Expert comparisons of NZ health, life & disability insurance

Income portection insurance-1

Income Protection Insurance

Policywise tells you which income protection
insurance best matches your circumstances,
100% free.

By yourself   With Policywise
Complicated fine print Simple one-page summary
Guesswork & assumptions Independent research & expert experience
Confusion & doubts Clarity & assurance
Time-consuming hard work Fast & easy

Here's what our customers say about us

These reviews are embedded here from, an independent third party website, so you can know that what you see is exactly what our customers have written, unfiltered by us.

Income Protection

Income Protection Insurance comes as a fantastic benefit that helps the working people protect their most significant asset, which is their ability to earn an income. Most New Zealanders take for granted the ability to earn an income until it has been taken away from them and their family due to severe illness or disability.
The sums insured are calculated based on the average annual income of the person who wants to be insured, while the percentage of income that will be covered will be analysed by our financial advisors based on the needs and preferences you have.
With life uncertainties, each of us is just an illness or a disability away from emptying our pockets. Don’t let your illness or disability strike you twice by protecting your income. Secure yourself and your family in case this happens. Just let our financial advisers know about your situation and income and they can surely help you.


Who can get covered? Anyone who is a New Zealand Citizen or Permanent Resident can get covered.
How much will it cost me to get Income Protection? The amount of premium depends on several factors: age; gender; smoking status; occupation and; average annual income. Get quotes or book a meeting here to get an idea of how much it will be for your current status.
Can I choose the length of time I want to get claim payments? Definitely, most insurers have the following options: 2 years; 5 years; until age 65 and; until age 75, which is also known as the benefit period. Benefit period is the maximum length of time you could receive the benefit under your cover provided that you continue to meet the claiming criteria of your policy. The shorter the benefit period is, the lower the premiums are. Most people choose till age 65 to maximise the benefit, but it’s all up to the circumstances you have. Click here to know more.
What is a Wait Period? Wait Period is the length of time you have to wait before your income protection starts paying out. It could be 4-week, 8-week, 13-week or longer wait periods. The longer you wait, the cheaper the premium is. Consider your emergency fund and your ability to pay premiums when choosing the right length of time for you. Click here to know more.
How much could I get? Depending on your circumstances, our advisors will determine the amount that would be best for you. It is based on the average annual income you have and your ability to pay the premium as well. Get quotes or book a meeting here to get an idea of how much it will be for your current status.
How are the benefits paid out? You will receive monthly installment benefits which are well designed to replace your lost income in case you are unable to work due to severe illness or disability Click here to know how much you’ll get monthly based on your income.
Will it cost me money to get your expert advice and assistance? No. Definitely not. Our expert advice and assistance are free. The price we quote you is exactly what you’ll get when you go directly to the insurer.
Is Income Protection tax-assessable? No. Unlike other brokers, we only recommend non-tax-assessable products for you to get maximum benefits out of your premium. In this way, we can get the best value for your money.
What are my payment options? Most insurers would let you pay through Direct Debit or Credit Cards. There are different payment frequencies available too like weekly, fortnightly, monthly, quarterly, and yearly. Most people choose fortnightly, but you can choose whichever you think suits you best.
What happens if I don’t pay my premiums on time? Usually, insurers will give you time to update your payment details for up to three months. Otherwise, after the said period, your policy will be canceled.
Do insurers offer money-back guarantees? Yes. All of the insurers have a 14-day free look period. Upon receiving your policy document, you have up to 14 calendar days to cancel it and your paid premiums will surely be refunded back to you.
Do I need to update you of the changes in my circumstances? Yes. Please let us know via email anytime so we can update the insurer as well.
Could I get benefits if I lost my job? Absolutely. However, it should be due to your inability to work because of severe illness or injury. Talk to our experts to know more.
How do I file a claim? You can file a claim directly to the insurer or through us, then we will contact the insurer for you. We are also here to help you negotiate the claims you have in case you need any in the future.
I’m not satisfied with my existing cover, can you help me look for a better one? Definitely, we are experts in comparing different insurance providers. Just let us know what your existing cover is, and we’ll match it with something better for your circumstances. Talk to an expert now to know your options.
Can I cancel my cover anytime? Yes, you can cancel your cover anytime you think appropriate. However, we strongly recommend that you keep it for your own protection or for your family’s sake.
What if I have other questions or concerns that are not listed here? That’s not a problem. Just chat with us or click here to book a meeting with an expert.

Click the button to learn more and get protected:

Great, let’s get started

First, some basic info about you…

* All fields are required