ACC Cover

Newsletter (Autumn 2011) article - Now is a good time to review your ACC, some points to watch out for and how you might get a discount

ACC CoverPlus

ACC CoverPlus is ACC's standard personal injury cover for self-employed people. It automatically applies when you start self-employment. It includes 24-hour no-fault cover for work-related and non-work related personal injuries, including access to the full range of medical treatment and rehabilitation benefits and up to 80% compensation for lost earnings.

ACC CoverPlus Extra

ACC CoverPlus Extra is an optional product that lets self-employed people and non-PAYE shareholder employees negotiate a pre-agreed level of lost earning compensation. This way you know exactly how much you'll receive each week if you are injured and can't work - whether the injury is work-related or not. If you choose ACC CoverPlus Extra, this will replace your standard ACC CoverPlus product.


A shareholder-employee is someone who owns part of a 'close' company (shareholder) and also works for the company (employee). Being employed through your own company can mean wearing more than one hat. You have responsibilities as company shareholder, as well as a business employer and an employee, all at the same time.

If you DO NOT work through your own company but you work as a sole trader, in a partnership, or receive withholding or schedular payments, you are considered self-employed.

Experience Rating

They will look at your work claims from the previous 3 levy years. A 'no claims' discount or 'experience rating' discount may apply if no weekly compensation claims have occurred. Discounts could be anything from 10% to 20% depending on billing values.

A loading (increase) may apply if you have had weekly compensation claim(s) with a total duration of more than 70 days, or any fatal claim. The loading percent will depend on claim(s). In extreme cases this could be as high as 20%. Some exception may apply for instance if you are below minimum liable earnings or you do not receive levies each year.

How to pay less

ACC offers a number of ways for business to reduce their levy payments by working to reduce risks in the workplace.

For more information on ACC premiums just give us a call


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