Income Protection Insurance

When you compare, you save.

compare-income-protection aia
compare-income-protection asteron
compare-income-protection fidelity life
compare-income-protection partners life

SELF EMPLOYED INCOME PROTECTION

self-employed-income-protection

Being Self-employed is not easy; the last thing you want to deal with is a health issue that prevents you from working. Not all income protection policies are the same when it comes to how they respond at claim time. ACC will offset some policies, and some policies require you to prove your income at claim time. Compare what’s best for your situation as a self employed individual, partnership or company by looking at policy types and insurance companies. When you look at price it’s best done with advice as income protection for the self-employed is complex.

INCOME PROTECTION INSURANCE

DISCLAIMER

Being Self-employed is not easy; the last thing you want to deal with is a health issue that prevents you from working. Not all income protection policies are the same when it comes to how they respond at claim time. ACC will offset some policies, and some policies require you to prove your income at claim time. We like to compare what policy and insurance company is best for you first, then look at the price with advice.  As an example read about indemnity vs agreed value insurance policies.

Jess Edlin
Jess Edlin
21:41 21 Jan 22
Paul was excellent to deal with - he listened to what I needed and always explained things to me in a way that I could understand. Thanks to his advice and experience I ended up with an insurance package that is much better suited to my needs than the original income protection I thought I wanted.
Rachael Healey
Rachael Healey
10:12 11 Jan 22
Hayley went the extra mile for me more than once. Between fitting in around my work schedule and following up to make sure I was happy with everything, Hayley made the whole process easy, stress free and perfectly suited to what I needed. Thank you!
leon kiddie
leon kiddie
03:52 24 Dec 21
Chantelle Venter
Chantelle Venter
06:20 18 Dec 21
It's been a pleasure working with Kyle McElwin. He has gone above and beyond to get the right cover at the right price for our family! Thank you Kyle for your excellent service!
Elsie Chong
Elsie Chong
04:37 16 Dec 21
Hats off to Kyle for being so patient and professional to explain clearly my options. It certainly made my decision to choose the " best" insurance policy a whole lot easier !!
Nicole Taylor
Nicole Taylor
20:47 13 Dec 21
Joseph Urlich
Joseph Urlich
21:08 10 Dec 21
Excellent. Advisor was understanding of my professional business insurance needs. Recommended a quality provider with excellent services. Overall a great and enjoyable application process. Was able to answer my questions on multiple occasions. Excellent service, please keep up the great work. Will highly recommend to others hesitant on using their services.
Narinder Singh
Narinder Singh
22:37 09 Dec 21
MacKenzie was very professional with good knowledge. Will get you the best deal, explains the complexity of insurance in best way. Highly recommended.
shanu paul
shanu paul
22:13 09 Dec 21
paul brown
paul brown
23:58 30 Nov 21
Insurance suited to what I needed and with in my budget
Julie Bach
Julie Bach
05:58 25 Nov 21
Kyle is very good at explaining through the complex policies and he is very patient. Great personality and always responsive to questions. Highly recommend him.
steve dame
steve dame
00:52 25 Nov 21
Easy to talk to, very helpful, thanks heaps Paul
Michael Broughton
Michael Broughton
10:01 22 Nov 21
I used insurance comparison site to get an indication of options. Blake Sutton subsequently contacted me, introduced himself , explained his remuneration and gave me insurance suggestions to suit my needs. We had two follow up calls and Blake took time to meet me personally to review product I had chosen. Thoroughly professional, up front and honest about his recommendations.
sushil
sushil
01:03 21 Nov 21
i have got the honest comparisons and suggestion on the life insurance requirement and quote . Happy with the overall service
Nikhie Sam
Nikhie Sam
01:47 19 Nov 21
Kyle was excellent in getting me the insurance best suited for me. Highly recommend Kyle.
js_loader

View our other products

mortgage
trauma
Medical
compare-life-cover

Book a 30 min FREE Advice session. We will call you at an agreed time to walk you through the pros and cons of each Income protection policy type and will also guarantee the best price based on your situation.

Book - Compare Income Protection

Everyone Receives a FREE copy!

Redundancy Cover & Income Protection Insurance

Redundancy Cover & Income Protection Insurance

Many of you at this time are concerned for your jobs and possible redundancies. This short 60 second video explains to you how redundancy insurance works and the difference between income protection and redundacy cover. This video was recorded March 2020.

PRICE GUARANTEE

prezzy-card-income-protectionIf you have current income protection insurance or have a current quote, we will guarantee a better price. If we can’t show you a better way to save money or a cheaper policy, we will give you a $200 Prezi Card – subject to terms and conditions.

ADVICE CENTRE

compare-income-protection-advice-centreIf you would like to speak with a local adviser about income protection insurance, you can book a free consultation via phone or Skype by clicking the BOOK YOUR TIME button below. You will be connected with a registered financial adviser.

ABOUT US

Comparing income protection insurance can be extremely frustrating. This site is designed to give you an idea of what policy may be best for you based on your employment and debt situation.
Comparing insurance companies alone is fine when you’re buying on price for simple insurances such as a car or house. But covering your income in New Zealand is a little different as we have ACC for self-employed and employed kiwis which should be taken into consideration when buying private cover.
We designed this site to break down the four most common outcomes when buying income protection. Once broken down, you will need to get online advice from one of our dedicated advisers who can help structure your cover in the most cost-effective way.

about-compare-income-protection

HOW DOES INCOME PROTECTION INSURANCE WORK?

services-compare-income-protectionWe get asked the question ‘what am I covered for?’ all the time. There are three main categories; not being able to work in your occupation due to ill health, losing your job via redundancy or not being able to work due to an accident.

If you would like to compare income protection insurance, click here.

Ill Health & Accident Cover: Income protection covers you for both accidents and ill health claims. You can’t claim ACC and certain types of Income protection together. Although ACC is compulsory for all working New Zealanders, the self-employed have the option to elect their cover levels, whereas being employed you cannot.
Redundancy Cover: This cover is generally limited to a six-month benefit, i.e. if you lose your job, you receive a replacement income for up to six months. However, if you know your job is on the line, you can’t take out this cover, and if your company is on the brink of receivership or liquidation, most insurance companies will have already red flagged your company (or even industry) as an exclusion.
Accident Cover: Whether you like it or not, we all pay ACC if we’re working. If you are employed, ACC will pay you 80% of your income based on your IRD information. If you are self-employed it’s a little different – you are also paid on your income, but as we all know, it depends how your accountant has structured your income, e.g. have you split your income with your partner? Be aware that if you have an accident, ACC will pay you based the amount you stated in your last annual return.
As ACC is a complex monster, you need to seek advice from an adviser who can show you how to structure your policy – for free!

Finance Directory of New Zealand – free online catalog of relevant and useful web sites. Free submit a site to New Zealand web directory and link exchange.