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Accident Compensation Act 2001

Management of the Scheme - Purchase of weekly compensation by self-employed persons

208: Purchase of weekly compensation by self-employed persons

You could also call this:

"You can buy weekly money protection from ACC if you work for yourself"

You can ask the Accident Compensation Corporation (ACC) to let you buy weekly compensation if you work for yourself. This means you can get money each week if you get hurt and can't work. You need to have cover under the Accident Compensation Act to do this.

When you make this agreement with ACC, you can decide on different things. You might agree to get less money if you can do some work or if you're still earning money while you're hurt. You can also include money for your family if you die because of an injury. You can choose if you want compensation just for work injuries or for any injuries. You can even set different amounts of money for different time periods.

Remember, there might be some rules about this in the Act that you need to follow. But otherwise, you have a lot of choices in how you set up your agreement with ACC.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM102809.

Topics:
Health and wellbeing > Healthcare servicesWork and jobs > Worker rightsWork and jobs > Workplace safety
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"There's a limit on how much self-employed people have to pay for work accident insurance"

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209: Procedure for reaching agreement, or

"How the ACC and self-employed people agree on weekly payments after an injury"

Part 6Management of the Scheme
Purchase of weekly compensation by self-employed persons

208Purchase of weekly compensation by self-employed persons

  1. A self-employed person may apply to purchase from the Corporation, in accordance with section 209, the right to receive weekly compensation provided in an agreed manner for loss of earnings as a self-employed person for any personal injury for which the person has cover under this Act.

  2. Subject to any regulations made under this Act, but otherwise without limitation, the agreement may include—

  3. provision for the reduction, or progressive reduction, of the agreed level of weekly compensation in the circumstances set out in the agreement, which may include either or both of the following:
    1. circumstances where the person is able to engage in some employment:
      1. circumstances where the person continues to derive earnings while incapacitated:
      2. entitlement to death benefits for the self-employed person's spouse or partner, children, or other dependants if the person dies as a result of a personal injury:
        1. weekly compensation payable for work-related personal injury only or payable for both work-related and non-work personal injury:
          1. specified levels of weekly compensation for specified periods:
            1. any combination of the provisions referred to in any of paragraphs (a) to (d).

              Notes
              • Section 208(2)(b): amended, on , by section 8(1) of the Injury Prevention, Rehabilitation, and Compensation Amendment Act 2005 (2005 No 12).