Introduction to Risk & Health Insurance

Life doesn’t always go to plan. Illness, injury, or unexpected events can affect your income, health, and ability to support those who depend on you.

Risk and health insurance are about putting simple protections in place so you can focus on recovery — not financial stress.

What is Risk Insurance?

Risk insurance protects you financially if illness, injury, or death affects your ability to earn or meet your financial obligations.

Provides a lump‑sum payment if you pass away or are diagnosed with a terminal illness.

Pays a lump sum if you’re diagnosed with a serious illness such as cancer, heart attack, or stroke.

Replaces part of your income if illness or injury stops you from working long‑term

Helps cover key household costs if you’re temporarily unable to work.

New Zealand has a strong public healthcare system, but access is often based on clinical priority and waiting lists.

Private health insurance can give you faster access to specialists and treatment, along with greater choice and certainty.

Funded by taxes and available to all eligible New Zealanders.

Treatment is prioritised by clinical need, which can mean waiting for non‑urgent procedures.

Allows you to access treatment sooner and choose your provider.

Health insurance helps cover the cost of private care when timing matters.

ACC provides cover for accidental injuries — including treatment and limited income support.

However, ACC does not cover illness, and payments may not fully replace your income or ongoing expenses.

Risk insurance is designed to complement ACC, helping cover gaps that can still exist.