Call Now: 0800-10-9473

Great, let’s get started

First, some basic info about you…

* All fields are required

Group life insurance made simple

We help you compare, choose, and manage the right life cover for your employees

⭐ 4.9★ rated • 40,000+ NZ clients • 7+ years experience

  • Compare group life policy options from multiple NZ insurers — all in one place
  • Clear 1-page comparison of benefits and costs to find the best value
  • Full admin support — setup, staff queries, and claims handled for you
  • Same price as going direct — with free, independent advice
logo_aia
logo_asteron-life
740_CHUBB_Logo_Purple_RGB
logo_fidelity-life
New_PartnersLife_Wordmark_RGB
By yourself

With Policywise

Complicated fine print

Simple one-page summary

Guesswork & assumptions

Independent research & expert experience

Confusion & doubts

Clarity & assurance

Time-consuming hard work

Fast & easy

Here's what our customers say about us

These reviews are embedded here from Reviews.io, an independent third party website, so you can know that what you see is exactly what our customers have written, unfiltered by us.

Excellent

Taryn

verified

Verified Customer

Cooper was so helpful! He explained things directly and simply without it being overwhelming. He was patient and really took the...

0 months ago

Taryn

verified

Verified Customer

Cooper was so helpful! He explained things directly and simply without it being overwhelming. He was patient and really took the time to understand my situation and made a real effort to give me the best options and advice. He also didn't try to push other sales on me. He understood my financial situation and only offered advice on things I requested. So many other advisors from other companies have unpromptedly tried to sell me other stuff e.g kiwisaver. Cooper didn't do that, he respected what I was after and took the time to research and offer me the best options. Brilliant customer service and easy to talk to (didn't feel like I was being forced into anything or lectured. Genuine human conversation goes a long way!) Nothing but a wonderful experience with PolicyWise, I will definitely recommend it to my family and friends.

Sarni Ray

verified

Verified Customer

Policywise is great, helped me sort my health insurance swiftly, I recommend them 100%

1 month ago

Sarni Ray

verified

Verified Customer

Policywise is great, helped me sort my health insurance swiftly, I recommend them 100%

Malcolm

verified

Verified Customer

I contacted Policywise t0 sort insurance for the boost visa Jared contacted me and arranged a one to one call and everything has...

1 month ago

Malcolm

verified

Verified Customer

I contacted Policywise t0 sort insurance for the boost visa Jared contacted me and arranged a one to one call and everything has been plain sailing since.

Esteria

verified

Verified Customer

Jared was great. very quick response and accomodating to all our queries and concerns. Kudos to you brother!

1 month ago

Esteria

verified

Verified Customer

Jared was great. very quick response and accomodating to all our queries and concerns. Kudos to you brother!

Natasha

verified

Verified Customer

Jared did a fantastic job. He was very approachable and great at communicating. We now have policy in place that is considerably...

1 month ago

Natasha

verified

Verified Customer

Jared did a fantastic job. He was very approachable and great at communicating. We now have policy in place that is considerably cheaper than our old provider, with more/better cover.

Lucy

verified

Verified Customer

Super grateful for the support of George and the Policywise team in helping to navigate a difficult health insurance situation....

1 month ago

Lucy

verified

Verified Customer

Super grateful for the support of George and the Policywise team in helping to navigate a difficult health insurance situation. George’s knowledge, guidance and support made a huge difference, and I genuinely don’t think we would have had the same outcome without his help. He was great to deal with throughout, very responsive, and made a stressful situation so much easier to navigate. Really appreciate everything George did and wouldn’t hesitate to recommend him and the Policywise team for anyone needing support with their insurance needs.

Tuhoe

verified

Verified Customer

Absolutely — I’d keep your personality and humour because that makes the review feel genuine, just smooth out the wording and...

1 month ago

Tuhoe

verified

Verified Customer

Absolutely — I’d keep your personality and humour because that makes the review feel genuine, just smooth out the wording and make it easier to read. Jared from Policywise was such a pleasure to work with. The exact insurer I had already been considering applying for, but hadn’t felt confident enough to go ahead with, was actually the insurer he recommended for me — without me mentioning it beforehand! So that gave me a lot of confidence in his recommendation straight away. Not only that, but Jared made the whole application process seem so easy. Honestly, I felt like I hardly did anything 😆. It was like having a personal assistant taking care of all the miscellaneous stuff while I just read everything over and signed to approve it. Throughout the whole process, Jared was always checking in to make sure I actually understood everything and wasn’t just nodding my head along. He explained concepts and jargon without me even having to ask, and if there were certain areas he felt were particularly important for me to understand, he would go back over them and explain them again. What really stood out to me was that he genuinely seemed to want to do the best by me, rather than simply trying to sell me something. I really appreciated having someone who could give me an unbiased opinion from outside the actual insurance companies. Anyway, I could go on, but at the end of it all, Jared was fantastic. I would highly recommend Policywise to anyone who wants honest, unbiased advice and someone who will actually take the time to make sure you understand what you’re getting. If you want, I can also make it  a little more casual and funny, so it sounds even more like a natural Google review rather than a polished testimonial.

Tanja

verified

Verified Customer

I came across Policywise by chance whilst I was looking for the right private health insurance! I’m glad I got in touch with you,...

2 months ago

Tanja

verified

Verified Customer

I came across Policywise by chance whilst I was looking for the right private health insurance! I’m glad I got in touch with you, because Chakradhar gave me absolutely brilliant advice; he was incredibly patient, answered all my questions and addressed all my concerns, and found the very best solution for us!! He was always there for us; we spoke on the phone several times, and I feel very well looked after and supported by Policywise! Thank you for being there and thank you for all your support!! Greatly appreciate it!!!! Thanks Chakradhar!!!

Joanne

verified

Verified Customer

Dealing with Chakradhar has been an absolute pleasure. He listened carefully to my needs and then provided a number of options...

2 months ago

Joanne

verified

Verified Customer

Dealing with Chakradhar has been an absolute pleasure. He listened carefully to my needs and then provided a number of options and took me through the details of the different policies very thoroughly. He was highly professional and clearly answered all of my questions, following up directly with the insurers to clarify details as necessary. I would highly recommend Policywise and Chakradhar! Thank you!

Craig

verified

Verified Customer

We approached Jared for help reviewing our insurances. We were using another advisor and overall, weren't happy with their set...

2 months ago

Craig

verified

Verified Customer

We approached Jared for help reviewing our insurances. We were using another advisor and overall, weren't happy with their set and forget mentality. From the get go, we were impressed with Jared's commitment to getting the job done. We're in different parts of the country but caught up on Teams. He worked to transfer the policies across to Policywise, then worked with us on different strategies to get the best value from our cover. He advocated for us on a couple of issues and kept things progressing when life became busy. I recommend Jared to anyone looking for a decent review of this aspect of life admin.

Table of Content

What is group life insurance?

Group life insurance is life cover for the employees of a business, often offered as part of an employee benefits package. 

Group life insurance can be rewarding for both employer and employee. It helps businesses retain top performers and enhances a reputation for providing pastoral care.

Employees benefit from the security of having affordable life cover, which provides a lump sum if they pass away or become terminally ill.

Why offer employee life insurance? 

Offering life insurance to your employees means great positives for both your business and your staff. Here's why:

Advantages for businesses

  • Attract top talent: Group life insurance adds to your employee benefits package, attracting quality job applicants in a competitive market.
  • Employee retention: Providing life insurance fosters employee satisfaction, loyalty, and good morale, reducing staff turnover.
  • Cost savings: Group policies are typically more affordable than individual ones, spreading the risk across the group and lowering overall costs.
  • Enhanced reputation: Offering comprehensive employee benefits like group life insurance boosts your company's reputation as a responsible and caring employer.
  • Employer-determined cover amount: Employers can choose the cover amount based on factors like salary or job role in alignment with their compensation strategy.
  • Customisable cover: Employers can tailor the level of life cover for different employee groups and package it with other covers such as total and permanent disability (TPD), group income protection, and trauma cover.

Advantages for employees

  • Financial protection for families: Employees’ families receive a lump sum payout upon the death or terminal illness diagnosis of their loved one. This payment can help cover funeral expenses, mortgage or rent payments, education, daily living expenses, and utilities.
  • Life insurance cover that’s discounted or fully subsidised: Offers a cost-effective form of financial security.
  • Voluntary additional cover: Many policies allow employees to customise their protection by purchasing extra cover at competitive rates.

Features and benefits of group life policies for employees

Group life insurance provides valuable features and benefits. Here’s what could be on offer for your team:

  • Life cover benefit: Pays out a lump sum upon an employee’s death, helping their beneficiaries meet financial obligations despite losing an income earner.
  • Advance payment for terminal illness: Some plans pay the life cover in advance if an employee is diagnosed with a terminal illness and given less than 12 months to live, providing financial support when most needed.
  • Funeral advancement: Some insurers will immediately advance a portion of the life cover upon the employee’s death, so family members can use it for funeral and other immediate expenses.
  • Continuation of life cover: Some plans allow employees to continue their life cover even after leaving the company, ensuring ongoing protection without interruption.
  • Automatic acceptance: Employees are usually enrolled with no stand down or medical exams, making cover accessible to everyone, regardless of health status.
  • Add-ons: Some plans also allow employees the option to include add-ons like extending cover to their family members.

How to get a free group life cover quote

To receive a customised group life cover package and quote for your business, simply provide the following details of your employees:

  • Name (optional)
  • Date of birth
  • Gender
  • Salary
  • Occupation

With just this basic information, Policywise can supply a free, no-obligation quote tailored to your needs. It’s a quick and easy way to explore the best insurance options for your business and employees.

Why choose Policywise as your group life insurance broker?

The right broker can help you find the best value life cover for your business and employees. Policywise stands out as a trusted partner for businesses across New Zealand, offering expertise, personalised service, and a commitment to finding the best employee insurance solutions.

  • Access to multiple insurers: Rather than limiting yourself to quotes from a single insurer, Policywise gives you access to a range of options from multiple insurers.
  • You can compare different plans, benefits, and costs all in one place, ensuring the best possible cover at the most competitive price.
  • Time-saving and hassle-free: Navigating the insurance market can be overwhelming. By working with Policywise, you’ll save time and avoid the hassle because we do the legwork for you, presenting a curated selection of options that meet your needs.
  • Licenced and trusted: Policywise is fully licenced by the Financial Markets Authority (FMA), giving you peace of mind that you’re working with a reputable and trustworthy broker. Our transparent approach and commitment to ethical practices mean you can rely on us to act in your best interests.
Important Disclaimer: The information on this website is general in nature and does not consider your personal situation. It is not intended as a definitive financial guide. Before making any insurance decisions, we recommend speaking with a licenced Policywise adviser.
 
Policywise advisers are licenced by the Financial Markets Authority to give financial advice on health, life, and disability insurance. For more, see our Public Disclosure page.
 
All insurance is subject to insurer approval. Policies may include stand-down periods, exclusions, terms and conditions, and premium loadings not listed here. Optional (add-on) benefits come at an extra cost. Please refer to the relevant policy document for full and current details, as insurers may update these at any time.
 
Product pages on this site are summaries only. In the case of any difference between website content and the insurer’s official policy wording, the insurer’s wording will apply.

Why choose Policywise as your group life cover broker

POLICYWISE™ Other comparison sites Traditional brokers Banks Insurers
(going direct)
Completely free service
Yes
Yes
Yes
Yes
Yes
Quotes from 8 of NZ’s leading insurers
Yes
Some*
Some*
No*
No
Tailored recommendations fitted to your needs
Yes
No
Yes
No*
No
Detailed quote comparisons
Yes
No
Some*
No
No
Comparisons based on third-party research
Yes
Some
Yes
No
No
Fast & efficient process
Yes
Yes
Some*
Yes
Some
Independent claims support & advocacy
Yes
Some
Yes
No
No*
Laser-focused on health, life, disability, & group insurance
Yes
Yes
Some*
No
Yes*
Experts at negotiating pre-existing conditions
Yes
Some
Some
No
No
Help you review your existing cover
Yes
No
Yes
No
No
Avoid policies that make claiming hard
Yes
Yes
Yes
No
Some
Ongoing support
Yes
Yes
Yes
Yes
Yes
Nicest team in New Zealand
Yes
No
No
No
No

How Policywise works in 3 easy steps

1

Tell us about your company

Click the button below to get started by entering some basic details. (Takes less than 30 seconds.)

2

Get your FREE, no-obligation quote comparison

We’ll provide a straightforward run-down of your best options. Our report will show you the best group life insurance policies that match your needs, with research and ratings for each insurance provider. You’ll see a summary of quotes for the lowest market prices available for these policies. And we provide all this completely free to you, with no hidden costs – you'll pay the same premium as you would had you approached each insurer yourself and negotiated the best cover.

3

We take care of everything for you

If you like our recommendations, our experienced group insurance heroes will set up everything. Eliminate the pain of organising your group life insurance – we handle all the time-consuming back-and-forth with the insurer on your behalf. This is FREE for you because the insurer you choose pays our fees.