Your income helps support the lifestyle you choose, so if the unexpected happens, it’s comforting to know you can still pay your bills while you recover and return to the lifestyle you enjoy. Income Protection Insurance pays a percentage of your lost income on a monthly basis if you are disabled or unable to work due to an illness or injury, protecting you and your family from the financial consequences of unpaid rent, mortgages, medical bills, school fees and other everyday expenses. You can choose the percentage of your income that the benefit pays, how long you wait before the benefit starts, and the length of time it covers you for.
If you own a business, Income Protection Insurance can also help you protect your employee’s income, reducing their financial stress at a difficult time and increasing their chances of returning to work quickly.
20% of New Zealanders live with a disability*