ACC

ACC 

Are you self-employed or a business owner? 

Do you know what benefits you will get from ACC if you are unable to work due to an accident? 

Only 80% of your taxable income. 

Do you know what your taxable income was for the last financial year?

Now what do you get from ACC if your are sick and unable to work? 

0% nothing, zilch!

ACC Coverplus levies

What is the alternative?

ACC has a product called CoverPlus Extra. On this product, you are able to agree on your level of cover from a minimum of $25,544 to a maximum of $97,650.

Let’s look at an example of what we can do:

Jason has been a builder for 5 years and recently decided to start his own building company. Below is an example of what his ACC levies would be as well as the cover he would receive. Notice that ACC will not pay weekly compensation if Jason falls ill.

Current Situation

Accident Cover per Month
Illness Cover per Month
Annual Premium

ACC CoverPlus

$5,333

$0

$3,588

Combining ACC CoverPlus Extra with Private Insurance

By reducing Jason’s ACC cover and taking out private insurance we are able to put him in a better situation whether he is sick or if he has an accident. This will only cost Jason $47 more per year! 

Accident Cover per Month
Illness Cover per Month
Annual Premium

ACC CoverPlus Extra

$2,041

$0

$1,833

Income Protection

$628

$1,112

$494

Mortgage Repayment

$3,033

$3,033

$1,297

Total

$5,702

$4,145

$3,625

This is provided by way of general information only and is not to be relied upon as a substitute for obtaining legal, tax or other advice on the specific circumstances of the individual or business. This is provided for information purposes and does not form part of or summarise the terms of any contract of insurance, and does not constitute an offer of insurance.