Understanding how ACC works is crucial for protecting your financial well-being in case of injury. Many Kiwis assume ACC will fully cover their income and medical costs, but there are limitations that could leave you exposed. In this video, we break down how ACC functions, its key restrictions, and what you can do to ensure you’re properly covered.
We explore the gaps in ACC coverage, including who qualifies, how much you can actually receive, and why relying solely on it might not be enough. You’ll also learn about alternative options, such as income protection insurance, that can provide additional security. Whether you’re self-employed or on a salary, this video will help you make informed decisions about your financial safety net.
Disclaimer: This article is intended to provide only a summary of the issues associated with the topics covered. It does not purport to be comprehensive nor to provide specific advice. No person should act in reliance on any statement contained within this article without first obtaining specific professional advice. If you require any further information or advice on any matter covered within this article, please contact an adviser from mortgagehq.
