Manufacturing Business Rules | Lion | Company | Insurances

Income Protection

Certification	Certification Requirements	Upload Requirements	Examples
Income Protection Insurance	Insured name that is displayed on the document must match that registered and NZBN needs to match what has been registered in the system. If it doesn't match, government certified evidence must be provided to link the NZBN and names together. This is ideally a letter or download from NZBN showing the linkage; We can accept ‘PTY LTD’ or ‘(Pty) Ltd’ in lieu of ‘Proprietary Limited’ when this is the only difference in the company name between what’s shown on company compliance paperwork verse what’s shown in onsite. There is no minimum amount for Income Protection and the amount does not need to be recorded Must be current Must specify Income Protection or Accident and Sickness	Issue Date = Start of coverage date listed on policy Expiry Date = Coverage end date listed on policy (If the policy is paid on a monthly basis the expiry will be set when the next payment is due) Insurer = Insurer will be listed in policy content Policy Number = as specified on the policy Item = Income Protection or Accident and Sickness as specified on the policy Amount Description = not required Amount = not required