AA Life Funeral Cover vs NZ Seniors Funeral Insurance: 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.
NZ Seniors Funeral Insurance — NZ Seniors Funeral Insurance
Wording version 2026-05-18
waiting period months: 12 accidental death cover from day one: Yes
Source: https://www.nzseniors.co.nz/documents/seniors-funeral-insurance-policy-document.pdf