Help & Support


Transferring ownership of your life insurance policy

  1. Current policy owner and new policy owner complete a Memorandum of Transfer form (PDF 43KB).
    Note: The new policy owner must be 16 years or older and a BNZ customer. (If they aren’t, they will need to be set up as one before starting the transfer.)
  2. Current policy owner and new policy owner must sign the form. This will need to be witnessed. The witness will also need to sign the form.
  3. Send your completed form and any accompanying documents to:

BNZ Life Insurance Limited
PO Box 1299
Freepost Authority Number 138014
Wellington 6140

Once we have received the form and any other required documents, we’ll change ownership of the policy. All your rights and obligations as the existing policy owner will be transferred to the new policy owner. Confirmation of the transfer will be sent to the new owner.

If you have any questions about transferring the ownership of your life insurance policy, please contact us on 0800 808 648.