Income Protection Insurance

Stay Covered During Illness or Injury with Income Protection Insurance

Sudden illness, injury, or accident can immediately disrupt your ability to earn money, causing financial pressure for you and your family. Income Protection Insurance provides that safety net, allowing you to replace part of your income for unexpected illness or accident, in Auckland and the rest of New Zealand. With this insurance in place, individuals can plan on maintaining their lifestyle and cover important bills, while recovering with all the stress of lost earnings taken out of their thought process.

At Infinity Loans, we take an active role and help clients through a full range of income protection plans available throughout New Zealand. We ensure the client receives the best cover to support their personal situation based on their personal income and level of occupation as well as financial goals. Whether you are an employed person, self-employed individual, or running your own business, income protection insurance is there for your peace of mind for that financial stability when the unexpected happens. Throughout New Zealand, including Auckland, people are covered through an income protection policy to protect their most valuable asset – their ability to earn.

Income protection insurance provides peace of mind, and a safety net, so policyholders can concentrate on being well again without worrying about their financial commitments. Infinity Loans works with clients to explain the terms of the policy including waiting periods, benefit periods, and add-on options to create a plan that is right for them.

Why Do You Need Income Protection Insurance?

Income protection insurance is essential to ensure financial stability during periods of incapacity. Here’s why it matters:

Maintain Regular Income During Illness or Injury

Replaces a portion of your salary to continue supporting your lifestyle.

Cover Living Expenses and Bills

Ensures mortgage, rent, utilities, and daily expenses are paid on time.

Support Family Financial Security

Reduces the burden on loved ones during periods of incapacity.

Peace of Mind During Recovery

Provides reassurance that financial commitments remain intact while focusing on health.

Types of Income Protection Insurance

Income protection insurance in New Zealand is designed to cater to various work arrangements and needs:

• Short-Term Income Protection: Covers income for a limited period, typically up to 2 years.
• Long-Term Income Protection: Provides benefits until the policyholder returns to work or reaches retirement age.
• Agreed Value Cover: Pays a fixed, pre-agreed amount, ensuring predictable benefit payments.
• Indemnity Cover: Pays a percentage of actual income earned, reflecting current earnings at the time of claim.
• Business Owner Income Protection: Designed for self-employed or small business owners to maintain cash flow during incapacity.

How Income Protection Insurance Supports Long-Term Security

Income protection insurance helps maintain financial stability, even when work is interrupted. Its benefits extend beyond immediate income replacement:

• Cover Essential Living Costs: Ensures mortgage, rent, bills, and groceries continue to be paid.
• Maintain Financial Planning Goals: Allows retirement contributions, education savings, and investments to remain uninterrupted.
• Support Family Stability: Keeps household finances stable, providing reassurance to dependents.
• Reduce Stress During Recovery: Focuses on health and rehabilitation without financial anxiety.
• Protect Business Continuity: For business owners, income protection ensures ongoing operational stability.

How to Claim Income Protection Insurance

Filing an income protection claim should be straightforward. Here’s how the process works:

1. Notify the Insurer Promptly – Inform them immediately after being unable to work.
2. Submit Required Documentation – Include medical certificates, proof of incapacity, and policy details.
3. Complete Claim Form – Ensure all sections are accurate and supported by evidence.
4. Insurer Verification – Company reviews your claim to confirm eligibility under policy terms.
5. Benefit Payment – Once approved, payments are made regularly to replace a portion of income.

Tips to make claims smoother:

• Keep medical records and income documentation up to date.
• Update any changes to employment or business income.
• Consult an adviser for clarity during claim submission.

Why Choose Income Protection Insurance Services with Infinity Loans

Infinity Loans supports individuals and families across Auckland and New Zealand in choosing income protection insurance tailored to personal needs. Our team ensures that policies align with work arrangements, financial goals, and lifestyle requirements.

• Flexible coverage options for employees, business owners, and contractors.
• Nationwide support across Auckland and other New Zealand regions.
• Transparent guidance on policy terms, waiting periods, and benefit periods.
• Assistance throughout the claims process for timely and hassle-free support.

Protect Your Earnings with Income Protection Insurance

Income is one of your most valuable assets, and protecting it ensures peace of mind during unexpected events. With Income Protection Insurance in Auckland and across New Zealand, individuals and families can maintain financial stability, focus on recovery, and continue to meet financial commitments.

Infinity Loans helps clients navigate income protection options, ensuring coverage meets individual needs and provides maximum security. Take proactive steps today to safeguard your earnings and protect your family’s future with reliable income protection insurance.