Keep life moving
Income & mortgage protection
Your income pays for everything else. If illness or injury stopped you working, income and mortgage protection keeps the bills paid and the bank patient while you recover.
What it covers
- Income protection — up to a set share of your monthly income
- Mortgage repayment cover for your biggest commitment
- Choosing waiting periods and benefit periods that fit your savings
Who it's for
Self-employed professionals, contractors, and families whose mortgage depends on one or two incomes.
Common mistakes we see
- Relying on ACC alone — it covers accidents, not illness, and illness is the more common reason people stop working.
- Choosing the cheapest premium with a waiting period you cannot actually survive.
- Self-employed buyers under-declaring income, which shrinks the benefit exactly when it is needed.
Questions to ask before you buy
- Is my cover 'agreed value' or 'indemnity' — and how would my income be proven at claim time?
- How long does my policy wait before payments start, and could my savings bridge that gap?
- Does my cover respond if stress or burnout stops me working, not just physical illness?
How we help
We match waiting periods to your savings, explain how self-employed income is assessed before you claim, and stay involved at claim time to handle the insurer for you.
“As a self-employed builder I thought this cover was out of reach. Eduard structured protection around my real income, and the premium fit my budget.”
Common questions
How much of my income can I insure?
Most policies cover up to about 65% of your pre-tax income. The goal is enough to keep your commitments paid, without removing your reason to return to work.
What is the difference between agreed value and indemnity cover?
Agreed value pays the amount fixed when you bought the policy. Indemnity pays a percentage of your income at claim time — cheaper, but risky if your income has dropped or is hard to prove.
I'm self-employed — how is my income assessed?
Insurers typically look at your latest financial statements or tax returns. We help you set the cover up properly now so the paperwork is ready if you ever claim.
What waiting period should I choose?
The longest gap your savings and sick leave can comfortably bridge. A 13-week wait often cuts the premium meaningfully compared to four weeks.
Does ACC make income protection unnecessary?
No. ACC covers accident injuries only — not illness, back problems or burnout, which are among the most common reasons people stop working.
Related services
This is general information only, not personal financial advice. MFSS Limited FSP1004620, trading under SHARE FSP683711. See our disclosure statement. ↗