Employee Benefit Scheme

Ideal for businesses with 10 or more staff looking to provide fully subsidised insurance cover.

What Is an Employee Benefit Scheme?

Employee Benefits Programmes are ideal for businesses with 10 or more staff looking to provide fully subsidised insurance cover. Through Bay Insurance, organisations of all sizes across New Zealand can offer valuable group insurance benefits to support employee wellbeing.

These policies offer discounted group rates, minimal paperwork, and often include cover for pre‑existing conditions. Medical cover gives employees faster access to private healthcare, while income protection and life cover provide financial security if illness, injury, or death occurs. Cover is arranged on a group basis, with premiums paid by the employer for all eligible staff—helping attract, retain, and protect your workforce.

Is This Scheme Right For Me?

Employee Benefits Schemes are ideally suited to businesses with a stable workforce looking to strengthen their employment proposition beyond base salary, typically companies with ten or more staff, where the group size is large enough to access meaningful discounted rates and streamlined underwriting.

They work particularly well for employers in competitive hiring markets, such as professional services, technology, or healthcare, where candidates weigh total remuneration packages rather than salary alone. The scheme is most effective when staff turnover is relatively low, since the value of benefits like pre-existing condition cover and income protection compounds over time for longer-tenure employees.

Employee Benefits Typically Include:

Group Medical Insurance

Life & Trauma Cover

Income Protection Cover

Protecting What Matters To You, Matters To Us.

“At Bay Insurance, we proudly support our countless clients with their health insurance needs every day. The close relationships we form with our customers is why I love working here.”

Kathryn Lemoto, Advisor

What Our Clients Say

Insurance policies can be complex. We understand that you may feel overwhelmed, and we want to create clarity to ensure you receive the best policy, that delivers on both coverage and value

    
 
 
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   Phil Strang 
 
 
 
  We have used Bay Insurance for several years now. Barry and his team have been professionals to deal with and have provided exceptional service attending to some claims we have had. On the back of recommendations to four or five friends, family, and associates, Barry has secured further business and reports back are that they, too, are very pleased with the service and value. Bay Insurance provide some unique wording in their policy's so as to provide better cover, and whilst premiums may not necessarily be cheaper, the cover and service experience offers better overall value for money.
  
 
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   Su-an McMahon 
 
 
 
  Been with Bay Insurance and Mark since moving to the BOP 16 years ago!! Never once been anything other than SUPER impressed.  Always so much care and consideration given to us and our business.  Always a pleasure team, always xxx
  
 
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   Sean O'Sullivan 
 
 
 
  Great business to deal with.
  
 
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   Andy Kennedy 
 
 
 
  Great service
  
 
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   N S 
 
 
 
  Awesome service always, specially Kate and Angela, they go out of their way to find all the info you need to also save you $$. Very easy to deal with .
  
 
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   Graham Jones 
 
 
 
  Very good . 10/10
  
 
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   Ian Sherwood 
 
 
 
  Good brokers to look after your insurance needs
  
 
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   Logan Rushton 
 
 
 
  Since moving to Tauranga in 2019 we have found Lydia and the team at Bay Insurance Brokers super helpful. They recently arranged moving some insurance papers with another Tauranga insurance company. I would not hesitate to recommend Bay Insurance Brokers to the community!