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Income Protection Insurance

Ensure you can keep living your life even when you’re not earning.

Income protection provides  regular payments whilst you’re unable to work. Most New Zealanders are only entitled to five paid sick days a year, so long term sickness or disability poses a real threat to your financial well being.

Whether you work for someone else or own a business, illness, injust and disability cover can take care of debt repayments whilst you recover.

Between the ages of 30 and 65, 2 out of 5 people will be unable to work for 6 months or more due to sickness or as a result of an accident.

You can use your regular payment to spend however you want, whether it simply helps towards rent, bills and everyday essentials or paying for alternative treatments. We can help design a plan that best suits you and your family’s needs, and that helps reduce the stress while you’re recovering.

What you need to know about our Income Protection

Highlights of what’s included:

  • All Lifestyle Solutions policies are available to all New Zealand residents aged 18-59 working 25+ hours per week.
  • It’s 100% up to you how you spend the regular payments.
  • We offer flexible cover where you decide how long you will want to receive payments for (6, 12 or 24 months). The shorter the payment term you choose, the lower your premium will be.
  • The maximum cover is 75% of your income.

What’ not included:

  • Income protection expires on the anniversary of your policy once you turn 70.
  • Claims that arise from a pre-existing condition you had in the two years before your income protection cover start date are excluded.
  • For some risk occupations, there may be a maximum monthly payout.

Is income protection for you?

If you know you’ll need help with the day-to-day bills and expenses if anything were to happen then it’s a good time to consider getting income protection insurance.

Here are some of the reasons why our customers purchase income protection:

  • They have mortgage payments to cover as well as bills to pay.
  • They have credit card debt and outstanding payments and are concerned that if they weren’t receiving a regular income then they wouldn’t be able to pay the minimum payments. This could make their financial situation unmanageable.

They have a family and are concerned that if they didn’t have a regular income then their family would suffer the financial burden.

Our Satisfied Clients Are Saying...

  • Richard has been my risk management insurance broker for 5 years now. He is so approachable and helpful with any of my questions about insurance or claims. Nothing has ever been a problem and all claims are dealt with quickly and so easily. Richard specialises in working out the very best insurance for my lifestyle situation. I would highly recommend Richard to anyone who needs to get cover or update their insurances.

    Maria P.
  • We first opened our door to Richard some 8 years ago now. We found Richard to be genuine, straight to the point but not over bearing nor abrupt. We were looking at changing up our insurances to find something that suited our family and finances better. Richard put us straight on the right path. We find him reliable, honest and easy to chat with. Richard has also given us fantastic financial advice which has helped us save for the future. We have recommended his business to our friends before and will do again happily in the future.

    Dyson and Karina P.