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Key Person Start-Up Cover

If you or a key person become disabled and unable to work we'll pay you a monthly benefit to compensate for any business losses.

Why do I need key person start-up cover?

Key Person Start-Up Cover is specifically designed to protect new small businesses from the financial impact caused if you or a key person is unable to work due to an illness or injury, by providing pre-agreed monthly payments to ensure your business stays afloat while you or a key person recovers.


This brochure is for information purposes and is a summary only. Please refer to the policy wordings for our full requirements and eligibility criteria. The content is intended to be of a general nature, does not take into account your financial situation or goals, and is not a financial advice service. It is recommended you seek financial advice which takes into account your individual circumstances before you acquire a financial product. This brochure is based on information current as at August 2022 and is subject to change.

It provides the following benefits:
It provides the following benefits:

Total Disability Benefit

A monthly benefit if you are unable to work due to becoming disabled as a result of an illness or injury.

Recurrent Disability Benefit

We'll waive your waiting period if your disability recurs within six months of going off claim.

Death Capitalisation Benefit

Additional one-off lump-sum payment if you or a key person dies while on claim.

Optional Partial Disability Benefit

A partial benefit if you're only able to work in a reduced capacity.

Other business covers
Other business covers

Life Cover

We'll pay you a lump sum if you or a key person dies or is diagnosed with a terminal illness.

Trauma Cover

We'll pay you a lump sum if you or a key person suffers from a defined serious illness.

Complete Disablement Cover

We'll pay you a lump sum if you or a key person within your business becomes completely disabled through illness or injury.

Business Overheads Cover

Monthly payments of eligible business overheads if you're unable to work due to disability as a result of illness or injury.

Contact us
Contact us

Find the right cover for you

To make sure you choose the right cover for your needs, you'll need the help of a qualified Financial Adviser. We can connect you with an Adviser near you. Leave your details and someone will give you a call for a quick, no-obligation chat about your personal insurance needs.

Your insurance is underwritten by Chubb Life Insurance New Zealand Limited (Chubb Life). Chubb Life has an A (Excellent) financial strength rating given by A.M. Best Company Inc. A summary of the rating scale is: A++, A+ Superior | A, A- Excellent | B++, B+ Good | B, B- Fair | C++, C+ Marginal | C, C- Weak | D Poor | E Under Regulatory Supervision | F In Liquidation | S Suspended. For the full rating scale and more rating information visit