Redundancy Protection Insurance
For the breadwinner the family depends on
Redundancy protection insurance quotes tailored to your role, life, and family needs
Friendly, independent advisers (real humans, no hard sell)
Our Providers
Redundancy Protection that backs you.
In today’s tough economy, even the hardest-working people can face redundancy.
If your family relies on your income, the pressure to perform and provide never really stops, yet losing your job isn’t always in your control.
That’s why redundancy insurance can make all the difference. We compare providers across New Zealand, giving you access to multiple quotes so you can protect and support your family through uncertain times.
Want support?
So many advisers promise the dream, then are never heard from again... until the next premiums are due.
Many Kiwis are after someone to support them through the process, and help make the right decision, whether that's changing policies or just staying as is.
We'll organise a free no-obligation coverage review and present several applicable options based on your situation. All you need to do is click get a quote, and fill out the 30 second form.
New to Redundancy Protection?
Our experienced advisers can help ensure your first redundancy protection policy covers your needs, without any additional or surplus costs.
It's a big step to take in your life, and we are here to help you navigate it for the first time.
Do it once, do it right.
How it works
1. Tell Us What Matters
Answer a few quick questions about what kind of cover you’re after, whether it’s health, life, income protection, or all of the above.
2. Receive Quotes and Advice
We’ll provide tailored quotes from trusted insurers, along with clear guidance to help you understand your options and what each policy offers.
3. Make a Decision
With the right information and expert support, you’ll be equipped to choose the cover that best fits your needs, both now and in the future.
Where Protection Meets Peace of Mind
Personalised quotes, real guidance.
We’ll walk you through your best-fit options and make sure you feel confident in your cover.
Trusted by NZ Families
“I honestly didn’t think I needed to check anything. But this helped me spot a big gap in my cover — and I sorted it in a few days. Super simple, no pushy calls.”
JOSH T.
Builder, Tauranga
“I thought my work cover was enough, turns out it barely covered anything outside of an accident. My Adviser made it super easy to check and fix that. Genuinely helpful.”
RACHEL M.
Young professional, Wellington
“I’d put off thinking about insurance for years. This tool made it easy to get clear, and now I know my kids will be okay if anything happens.”
MEGAN L.
Solo parent, Christchurch
About us
At Insurance New Zealand, we connect everyday Kiwis with experienced insurance advisers who offer genuine, personalised support.
Whether you’re looking for life, income protection, or other types of cover, we take the time to understand your needs and walk you through the best options, so you can make confident decisions without the confusion.
Redundancy Protection FAQs
What is redundancy protection insurance?
Redundancy protection insurance provides a monthly benefit if you’re made involuntarily redundant (your role is eliminated by your employer) and can help you cover living costs such as mortgage repayments while you look for new work.
How does redundancy insurance work?
You pay premiums on a policy that includes redundancy cover, and if you meet the eligibility criteria (e.g. involuntary redundancy after a qualifying period), the insurer pays a monthly benefit for a set period - often up to three to six months.
When does redundancy insurance pay out?
Benefits usually begin after any waiting or stand-down period (for example, a 30-day wait and/or a qualifying period from when the policy started). This means you must be unemployed due to redundancy, and the policy must have been active long enough before your job loss.
How long do payments last?
Typical redundancy cover pays monthly benefits for up to six months, though specific durations vary by insurer and product terms.
Who is redundancy insurance for?
It’s mainly for full-time employees - redundancy insurance usually isn’t available to part-time workers, contractors or self-employed people unless a specific product allows it.
Does redundancy cover voluntary redundancy or resignation?
No - redundancy insurance usually pays out only for involuntary redundancy (where your position is eliminated through no fault of your own). Voluntary redundancy or quitting generally doesn’t qualify.
Can I have redundancy insurance with other products?
Yes - redundancy cover is often offered as an add-on to income protection or mortgage protection policies rather than a standalone product with some insurers.
How much can I receive?
Policies typically pay a set monthly benefit (either a percentage of your income or a flat sum) for the benefit period - this varies by insurer and product terms.
Do I need redundancy cover if I have savings or WINZ support?
Redundancy insurance is a financial buffer that can help cover costs while you look for work; it is not a replacement for savings or government support, and those resources may still play a part in your financial plan.
Honest quotes. Advice you can trust.
We’re here to make insurance straightforward, real conversations, plain-English guidance, and recommendations designed around what matters most to you and your family.
Get personalised advice from someone who understands your goals and helps you choose the right cover, without pressure or sales tactics.
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