Start Up Income Protection
Start-Up Income Protection is designed to meet the needs of business owners who have been trading for less than three years. It provides a monthly payment if you’re out of action due to sickness or injury.
Business Continuity provides a monthly payment (of up to $50,000 per month) should you or key staff be unable to work more than 10 hours a week, owing to accident or ill health.
Business Life Insurance
Business Life Cover provides a lump sum if you or an insured key person dies. The money can be used to reduce business debt or replace income that would have been generated by the key person.
ACC CoverPlus Extra is an optional product that lets self-employed people and non PAYE shareholder-employees negotiate a pre-agreed level of lost earnings compensation. This way you know exactly how much you’ll receive each week if you are injured and can’t work – whether that injury is work-related or not. If you choose ACC CoverPlus Extra, this will replace your standard ACC CoverPlus product.
Workplace insurance refers to insurance provided to employees by their employer, or offered to employees through their place of work. This type of insurance is sometimes called a ‘group scheme.