Business Insurance
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Most small/medium business' in NZ are under insured and under prepared for events that could see the owner/operator unable to perform the required duties. Does this sound like you?
Even a partial disability over an extended period of time could have disastrous effects on your business if appropriate cover is not in place. You may have insurances in place, but this does not necessarily mean the cover is relevant or up to date. Business Insurance Products we advise on are: ACC CoverPlus Extra 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 the injury is work-related or not. If you choose ACC CoverPlus Extra, this will replace your standard ACC CoverPlus product. |
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THE BENEFITS OF ACC COVERPLUS EXTRA ARE:
You can tailor the level of cover for lost earnings to suit your own personal circumstances, subject to ACC underwriting.
If you make a claim, there is no need to prove your earnings, as the weekly compensation has already been agreed. This means that you may receive your weekly compensation quicker.
You will receive 100% of the amount of the agreed lost earnings compensation until you are fit for full-time work.
Key Person Insurance
This benefit is suitable for small to medium size businesses and partnerships. In a small business, one or two people may be key revenue generators. The survival of that business may be at stake if they are unable to work and hence generate revenue. Key Person Cover gives the business time to recover and/or put in place appropriate measures to keep it running. The business can use the benefit in any way it chooses.
Business Life Cover
Every day you face a wide range of risks to your personal wellbeing and lifestyle. Life Assurance helps you minimise the financial impact of death or terminal illness. Life Assurance is designed to provide security for a wide range of financial commitments by paying a lump sum on your death. This essential form of protection can be used for a variety of purposes.
Start-Ups Income Protection
Start-Up Income Protection can provide a monthly benefit payment to help you get back to your business, should you become disabled as a result of an accident or ill health, and be unable to work more than ten hours a week. It’s designed to meet the needs of business owners who have been trading for less than three years and who may find it difficult to prove the profitability of their business.
You can tailor the level of cover for lost earnings to suit your own personal circumstances, subject to ACC underwriting.
If you make a claim, there is no need to prove your earnings, as the weekly compensation has already been agreed. This means that you may receive your weekly compensation quicker.
You will receive 100% of the amount of the agreed lost earnings compensation until you are fit for full-time work.
Key Person Insurance
This benefit is suitable for small to medium size businesses and partnerships. In a small business, one or two people may be key revenue generators. The survival of that business may be at stake if they are unable to work and hence generate revenue. Key Person Cover gives the business time to recover and/or put in place appropriate measures to keep it running. The business can use the benefit in any way it chooses.
Business Life Cover
Every day you face a wide range of risks to your personal wellbeing and lifestyle. Life Assurance helps you minimise the financial impact of death or terminal illness. Life Assurance is designed to provide security for a wide range of financial commitments by paying a lump sum on your death. This essential form of protection can be used for a variety of purposes.
Start-Ups Income Protection
Start-Up Income Protection can provide a monthly benefit payment to help you get back to your business, should you become disabled as a result of an accident or ill health, and be unable to work more than ten hours a week. It’s designed to meet the needs of business owners who have been trading for less than three years and who may find it difficult to prove the profitability of their business.
