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Accidental Death Cover

Exclusive to Booster KiwiSaver Scheme members, we provide accidental death cover up to $100,000 for eligible members. For eligibility criteria head to more information.
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Exclusive to Booster KiwiSaver members, we offer free accidental death cover up to $100,000.

You'll automatically be covered up to $10,000 in your first year of membership in the Booster KiwiSaver Scheme*.

After 3 years' membership, the amount of cover you're entitled to will increase in stages based on how long you’ve been a contributing member of the Booster KiwiSaver Scheme and your KiwiSaver balance. After 6 consecutive years of being a contributing member, the cover amount is either $100,000 or the value of your KiwiSaver balance, whichever is less.

If you die accidentally, your family and other beneficiaries of your estate will receive the free accidental death cover.

Accidental death cover is exclusive to Booster. No other KiwiSaver scheme provider offers this free member benefit.


Qualifying for cover

To be eligible for the free accidental death cover, you must:

  • be a member of the Booster KiwiSaver Scheme
  • be under the age of eligibility for New Zealand Superannuation, currently 65 years of age
  • not have any portion of your investment in the Default Saver Fund
  • be subject to the standard member fee (even if it's waived due to your account balance).

If you meet all these conditions, you are an ‘insured member’. This means that your family and other beneficiaries of your estate will receive the free accidental death cover if you die accidentally.


How much is the cover?

*The most that your free accidental death cover pays to your estate is $100,000, but the amount depends on:

  • whether you are 18 years or over, or are a contributing member
  • the number of consecutive years you’ve been a contributing member
  • how much you’ve got in your Booster KiwiSaver Scheme account.


For full terms and conditions, including how to claim, please download and read the Free Accidental Death Cover information.


Contributing member

A ‘contributing member’ is someone who has paid in at least $1,000 to their account over a 12-month period.

These contributions can be made by:

  • you as part of your regular employee contribution
  • your employer
  • you as voluntary contributions.

Find out more

For full terms and conditions, including how to claim, please:


We are here to help

Call us on 0800 336 338

8am – 8pm Monday to Friday