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Business Extra

Business Extra is our unique and flagship business product designed to provide flexibility to meet the needs of most small businesses in New Zealand.

What is Business Extra?

Have you ever stopped to think about what would happen to your business if you suddenly got sick and couldn't go to work? What if it was one of your business partners or an employee with specialised knowledge? How would this affect your business in the short term?

Business Extra is a contingency plan to protect your business should you or one of your key people become sick, disabled or die.


The information provided is only a summary of the product features and terms of cover. 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. The information is current as at August 2022 and is subject to change.

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

A more flexible business insurance solution designed to cover consequences not just events, with fluctuating payments.

Sums insured to cover the financial impact on your business if a key person is unable to work.

Tailor your insurance to your business needs.

Key features
Key features

Monthly payments

Up to $50,000 if you or one of your key staff members becomes sick or disabled.

This means your cash flow is preserved because all of your monthly costs are met at a time when the income of your business has been reduced.

For each feature listed, special terms and conditions apply

Optional partial payments

Partial payments made to your business if you're only able to work in a reduced capacity.

Helps you to ease back into full-time work by making sure that you don't suffer financially.

Lump sum payments

A series of lump sum payments so that you can cover major costs if a return to work is unlikely.

Client benefits

These are additional benefits outside of your normal insurance cover at no extra charge to you. You can apply for them for yourself, your life assured or dependent children.

They include help for a variety of situations, such as:

  • Fitness or nutrition advice to help with your wellness journey
  • Counselling services for situations linked to a life event
  • Addiction services, from gambling to alcohol and smoking
  • General advice whether you need financial, legal or career advice.
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