AA Life Funeral Cover vs Fidelity Life Funeral Cover (LifeProtect rider): Waiting period
Almost every NZ funeral insurance policy applies a non-accidental-death waiting period (commonly 12 or 24 months) before the full sum-insured pays. Death from accident is typically covered from day one. This is the single most important clause for buyers signing up while in poor health.
AA Life Funeral Insurance — AA Life Funeral Cover
Wording version 2026-05-21
waiting period months: 24 accidental death cover from day one: true — accidental death (injury caused solely and directly by an accident, with death within 90 days) is covered from the date cover starts, with no waiting period.
Fidelity Life Funeral Cover — Fidelity Life Funeral Cover (LifeProtect rider)
Wording version 2025-04-30
Not on file for this product.
Source: https://www.fidelitylife.co.nz/media/rhwnwmfn/life-protect-life-cover-policy-wording.pdf