Fidelity Life Waives Policy Fees – Update

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Fidelity Life has released further details on its recently launched ‘Bye Bye Policy Fees’ campaign, which it announced last week (see: Fidelity Life to End its Partnership Programme…).

The campaign sees policy fees waived for most new business applications up to 3 March 2019 and will be waived for the life of the policy, according to the insurer.

It also confirmed the offer applies to Platinum Plus, Platinum Plus Level and Mortgage Protector policies, for both new policies and new lives added to existing policies.

Fidelity Life Chief Distribution Officer, Adrian Riminton

Fidelity Life Chief Distribution Officer, Adrian Riminton, says the campaign is a win-win for Kiwis and the company.

“New Zealand has one of the lowest rates of life insurance in the world, with a recent TradeMe survey finding just 51% of Kiwis have life insurance,” he said.

“This campaign aims to help Kiwis get access to some of the best insurance protection in the market for a better price, and it’s a great way to celebrate winning the 2018 Life Insurance Company of the Year Award.”