Income Protection and Health Insurance are two very different types of insurance cover. To find out how they are different, read on ...
-
Isn’t Income Protection Insurance the same as Health Insurance?
-
Can I get Income Protection cover if I’m self-employed?
Making sure that you have protection if you can’t work if you are ill or injured is particularly important if you’re self-employed as you are likely to have less of a safety net then employees, with their statutory access to sick and annual leave.
-
Is Income Protection the same as Trauma Cover?
Simply, income protection provides a benefit if you are unable to work due to illness or injury. Trauma cover provides an early lump sum payout if you suffer from a condition specified in your cover policy.
-
Why do I need to insure my income – won’t ACC look after me?
We often hear people saying that their income is covered by ACC, so they don’t need income protection insurance. Unfortunately, this is not the case if you fall ill, and need to take time off work to recover.
-
Do I pay tax on my life insurance pay-out?
The great thing about life insurance payments in New Zealand is that if the owner of the policy is a person, then the payout is tax-free, so what you pay for is what you get. There are some situations though where it gets a little more complex.
-
How long does it take to receive a life insurance policy pay out?
You want to make sure that if you ever need to claim on your life insurance, that it happens quickly and easily. Here are some tips and ideas to help.You want to make sure that if you ever need to claim on your life insurance, that it happens quickly and easily. Here are some tips and ideas to help make the process easier.
