ANZ New Zealand

The ANZ website contains the following categories:

Credit Cards

Credit card repayment insurance
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Credit Card Repayment Insurance is a great way to make sure your credit card payments will be taken care of if you suffer an accident or illness, are made redundant or bankrupt, or if you pass away or suffer a terminal illness. All you pay is a monthly premium based on your outstanding credit card balance.

If you... You're covered for...
...are made redundant. ...15% of your credit card balance at the time you were made redundant, for each month you're unemployed for up to 12 months, or until $30,000 has been paid, or until you find full-time work, whichever is earlier*.
...are temporarily disabled owing to accident or illness. ...15% of your credit card account balance at the time of the incident, for each month you're disabled for up to 20 months, or until $60,000 has been paid, or until you go back to full-time work, whichever is earlier*.
...pass away or suffer a terminal illness or total permanent disability. ...the total outstanding credit card account balance up to $60,000*.
...are declared bankrupt. ...the total outstanding credit card account balance up to $30,000*.
...are diagnosed with any of the specified critical illnesses (namely cancer, heart attack or stroke). ...the total outstanding credit card account balance up to $30,000*.

To apply for Credit Card Repayment Insurance, complete the following application form (PDF, 22kb) and drop it into any ANZ branch.

For more information regarding the Credit Card Repayment Insurance, phone us on 0800 464 555.

* Cover for all benefits, except death and diagnosis of a terminal illness, ends at age 65. Cover for death and diagnosis of a terminal illness ends at age 99.
The premium for this insurance costs just 79 cents for every $100 of the closing balance on your credit card statement and it's automatically added to your statement each month. If your monthly statement has a zero or credit balance, there's no premium charge so you only pay for the cover when you need it.
To apply for ANZ Credit Card Repayment Insurance, just tick the box in section 8 of the application form.
ANZ Credit Card Repayment Insurance is underwritten by ING Insurance Services (NZ) Limited, Level 4, Manpower House, 8 Willis Street, PO Box 787, Wellington, 6140. Full policy terms, conditions and exclusions are contained in the ANZ Credit Card Repayment Insurance Policy Document brochure, which we will send to you if your credit card application is approved and which can be obtained from any ANZ branch. If you're not happy with the cover, you can cancel the policy within 30 days and we will refund any premium charges. ANZ receives commission on the sale of the ANZ Credit Card Repayment Insurance policies.

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