Compare Income Protection Insurance New Zealand | Compare Income Protection
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Compare
Income Protection
Insurance
New Zealand

Compare income protection insurance policies from New Zealand's top insurers.

100% secure & free — no obligation

Helped over 30,000 Kiwis since 2015
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4.9
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Protect what matters

Your income is your most valuable asset.

If illness or injury keeps you off work, your bills don't stop. Income protection insurance replaces a portion of your salary while you can't earn — protecting your home, family and lifestyle when you need it most.

We'll help you find the right cover.

30,000+
Kiwis helped
4.9
Star rating
100%
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No pressure. Compare at your own pace.

Your bills don't stop when you can't work

Mortgage, rent, groceries, utilities, and loan repayments keep coming regardless of your health. Income protection insurance replaces a portion of your salary so the essentials are still covered.

ACC has limits

ACC covers accidents — not illness, burnout, stress, or long-term health conditions. Income protection insurance fills that gap with monthly payments while you recover.

Salary cover protects your lifestyle

Most policies pay up to 75% of your income while you can't work, so your home, family, and lifestyle don't have to change overnight.

Recovery takes time

Without backup income, many Kiwis return to work too early — which can make recovery longer and more costly. Income protection insurance gives you the room to get better properly.

Your family depends on your income

If your salary stops, the people who rely on you feel it first. The right income protection insurance plan protects them as much as it protects you.

Compare before you choose

Why Comparing Income Protection Insurance Helps You Choose Better

One Size doesn't fit all

Not all income protection insurance plans are equal. Waiting periods, benefit amounts, agreed value vs indemnity, ACC offsets, and exclusions vary significantly across New Zealand insurers. Comparing before you commit can make a real difference to your premium and your payout.

Going Direct to One Insurer Comparing Multiple Plans
You may pay $20/month extra without realising it. Over 20 years, that could become $4,800 more in premiums. You can compare premiums first and choose a better-value income protection insurance plan.
You only see one company's offer. You can compare options from multiple New Zealand income protection insurance providers.
You may miss stronger benefits for a similar price. You can compare benefit amounts, features, and policy terms side by side.
You may choose a waiting period or benefit period that increases your premium. You can compare waiting periods and benefit periods that suit your budget.
You may overlook exclusions or ACC offsets that affect your payout. You can understand key differences in income protection insurance wording before making a decision.
You may commit before knowing what else is available. You can choose the right income protection insurance with more confidence before applying.

Compare first, then choose with confidence.

How it works

Simple as 1, 2, 3.

No complicated forms. No pushy sales calls. Just clear comparisons.

  1. 01

    Tell us your needs

    Answer a few quick questions about your income protection needs.

    2 min
  2. 02

    We compare plans

    We search New Zealand's top income protection insurance providers to find plans that match your needs.

    24 hrs
  3. 03

    You choose, no pressure

    Review your options and decide when you're ready. No obligation.

    Your pace

Take your time. We're here when you're ready.

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What Kiwi families say about us

About us

About Work It Out

workitout.co.nz is a New Zealand comparison platform built to help Kiwis find and compare income protection insurance from multiple New Zealand insurers in one place — quickly, easily, and with confidence.

We're not tied to one insurer. Our goal is to help you understand your income protection insurance options clearly — agreed value vs indemnity, ACC offsets, waiting periods, benefit periods — so you can make a more informed decision before you commit.

  • Compare income protection insurance plans across New Zealand providers
  • Present policies clearly — no jargon, no pressure
  • Help you understand waiting periods, benefit structures, and exclusions
  • Connect you with the right insurer for your income protection insurance needs
Friendly New Zealand income protection insurance adviser at work

Frequently Asked Questions

Everything you need to know about income protection insurance in New Zealand

Income protection pays you a regular monthly amount (typically up to 75% of your income) when you can't work due to illness or injury. Some policies also pay lump sums for accidents on top of monthly benefits. Redundancy cover is usually a separate add-on.
Most insurers will cover up to 75% of your gross income. Look at your fixed monthly costs (mortgage/rent, food, insurances, school fees) — that's your floor. Then add anything else you'd struggle to give up. We'll help you size cover to your actual situation.
Pre-existing conditions are often excluded, especially anything related to the same body system. But each insurer underwrites differently — what one excludes, another may cover with a loading. We compare across all major New Zealand income protection insurance providers to find the best terms for your situation.
Yes — smokers can absolutely get income protection. Premiums are typically higher than non-smoker rates, and most insurers will let you re-rate after 12+ months smoke-free.
With agreed value, your monthly payout is locked in when you take out the policy — no need to prove your income at claim time. With indemnity, the insurer pays based on your income at claim time (so dropping income reduces your payout). Agreed value usually costs more but pays out more reliably for self-employed people.
The waiting period is how long you wait after an event before benefits start (typically 4, 8, 13 or 26 weeks). The benefit period is how long the insurer keeps paying you (2 years, 5 years, or to age 65/70). Longer waiting periods and shorter benefit periods reduce your premium.
Yes — and as a self-employed person it's arguably more important. ACC only covers accidents, not illness, and self-employed Kiwis don't have employer sick leave. Agreed value policies are usually the better fit because your declared income is locked in regardless of how the business performs at claim time.

Ready to protect your family's future?

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