This insurance is simple, but powerful. As the name suggests, Income Protection protects a percentage of the money you normally earn.
What is Income Protection Insurance?
Your income is often your biggest asset and losing it can turn life upside down. If you're unable to work—either temporarily or permanently—because you're sick or injured, Income Protection Insurance will provide you with money to live on as a monthly payment while you're not receiving your salary or wage.
Income Protection Insurance benefits
Your family or nominated beneficiaries will receive a lump sum of money if you pass away
Rehabilitation & retraining support
Helps you with your rehabilitation and retraining costs
Pays you a monthly benefit if you suffer the same sickness or disability within a year
Return to work
Pays you a bonus benefit if you are able to return to work
We'll pay for a nurse or family member to look after you at home for up to 6 months
Pays for your family to be with you if they live more than 100km away
Allows you to claim again if you suffer a related sickness or injury
Pays you a monthly benefit if you are disabled due to an elective surgery
Payment while overseas
Pays you a monthly benefit if you are disabled while overseas
We reimburse your family up to three times the monthly benefit for your funeral costs if you die
Helps with the cost of professional grief support to cope with sudden changes.
Reimburse you and one support person for travel back to New Zealand if disabled overseas
New parent premium waiver
We'll pay your premiums for six months while you're on parental leave
Optional benefits you can choose to include:
- Income top-up package
- Immediate assist package
- Specific injury support
- Increasing claim
- Mental health discount
- Redundancy cover
- Kids cover
Disclaimer: Please note that the content provided in this article is intended as an overview and as general information only. While care is taken to ensure accuracy and reliability, the information provided is subject to continuous change and may not reflect current development or address your situation. Before making any decisions based on the information provided in this article, please use your discretion and seek independent guidance.