months of the risk commencement date or, if cover under this appendix has been reinstated, the date of reinstatement. This exclusion applies to any subsequent benefit increase you make. • AIA will not pay a Parents Grieving Benefit if death directly or indirectly arises from an injury caused by you, or the child's parents or guardian(s). • AIA will not pay the increased benefit amount if: Before the increase, the life assured qualified for payment of the Terminal Illness Benefit or the Specified Terminal Conditions Benefit; or Within six months following the increase, the life assured dies, except where accidental death under this benefit occurs; or qualifies for payment of the Terminal Illness Benefit or the Specified Terminal Conditions Benefit. • After the Special Events TPD/Trauma Facility has been exercised, AIA will not pay a benefit under the added benefit, if, at any time before the Facility was exercised, or within six months of the Facility being exercised, the life assured suffers any claim event for anything other than an accident under the benefit, or has any symptoms or signs leading to a claim event (whether or not a registered medical practitioner has been consulted) that may result in a claim for anything other than an accident under the benefit. • No claim under this benefit appendix will be payable for any claim event that occurs during the period that the cover is suspended.
NZ Seniors Funeral Insurance — NZ Seniors Funeral Insurance
Wording version 2026-05-18
exclusions: • During the first 12 months after the Acceptance Date, a Funeral Insurance Benefit Amount (and the Accidental Death Benefit) will only be paid if the Life Insured suffers Accidental Death. This means that no benefit is payable if a Life Insured dies as a result of any other cause during this period. • We will not pay a Funeral Insurance Benefit Amount if a Life Insured is diagnosed with a Terminal Illness within 12 months of the Acceptance Date of the Policy, or within 12 months of the date on which this Policy is reinstated. • an intentional self-inflicted bodily injury, suicide, or attempted suicide • engaging in any criminal activities or illegal acts • the consumption of drugs (unless it was under the direction of a Medical Practitioner and not in connection with treatment for substance abuse, drug addiction or dependence) • the consumption of intoxicating liquor or other beverages, including having a blood alcohol content over the prescribed legal limit whilst driving • engaging in any professional sport (meaning the Life Insured's livelihood is substantially dependent on income received as a result of playing sport) • engaging in any motor sports (land or water) as a rider, driver and/or passenger • being a pilot or crew member of any aircraft, or engaging in any aerial activity except as a passenger in a properly licensed aircraft • war (whether declared or not) or war-like activity, or taking part in a riot or civil commotion • Accidental Serious Injury Benefit cover ends on the Policy Anniversary following the Life Insured's 75th birthday
Source: https://www.nzseniors.co.nz/documents/seniors-funeral-insurance-policy-document.pdf