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Insurance brokers available now to help residents understand cover and claims
UPDATED ARTICLE As Northland assesses the damage from this week’s severe weather event, New Zealand’s network of professional insurance brokers is on standby to help those affected navigate claims that may result...Feature
Following weather-related states of emergency in five North Island districts, New Zealand’s network of professional insurance brokers is on standby to help those affected navigate claims that may result. The Insurance Brokers...
IBANZ Forum
Domestic/Lifestyle
QUESTION Our client lives overseas and has a rental property in New Zealand. Following receiving a water bill from TDC for over $14,000 it was discovered there was a leak in the pipe leading from the mains down the driveway to the ...IBANZ Forum
Domestic/Lifestyle
QUESTION We have a client who heard running water coming from under the house and immediately called a plumber to investigate. In order to get to the impacted area, the plumber and subsequently a builder had to remove...IBANZ Forum
NHI/FENZ
QUESTION I have been assisting a <non-client> of mine, who has held their insurance via a direct insurer. Their residential property, along with two others (either side), suffered a landslip in 2023 on their land that sloped...Feature
New Zealanders who dive into property investment as a perceived fast-track to wealth may be unwittingly putting their properties and financial security at risk, by being a ‘little too lax’ when it comes to their...
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A view from the Beehive
Many in the insurance industry are currently involved in preparing to comply with upcoming changes to the Fire and Emergency NZ (FENZ) levy, whether that be staff training about the changes or making sure internal systems will be...Feature
Industry urges awareness after uninsured families lose possessions
A recent residential fire in Remuera has prompted the Insurance Council of New Zealand (ICNZ) to highlight a significant gap in insurance coverage among migrant households. The incident, which occurred in the early morning hours of...FSCL Case Study
Jiya* owned commercial office space that she converted into several office spaces for renting. The insurance for the units was managed by the Body Corporate. In February 2023, one of the office spaces was damaged during the...
IBANZ Forum
NHI/FENZ
QUESTION Hi there, We are in discussion about whether we charge FEL on landlords' contents under a residential body corporate, when it is automatically included as a benefit in the policy wording. Under the policy wording,...
