If you are self-employed, as a lot of farmers are, you can decide to 'upgrade' your ACC cover to ACC Cover Plus Extra.
In deciding which cover is right for you, it’s best to weigh up the differences between the two ACC options.
Both ACC covers will compensate you for loss of earnings when you are unable to work because of an injury, regardless of whether it is work related or not. But there are three key differences between the two plans;
- Amount of Compensation
- ACC Levies
- Waiting Period
If your income fluctuates you may be best to investigate ACC Cover Plus Extra further as this can provide you more certainty of cover - so that you know what you'll receive at claim time. With Cover Plus Extra, you could also potentially reduce your ACC levies.
The savings you make by reducing your levies can fund your private insurance. By spending the same amount of money you will get a more comprehensive plan that will cover you in case of accident or illness.