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Kiwibank says life insurance is unaffected, urges caution on KiwiSaver – NZ Advisor NewsColony Kiwibank says any policies purchased through its sister company Kiwi Insurance will not be affected by the COVID-19 outbreak, however warns that its travel underwriter Tower Insurance will not cover for the virus “under any circumstances.” Kiwibank CEO Steve Jurkovich reassured customers that all decisions would prioritise customers’ safety and financial wellbeing, and that its team would “advise on the best course of action to minimise impact as much as possible” for its customers. When it comes to overseas travel however, he noted that Tower Insurance had issued an advisory earlier this month, and that even customers who brought policies before that advisory would not be covered for claims related to the coronavirus. “Tower, the underwriter for this travel insurance, has issued a travel advisory alert to say that no cover for claims related to novel-coronavirus will be accepted under ...