ACC CoverPlus Extra (CPX)
CoverPlus Extra (CPX) is optional cover that lets you to choose how much of your income you want to be covered if you have an accident and can't work.
Understanding ACC Cover
New Zealand's Accident Compensation Corporation (ACC)
New Zealand’s Accident Compensation Corporation (ACC) is a government-run insurance scheme that provides financial compensation to individuals who are injured and unable to work due to an accident. Whether you’re an employee or self-employed, ACC helps cover lost income and medical costs if you suffer a work-related or personal injury.
However, if you’re self-employed, a contractor, or a business owner, your ACC cover isn’t automatic or straightforward. The standard option—ACC CoverPlus—bases your compensation on your previous year’s earnings, which can lead to fluctuating levy costs and unpredictable payouts.
This is where CoverPlus Extra (CPX) comes in.
CoverPlus Extra (CPX) offers a smarter, more predictable way to manage your ACC levies and protect your income in the event of an accident. By choosing a pre-agreed cover amount, you gain control over your levies and ensure a faster, simpler claims process when you need it most.
The Tailored ACC Cover Option
What is CoverPlus Extra?
CoverPlus Extra (CPX) is a customized ACC option that allows self-employed individuals and contractors to pre-agree on a fixed level of income cover. Instead of relying on fluctuating income assessments, you choose your own compensation amount in advance, ensuring certainty, stability, and potentially lower levies.
Key Benefits of CoverPlus Extra:
-
More predictable ACC levies – Pay only for what you need
-
Guaranteed compensation if you’re injured – No income review required at claim time
-
Faster claims processing – Receive payments without delays
-
More financial control – Structure your cover to align with your business and lifestyle needs
By choosing CoverPlus Extra, you reduce the uncertainty of ACC CoverPlus and gain a streamlined, customised income protection plan.
How Does CoverPlus Extra Compare to Standard ACC Cover (CoverPlus)
Feature Table Below
Who Benefits Most from CPX?
💼 Self-Employed Business Owners – If you own a small business, CPX helps you stabilize your ACC costs and ensures consistent compensation in case of an accident.
🛠️ Tradespeople & Contractors – Builders, electricians, plumbers, and other skilled professionals often face fluctuating income. CPX eliminates uncertainty and ensures a predictable payout when needed.
🎨 Freelancers & Creative Professionals – Graphic designers, photographers, writers, and consultants who have irregular earnings can lock in a set compensation amount, avoiding income-based fluctuations.
📈 Commission-Based Professionals – If you work in real estate, finance, or sales, your earnings may vary month to month. CPX ensures a guaranteed cover amount, so your protection isn’t tied to inconsistent income.
🚛 Independent Contractors & Gig Workers – Whether you’re a rideshare driver, courier, or self-employed professional, CPX gives you peace of mind by ensuring your cover stays consistent, even if your workload changes.
Who Should Consider CoverPlus Extra?
If you’re self-employed, a contractor, or a business owner, your income isn’t guaranteed—so why should your ACC cover be unpredictable? CoverPlus Extra (CPX) is designed for individuals who want greater control over their levies, faster claims processing, and certainty over their compensation if they’re unable to work due to an accident.
CPX is a smart option for anyone who:
-
Wants to lower their ACC levies while maintaining essential cover
-
Has fluctuating income and wants stable, pre-agreed compensation
-
Needs faster claim payouts without income verification delays
-
Prefers to structure their cover in a way that aligns with their business needs
Take Control of Your ACC Cover - The Smart Way
I know first-hand how frustrating it can be to navigate ACC as a self-employed tradie. Before becoming a financial adviser, I spent years working for myself—completely unaware that CoverPlus Extra (CPX) even existed. Like many tradies, I assumed ACC was taking care of everything, only to later realise that I was overpaying on levies and still exposed to financial risk if something ever happened.
That’s why I’m so passionate about helping builders, electricians, plumbers, and all self-employed tradespeople take control of their ACC cover and income protection. CPX gives you the power to lower your levies, guarantee your payout, and avoid the hassle of unpredictable claims.
More importantly we can use those savings to obtain private income coverage that extends beyond just accidents. Private Income Protection and Mortgage Protection covers for all Accidents, Illnesses and more ensuring you're covered where you need it.
To make this even more worthwhile, we’re running a special campaign where every tradie who books a CPX review goes into the draw to WIN a Makita 40V Black Drop Saw! 🔥 One draw for every 20 attendees.
Don’t wait until an accident happens to realise your cover isn’t working for you. Let’s make sure you’re getting the best deal on your ACC levies—while giving yourself the financial security you deserve.
Learn Smart ACC Tips + Win a Makita 40V Dropsaw!
OUR 2025 CAMPAIGN
CONTACT US
Together, let's
secure your future!
Level 2, 57 Market Road, Epsom, Auckland 1051
E: info@andersonfinancialservices.co.nz
M: 027-426-6669
OPENING HOURS
Monday: 8:30 - 18:00
Tuesday: 8:30 - 18:00
Wednesday: 8:30 - 18:00
Thursday: 8:30 - 18:00
Friday: 8:30 - 18:00
Saturday: 8:30 - 13:00
Sunday: 8:30 - 13:00