Change the owner of your policy
Due to current regulations, we can only accept physically completed forms and cannot accept electronic signatures. We apologise for any inconvenience.
Rest assured, the process is simple and straightforward.
For Life Cover, Mortgage Cover and Income Protection:
- Open our change of ownership form, fill it in, print, sign, and return it to us either by email to ask@pinnaclelife.co.nz, or by post using the instructions. We’ll take it from there, ensuring a smooth transition of ownership.
- If your policy has more than one owner, all owners must sign the change of ownership form. If necessary, use more than one form.
For Funeral Cover:
- Only the beneficiary can be changed; you cannot change the policy owner. You can change the beneficiary here.
Why is this important?
The beneficiary is the person who will receive any money from a claim, so the person named on your policy must be the one you want to receive the benefits.
As the policy owner, you hold the key to making changes to your policy. If there are two or more owners, all owners must agree to the changes, such as changing the cover or cancelling the policy. This gives you the authority to decide who we can and cannot talk to about your policy, putting you in control of your insurance.
We can’t register a trust as the owner of a life insurance policy. However, the trustees of a trust can be listed as owners. If you change the ownership to the trustees, please ensure all trustees sign as ‘New Owners’. This means that the trustees will have the authority to make changes to the policy, such as changing the cover or cancelling the policy.