Deluxe Income Protection – Indemnity
Total Disability Benefit
If you’re unable to work more than 10 hours a week, we’ll pay up to 75% of your pre-disability average weekly income (less income earned while Totally Disabled and other disability income such as ACC, sickness benefit and benefits from other income protection plans) up top the amount of the Weekly Benefit
Recovery Benefit
As your health improves, you may be able to return to work in a reduced capacity. We’ll pay you a proportion of your Total Disability Benefit if you have been Totally Disabled for at least two weeks and unable to return to full-time work.
Deluxe Income Protection – Agreed Value
Total Disability Benefit
If you’re unable to work more than 10 hours a week, we’ll pay up to 55% of your pre-disability average weekly income (less other benefits such as ACC, sickness benefit and benefits from other income protection plans) up top the amount of the Weekly Benefit. The Agreed Value sum insured is assessed at the time of application – financial information is required at this stage.
Partial Disability Benefit
As your health improves, you may be able to return to work in a reduced capacity. We’ll pay you a proportion of your Total Disability Benefit provided your income is less than 75% of your ore-disability income. You must have been Totally Disabled for at least two weeks and be unable to return to full-time work
