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Insurance

Aon to offer free wills in a new deal with Footprint

Monday 17th of August 2020

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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