Empowering self-employed New Zealanders with personalised advice
ACC provides a no-fault personal injury insurance cover to all New Zealanders. We all pay ACC Levies, whether you are self-employed or employed. What many self-employed workers don’t realise is that they have a choice when it comes to how much they pay in ACC levies.
ACC can be an expensive insurance, considering it only covers you for accidents and not illness. ACC restructuring is for self-employed workers to restructure their ACC cover, looking at ways to use the savings towards a more comprehensive cover for both illness and injury. We are just a phone call away.
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ACC Cover Plus Extra
Clarity at claim time, agreed value cover.
Invoiced based on your level of agreed cover. Usually results in significant cost savings.
Pays 100% of that agreed cover.
It does not conflict with continued business income.
Pays 100% of benefit as you return to work part-time.
You do not have to prove your loss of income.
ACC Cover Plus (Default)
Invoiced based on your last year’s financial earnings.
Pays 80% of your taxable income based on the last financial years earnings. This is often a downfall for many as your income fluctuates more than an employee’s and can be hard to provide exactly what you earn at claim time.
Will be a reduced pay-out if your business continues to generate income during your time off work or if return to work on a part time basis.
You must prove loss of income.
This is the default scheme you will be automatically entered into when you become self-employed.