Insurance

As a Regular Force or a Civilian member , you’re automatically provided with valuable protection under MIBP Teir 1. These benefits are fully funded by NZDF.

Life, Terminal Illness & Physical Loss 

• Life, Terminal Illness & Physical Loss.
• $300,000 benefit for death or terminal Illness.
• Up to $50,000 physical loss cover.
• 24/7, world-wide cover up to age 80.
• No exclusion for belligerent operations or war or terrorism.
• A 15% discount on premiums when you take out a new ANZ Life & Living Insurance policy.

Income protection

• Protection if you’re temporarily or permanently unable to perform your usual occupation as a result of illness or injury.
• Receive up to 75% of your base salary plus military factor after a 90-day waiting period (up to a maximum annual salary of $160,000).
• Benefit payable fortnightly in advance for up to two years.
• 24/7, worldwide cover up to age 70.

As a Reserve Force member, you are automatically provided with protection under MIBP Tier 1. These benefits are fully funded by NZDF:

• $300,000 Life benefit – this benefit is payable in the event of death by accident occurring while on NZDF duty or going to and from that duty.
• Up to $50,000 physical loss cover. From accident events only while on NZDF duty.
• An Accident Compensation (ACC) top up benefit – This is a top up of any shortfall in ACC payments with regard to your combined NZDF and Civilian earnings from injuries arising while on NZDF duty.

MIBP Tier 2 provides a range of additional and extended benefits you can choose to supplement your Tier 1 protection.
When you join NZDF, you can apply for Tier 2 benefits up to certain levels without having to undergo a health assessment, provided you apply within 60 days of your start date and can answer ‘no’ to two health questions. The current limits under this rule are:

• Life and Terminal Illness - $300,000. (includes $50,000 Physical Loss).
• Income Protection – Extend the Tier 1, 2-year benefit payment period to 5 years.
• Critical Illness cover of up to $60,000.

NZDF members can apply for Tier 2 benefits at any other time, subject to health assessment. The exception to this is when special windows to joining are offered (each 1 October from 2025).

Additional Life & Terminal Illness available under tier 2

• Apply for up to $1,000,000.
• 24/7, world-wide* cover up to age 80.
• Belligerent operations cover is available (up to $300,000, after 6 months of the policy start date).
• Includes another $50,000 physical loss cover.

Extend your Income Protection

• Extend your Tier 1 two-year benefit payment period to 5 years.
• Extend your benefit payment period to age 70.
• 24/7, world-wide* cover up to age 70.

Add Critical Illness Insurance for extra protection

• A lump sum benefit for payable for diagnosis of 39 conditions including heart attack, stroke, and cancers (subject to policy terms and conditions).
• Add multiples of $5,000 up to $500,000.
• 24/7, world-wide* cover up to age 70

Your MIBP Tier 2 insurance is between you, Aon and the insurance provider and not with NZDF. If you leave NZDF you can continue your insurance by simply continuing to pay the monthly Direct Debits. Please contact Aon if you leave NZDF, as your premiums may reduce, and we can help ensure your insurance is right for you.

All Tier 2 premiums are payable by monthly direct debit.

MIBP Tier 3 gives your spouse or partner a range of optional benefits, provided they are not a member of NZDF.

When you join NZDF, your spouse or partner can apply for Tier 3 benefits up to certain levels without having to undergo a health assessment, provided they apply within 60 days of your start date, and they can answer ‘no’ to two health questions. The current limits under this rule are:

• Life and Terminal Illness - $150,000.
• Critical Illness cover of up to $20,000 which must be taken in conjunction with the life cover. Benefits are offset against the life cover.

NZDF members’ spouses or partners can apply for Tier 3 benefits at any time, subject to health assessment.

Life & Terminal illness

• Multiples of $50,000 up to $1,000,000.
• 24/7, world-wide* cover up to age 80.

Critical Illness Insurance – accelerated payment of life insurance 

• A lump sum benefit for payable for diagnosis of 39 conditions including heart attack, stroke, and cancers *
• Add multiples of $10,000 up to $500,000
• 24/7, world-wide* cover up to age 70

Life & Terminal illness

• Multiples of $50,000 up to $1,000,000.
• 24/7, world-wide* cover up to age 80.

Critical Illness Insurance – accelerated payment of life insurance 

• A lump sum benefit for conditions like heart attack, stroke and cancer (subject to policy terms and conditions). 
• Add multiples of $10,000 up to $500,000.
• 24/7, world-wide* cover up to age 70.

All Tier 3 premiums are payable by monthly direct debit.

If you were previously a member of NZDF you are now able to access the Tier 2 benefits of Life & Terminal Illness, Critical Illness and Income Protection Insurance for yourself and you can do this via Tier 4. These benefits are funded by you.

A Funeral Plan, funded by you is available to members of the Defence community. You are a member of the Defence community if you are or any of your family members have been members of NZDF.

Covers personal effects, and any military equipment and gear you are issued with, while you are living in barracks. We are offering – cover up to $20,000.00 at the price of a premium of $10,000.00

Covers home contents, personal effects and any military gear and equipment you are issued with, at your flat or residence, or while temporarily stored elsewhere.

An insurance policy for a house owned by you (residential or rented), as well as a policy for additionally owned homes such as investment properties and holiday homes.

An insurance policy for your car.

Sharing the costs of diagnostic tests, specialist consults and surgical treatment.

Sharing the costs of basic medical costs (like doctor’s visits), plus a range of diagnostic tests, specialist consults, plus surgical and medical treatment.

A plan that covers Specialist consultations and Diagnostic tests that occur within 6 months pre and post-surgery. An affordable safety net for surgical and medical treatment.

A plan that covers specialist consults, diagnostic tests, as well as surgical and medical treatment. Plus your choice of modules: Day-to-day care, preventative, optical/dental.

A comprehensive plan offering cover for a wide range of healthcare treatment, from basic medical costs (like doctor’s visits) through to the big surgical and medical expenses.

• Selected cover for epidemic and pandemic diseases such as Covid-19.
• Cover for medical and repatriation expenses.
• Emergency assistance provided 24 hours/7 days a week.
• Replacement cover for baggage items less than two years old. Depreciation will be otherwise applied to claims for luggage and personal effects at such rate as reasonably determined by Allianz Partners.
• Dependent Children under 21 years covered at no additional charge.
• Rental vehicle excess cover.
• Missed Connections / Travel Delays.
• Loss of Deposits / Cancellation of Journey Paid in Full.
• Participation in recreational sports.

Increased cover options on top of the essentials plan, such as:

• Increased cover for specified high-value items (Comprehensive only).
• Cover for Pre-Existing Medical Condition(s) (Comprehensive only).

• Selected cover for epidemic and pandemic diseases such as Covid-19.
• Cancellation of Journey.
• Medical, Emergency Dental and Funeral expenses.
• Personal Baggage.
• Rental car excess cover.

• Cancellation of Journey.
• Selected cover* for epidemic and pandemic diseases such as COVID-19.