ACC CoverPlus Extra

ACC CoverPlus Extra puts you in control. It is designed to give you an agreed amount of lost earnings cover. This way you know exactly how much you will receive each week if you are injured and cannot work - whether the injury is work related or not.

If you are self-employed or a non-PAYE shareholder-employee, you will automatically get all the normal benefits of ACC CoverPlus or ACC WorkPlace Cover. But you may want to raise or lower your level of cover.

ACC CoverPlus Extra lets you negotiate an agreed level of lost earnings cover. Then, if you are injured, you will receive 100% of that agreed amount starting one week after the injury.

Other benefits of ACC CoverPlus Extra include:

-          access to a full range of medical and rehabilitation benefits

-          negotiate the amount of lost earnings cover

-          receive 100% of weekly agreed amount if you cannot work due to injury

-          no need to prove loss of earnings

ACC CoverPlus Extra is a great option if:

-          you income fluctuates

-          personal income is not a true indication of actual earnings

-          your business will still generate income while you are injured

There are options available through ACC CoverPlus Extra to effectively manage your ACC costs and to maximize claims and payouts. Options may include a combination of ACC CoverPlus Extra and income protection insurance cover to maximize your benefits. Please note that individual and business circumstances may differ.

For the most effective solution for your circumstances or to discuss the options for ACC and insurance covers, please contact us on 09 985 2000

	ACC CoverPlus Extra	ACC CoverPlus or ACC WorkPlace Cover
Weekly entitlement	- pays 100% of agreed amount - paid in full, even if business continues to generate income - don't need to prove loss of earnings	- pays up to 80% of previous year's earnings (limits and conditions apply) - will be reduced if your business continues to generate income - must prove loss of earnings
Levies	Calculated using: - the agreed amount of cover - your business activity	Calculated using: - your previous year's liable earnings - for self-employed: levy rates specific to individual role within the business - for shareholder-employees: the company activity
Claims	- your pre-agreed payment starts once claim is accepted - 7 day waiting period	- The level of lost earnings cover is determined after making a claim - 7 day waiting period
All Other entitlements	- Your situation and injury will be unique to you therefore you will get necessary medical treatment and help you need to recover	- Your situation and injury will be unique to you therefore you will get necessary medical treatment and help you need to recover

* Special conditions apply for newly and recently self-employed people and non-PAYE shareholder-employees. Please contact us on 09 985 2000 to discuss this further.

Source: ACC CoverPlus Extra - Quick Guide