AA Life Funeral Cover vs Momentum Life Funeral Insurance: Underwriting
Some NZ funeral cover is offered guaranteed-acceptance (no medical questions); others require a short medical questionnaire. The trade-off: guaranteed-acceptance pricing is higher and waiting periods longer. This page documents each insurer's underwriting approach verbatim.
AA Life Funeral Insurance — AA Life Funeral Cover
Wording version 2026-05-21
guaranteed acceptance: Not explicitly stated as guaranteed acceptance — no medical underwriting questions described, but the policy does not use the phrase 'guaranteed acceptance'. medical underwriting rules: No medical underwriting questions described for policy issue. When a claim for terminal illness is made, we may require you to have one or more medical examinations at our expense.
Momentum Life Funeral Insurance — Momentum Life Funeral Insurance
Wording version 2020-09-21
guaranteed acceptance: Not explicitly stated as guaranteed acceptance; application must be accepted by us medical underwriting rules: No medical underwriting requirements described for application; at claim time claimant must supply sufficient proof including a form completed by a Medical Practitioner, any other medical or other information reasonably required including tests or medical results, and appropriate certification such as death certificate and/or confirmed diagnosis by a Medical Practitioner who is a specialist in the field
Source: https://nzcoverdirect.co.nz/media/qsxlz4ja/nzcd-funeral-insurance-policy-wording-mlf2.pdf