Your income is the engine that powers your lifestyle, pays the bills, and supports your loved ones. But what if that engine suddenly stopped? With income protection NZ, you won’t have to rely on savings or family support alone. It provides a reliable backup plan by replacing a portion of your income if you’re unable to work due to injury or illness. For Kiwis who want to stay financially resilient, income protection insurance is a practical, long-term solution.
In New Zealand, 1 in 7 households will experience a serious illness or injury that affects their ability to earn an income. With limited sick leave and ACC only covering accident-related injuries, many Kiwis find themselves financially exposed. Income Protection Insurance NZ bridges that gap, giving you monthly payments while you recover so you can stay on top of mortgage repayments, utilities, and everyday costs without added stress.
Income protection Insurance NZ is a monthly benefit that helps cover your regular expenses if you can’t work due to illness or injury. Unlike trauma cover, which pays a one-off lump sum, income protection pays ongoing support based on a percentage of your income, usually up to 75%. It helps you manage your mortgage, groceries, and other bills during recovery. Whether you're employed or self-employed, this insurance provides peace of mind, especially when paired with mortgage income protection for full coverage.
Income protection insurance NZ provides up to 75% of your income if you’re unable to work due to illness or injury. It covers day-to-day expenses like groceries, bills, childcare, and transport, helping you stay financially stable while recovering.
Mortgage income protection insurance specifically covers your home loan repayments during your time off work. It’s narrower in scope, focusing on keeping your property secure. For many New Zealanders, combining mortgage and income protection insurance offers the best of both worlds.
Income protection insurance NZ typically covers:
It pays a monthly benefit, usually up to 75% of your income, to help with day-to-day expenses. This cover can work alongside mortgage income protection to ensure your essential bills and home loan are both taken care of while you recover.
Injury prevents you from working. The actual amount depends on your salary, benefit period, and selected waiting time. For example, someone earning $80,000 annually could get around $5,000 per month.Injury prevents you from working. The actual amount depends on your salary, benefit period, and selected waiting time. For example, someone earning $80,000 annually could get around $5,000 per month.
Not sure how much you’re eligible for?
👉 Use our income protection insurance calculator NZ to get a quick estimate tailored to your situation.
Anyone who relies on their regular income to manage everyday expenses should consider income protection insurance NZ. This includes employees, business owners, and contractors who don’t receive extended sick leave. For homeowners, mortgage income protection is also a practical layer of financial security, helping to cover loan repayments during time off work.
Even short-term illness or injury can create financial stress. Income protection helps bridge that gap by ensuring your income continues when you can't work.
Choosing the best income protection insurance NZ depends on your job, lifestyle, and budget. Look for insurers with strong financial ratings, transparent terms, and customisable features such as inflation protection and benefit periods up to age 65 or 70.
Also, consider whether you need mortgage income protection insurance, especially if your home loan repayments would be difficult to manage without a regular income. Comparing policies side by side helps you avoid paying more than necessary for peace of mind.
We make income protection insurance NZ simple and transparent. SK Financial Group helps you choose a cover that fits your career and financial situation, whether you’re self-employed, salaried, or a homeowner juggling a mortgage. Our team compares the best income protection insurance NZ providers and ensures you understand the key terms, so there are no surprises when you need to claim. From policy setup to guidance on income protection vs mortgage protection, we’re in your corner every step of the way.
Protect Your Income, Protect Your Peace of Mind
Life doesn’t pause for illness or injury. With SK Financial Group, you can plan with confidence. Our advisors simplify the process of finding the right income protection insurance NZ so you and your loved ones stay financially secure, no matter what comes your way.
Yes, especially if you rely on a regular salary. Income protection insurance NZ helps cover essential bills if you’re unable to work due to illness or injury.
Income protection NZ replaces part of your salary, while mortgage income protection insurance only covers your home loan repayments. The former offers broader coverage.
You can typically cover up to 75% of your regular income, with some policies offering monthly benefits up to $30,000, depending on your salary.
Yes. Many insurers in New Zealand offer income protection insurance NZ tailored for self-employed individuals, though premiums may be higher.
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