Chubb Life LifeOne Funeral Cover vs Momentum Life Funeral Insurance: 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.
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.
Momentum Life Funeral Insurance — Momentum Life Funeral Insurance
Wording version 2020-09-21
Not on file for this product.
Source: https://nzcoverdirect.co.nz/media/qsxlz4ja/nzcd-funeral-insurance-policy-wording-mlf2.pdf