Quick Summary
Fidelity Life offers solid trauma insurance coverage with competitive pricing, particularly for younger applicants. However, limited customization options and slower claims processing compared to market leaders may concern some buyers.
Best For:
- • Young professionals seeking basic coverage
- • Budget-conscious buyers
- • First-time trauma insurance buyers
Consider Alternatives If:
- • You need extensive customization options
- • Fast claims processing is priority
- • You want comprehensive medical support
Fidelity Life Trauma Insurance: The Complete Analysis
Coverage Options
Standard Coverage Includes:
Major Conditions (32 covered)
- • Cancer (all invasive types)
- • Heart Attack
- • Stroke
- • Organ Transplant
- • Coronary Artery Surgery
- • Multiple Sclerosis
- • Parkinson's Disease
Coverage Amounts
- • Minimum: $50,000
- • Maximum: $2,000,000
- • Most popular: $200,000-$500,000
- • Premium loading for high amounts
Pricing Analysis
| Age/Gender | $200k Coverage | $500k Coverage | Market Position |
|---|---|---|---|
| 30yr Male Non-smoker | $32/month | $78/month | Competitive |
| 35yr Female Non-smoker | $45/month | $108/month | Below Average |
| 45yr Male Non-smoker | $89/month | $218/month | Average |
| 50yr Female Non-smoker | $156/month | $385/month | Above Average |
Pros and Cons
✅ Pros
- • Competitive pricing for under-40s
- • Established reputation - 100+ years in NZ
- • Straightforward policies - easy to understand
- • Good customer service during application
- • No medical exams for lower coverage amounts
❌ Cons
- • Limited customization options vs competitors
- • Slower claims processing (45-60 days average)
- • Higher premiums for over-50s
- • Limited online tools - outdated website
- • No additional benefits like second medical opinions
How Does Fidelity Compare to Competitors?
| Feature | Fidelity Life | AIA | Southern Cross |
|---|---|---|---|
| Conditions Covered | 32 | 45+ | 38 |
| Claims Processing | 45-60 days | 30 days | 30-35 days |
| Online Tools | Basic | Excellent | Good |
| Additional Benefits | None | Medical concierge | Health support |
| Pricing (35yr) | Competitive | Premium | Moderate |
Better Alternatives to Consider
While Fidelity Life offers solid basic coverage, these providers might offer better value for your specific needs:
For Better Coverage Options
AIA or Partners Life offer more comprehensive policies with additional benefits and faster claims processing.
- • More conditions covered (45+ vs 32)
- • Additional health support services
- • Better online tools and calculators
For Better Value
Asteron Life or Chubb may offer more competitive pricing for your age and situation.
- • Potentially lower premiums
- • Flexible payment options
- • Bundle discounts available
Compare All Your Options
Don't settle for one quote. Compare Fidelity Life against all major NZ providers to find the best coverage and pricing for your needs.
Get Quotes from All ProvidersFinal Verdict
3.5/5 - Good Choice for Basic Coverage
Solid option but better alternatives available
Fidelity Life trauma insurance provides reliable, straightforward coverage at competitive prices for younger applicants. However, the limited customization options, slower claims processing, and lack of additional benefits mean many customers would be better served by competitors.
Our Recommendation: Get quotes from Fidelity Life alongside AIA, Partners Life, and Southern Cross to compare your options. The extra 10 minutes spent comparing could save you thousands and get you better coverage.