Aon to offer free wills in a new deal with Footprint
Aon is the first company in the sector to provide and cover the cost of Wills to all existing and new clients with a corporate life insurance policy through employee benefits – and already, several group insurers are engaged, with more to come. This industry-first move will see Aon provide security and education for all aspects of life insurance and end of life planning, saving people on average $5,000 in estate administration fees in instances where a life insurance policy has no Will attached to it.
Footprint chief executive Angela Vale says, “The data tells us New Zealanders are consistently under-Willed, especially in certain age groups. Only 37% of full-time employed people in New Zealand have a valid Will."
"Aon has taken a brave, game-changing stance in partnering with us to immediately extend this critical benefit, through insurer clients, to tens of thousands of Kiwis – when setting up a life insurance policy, this is a natural point to set up a Will alongside it.
“It is the kind of big move that will change the landscape by dramatically lifting the number of people who have a Will, with the immensely valuable knock-on effect that their families will have the protection of one.”
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