AA Life Funeral Cover vs Chubb Life LifeOne Funeral Cover: Indexation
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.
AA Life Funeral Insurance — AA Life Funeral Cover
Wording version 2026-05-21
indexation rules: Not specified in the policy wording — no CPI indexation provision described.
Chubb Life Funeral Cover — Chubb Life LifeOne Funeral Cover
Wording version 2026-05-21
indexation rules: No indexation rules stated in the policy text; sum insured is fixed as shown on the policy schedule.