Self employed - does your ACC best work along side your income or mortgage protection?
September 4, 2020
If you're self-employed or a contractor you have two options for your ACC cover, either standard CoverPlus or CoverPlus Extra.
Standard cover – CoverPlusYou'll automatically be on CoverPlus. If you've had an accident and can't work, ACC will pay your compensation at up to 80% of your taxable income based on the most recently completed financial year. For example, if you earn $52,000...
Premium structures - what type is right for you?
September 4, 2020
When considering to take out a life or trauma insurance policy you have the choice of how you would like to structure your insurance premiums either through Stepped or Level premiums.
Stepped PremiumsInsurance Premium is calculated on your age, meaning the younger you are the cheaper the cost and that premiums will increase over time.
Level PremiumsInsurance Premium is calculated on an average premium, meaning you might pay more younger but you pay a lot...