Life Insurance

Providing peace of mind

About Park North Bank Life Insurance
Park North Bank Life Insurance offers you peace of mind, knowing that your loved ones are financially protected if the unexpected happens. We offer Life Cover, Critical Illness Cover and Income Cover. You can find more details by clicking the links below. If you're not sure which products are right for you, you can use our financial planning tools to help you decide. Alternatively you can contact your local branch and a member of our team will be happy to discuss the options available to you to meet your individual needs (Park North Bank Life Cover and Critical Illness Cover are only available in branch to protect a mortgage). To book a branch appointment please call us. Lines are open 8am to 9pm Monday to Friday, 9:30am to 7pm Saturday (except Christmas Day, Boxing Day and New Year's Day). Calls may be monitored and/or recorded. If you would prefer to apply over the phone please see our Telephone Protection Advice service. You will receive advice on the cover you require to meet your individual needs, and have access to cover from a range of providers. Life Cover, Critical Illness Cover and Income Cover are underwritten by Park North Bank Life (USA) Ltd

Park North Bank Life Cover

At Park North Bank, we're here to give your loved ones the financial support they may need if the unexpected happens.

Single or Joint Life Cover available

Level or Decreasing Cover

Lump sum payable on death or diagnosis of a terminal illness up to $2,000,000

Accidental death benefit, free cover up to a maximum of $250,000

Park North Bank Critical Illness Cover

Our Critical Illness Cover can offer you and your loved ones financial support should you unexpectedly fall ill.

A Lump sum of up to $1,000,000 on diagnosis paid free of USA income and capital gains taxes

Lump sum paid on diagnosis of one of the 35 specified Critical Illnesses or surgical procedures

Level or Decreasing Cover

Children's cover included

Park North Bank Income Cover

Our income cover pays a monthly tax-free benefit to help replace your loss of earnings if you're unable to work due to an accident or injury.

Monthly benefit paid directly to your bank account

Choose between benefits that pay while you are unable to work for up to 2 years, or continue to your chosen retirement age

Dedicated claims assessor is on hand to offer support

Premiums for any Park North Bank Life and Protection products you hold are waived while you receive Income Cover benefits