Free Income Protection Calculator for New Zealanders
Income protection pays a monthly amount if you cannot work due to illness or injury. NZ policies usually cap cover at 75% of pre-tax income to preserve incentive to return to work.
Your situation
$8,000
$
75%
%
35 years
years
Monthly benefit
$6,000
cover, paid monthly while unable to work
Based on a monthly income of $8,000 covered at 75%, age 35, with an 8 week waiting period.
Indicative monthly premium
Annual premium$960
Premium as % of income1.0%
Annual benefit if claimed$72,000
About our Income Protection Calculator
Disclaimer: This calculator is for information only and does not constitute financial advice. Real-world figures may differ due to fees, rounding, rate changes, and policy specifics. Always confirm figures with the relevant provider before signing anything.