Group health and life insurance solutions designed for eligible New Zealand businesses with five or more employees.
Small Business Advantage gives eligible small businesses access to group health insurance benefits usually reserved for groups of 15 or more employees.
Support the health and wellbeing of your team with practical cover options and valuable group benefits.
What your business may access
Cover options
Flexible cover for a growing team
- Comprehensive group health cover for eligible employees.
- Flexible options that can be tailored to your business needs.
- Affordable plans, with access to benefits generally associated with larger groups.
- Options to include eligible dependent children and immediate family benefits, subject to the policy terms.
Why invest in employee health cover?
- Support your people - Provide financial support towards the cost of health cover.
- Strengthen your offer - Add a practical benefit that can support your employee value proposition.
- Extend eligible benefits - Give employees options to explore eligible cover benefits for immediate family.*
*Subject to eligibility, policy terms and the selected cover option.
Is your business eligible?
Your business may qualify if:
- It has a minimum of five employees.
- At least 75% of staff are subsidised by the employer. All staff should be offered the subsidy, although some may choose to opt out.
- The business is not made up of an excluded industry, including legal services.
- The group meets the applicable nib underwriting, eligibility and enrolment requirements.
- Excluded industries / sectors - Customers must not operate in: Legal services, including law firms and legal practices; healthcare or medical services; insurance providers or insurers; financial advisers or advisory businesses.
Eligibility is confirmed as part of the enquiry and proposal process.
A straightforward enrolment process
- Enquire - Contact Small Business Advantage.
- Proposal - Receive tailored cover options.
- Enrolment - Complete the required forms.
- Activation - Cover starts after acceptance and the confirmed commencement date.
- Support- Get ongoing help from the Small Business Advantage team.
Important information
Terms, conditions and eligibility criteria apply. Access to immediate pre-existing condition cover is subject to meeting scheme requirements and enrolment timeframes. Cover is provided under the applicable nib policy terms and is subject to acceptance.
This document is intended as general information only and does not replace the policy wording, eligibility criteria or personalised advice.