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Kia ora Sarah. I've reviewed your recent home purchase, your KiwiSaver, and your last three claims. There's one thing worth talking through together — your income protection. Your locum income has grown 18% year-on-year, but cover hasn't been updated since 2023. Want me to model a few options?

Home & contents · 12 Aro StIncome protection terms (2023)KiwiSaver · MAS Growth
Yes please — but I don't want to just buy more cover by default. What's a sensible adjustment for someone in my situation?

Good instinct. As a GP in your 30s with a stable PAYE base plus locum work, two changes usually outperform "just add more cover": 1) Move from indemnity to agreed-value income protection — locks in your current earnings, protects you from a future drop. Premium impact: roughly +$28/month. 2) Reduce your wait period from 30 → 14 days. Your contents and emergency fund cover the first two weeks comfortably. Premium impact: +$11/month. Leaving sum insured unchanged. Net: ~$39/month, and your effective replacement ratio rises from 75% to about 82% of total earnings. Want a draft adjustment to review?

Locum income (2024–2026)Cohort: GPs aged 30–39

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