Income protection, in our opinion, is another important insurance cover. Unlike with an accident, if you are unable to work due to illness ACC doesn’t pay you while you are unable to work. It can leave many families without a very valuable income!
Income protection is an insurance policy that replaces some of your income if you’re unable to work due to serious illness or injury. Most policies in New Zealand will provide you with a monthly payment up to 75% of your total income to keep your lifestyle going during recovery
At Penberthy Insurance, we want to help you protect your family but it can be confusing knowing what you need and how much! If you would like to talk to one of our life and health insurance brokers for a personalised review of your insurance needs, visit our website www.penberthy.co.nz.
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