Tower insurance started operating in 1869 selling life insurance policies and pensions. In the beginning, Tower was a government department called Government Life and was supplied capital by the government. The company was renamed TOWER Corporation in 1987 and in 1990 ownership was conferred to its policyholders.
Tower Insurance New Zealand has over approximately 800 staff in New Zealand and 95 in the Pacific Islands. With over 130 years operating in the New Zealand insurance industry, Tower Insurance is one of the old boys.
Tower Insurance NZ currently comprises three businesses:
Tower general insurance
Tower Health and Life insurance
Investments
Tower Insurance NZ Products
As mentioned above, Tower insurance offers a wide range of financial services ranging from general insurance, health and life insurance and investment advice. A summary of insurance policies Tower Insurance NZ provides is listed below:
Tower Car insurance
Tower House insurance
Tower Contents insurance
Tower Travel insurance
Tower Business insurance
Tower Rental insurance
Tower Boat insurance
Tower Farm insurance
Tower health insurance
Tower life insurance
When becoming a member of Tower Insurance . you may receive the following benefits:
Save up to 15% on your Tower home insurance when you take more out three ore more insurance polices with Tower.
Obtain discounts from Tower if you haven’t made a claim within a year
Save up to 20% on your Tower car insurance policy when you take three or more insurance policies with Tower
Optional benefits with the Tower tailored car insurance policy include access to the Roadwise - Towers road side rescue.
The website is comprehensive and supplies detailed information about Towers insurance policies.
You can save your quotes online and come back to them another time
The policy number or your new Tower insurance policy can be sent to you on your mobile phone.
Tower Insurance Rating
Tower insurance has the following ratings:
TOWER Limited A M Best
Issuer credit rating bbb – Good on 05 December 2008
TOWER Life (N.Z) Limited A M Best
Insurer financial strength rating A – Excellent on 05 December 2008
TOWER Insurance Limited A M Best
Insurer financial strength rating A- Excellent on 05 December 2008
TOWER Health & Life Limited A M Best
Insurer financial strength rating A- Excellent on 05 December 2008
For more information on the many Insurance policies available, chat with our experienced brokers by activating the chat button. It pays to know more about the insurance company before taking out an insurance policy.
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