IBANZ Forum
Liability/Cyber/Product Recall/Crime/Fidelity
QUESTION Could I please have some clarity around an issue that I am dealing with? I have a plumber/gasfitter who offers design work as part of their services. The client mainly works on new build contracts and works alon...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,...IBANZ Forum
Material Damage/BI/Contract Works
QUESTION If a material damage policy states: "This Policy extends to cover any Insured Property (except stock) whilst temporarily removed within New Zealand and whilst in transit to and from that place." and ...
IBANZ Forum
QUESTION We have a client with a large portfolio of individual homes, and they have opted to insure these on defined perils cover and indemnity values. All of the houses' indemnity values exceed $300,000, so we have...
IBANZ Forum
QUESTION I have a client whose existing boat policy (insured elsewhere) is a GST-exclusive policy; therefore, the Levy has been calculated off the GST-exclusive price. Now I am obtaining some quotes, and these...
IBANZ Forum
QUESTION We have a discussion going on about just completed spec homes, that are unoccupied. Do these qualify as a dwelling, and therefore have NHCover available to them? I can't find a specific...
IBANZ Forum
Material Damage/BI/Contract Work
QUESTION I was of the understanding that under Section 269 of the Property Law Act 2007 that tenants could NOT be held liable for the Landlord's commercial insurance policy excess. I have recently seen lease...IBANZ Forum
QUESTION Hi - after recommending a client who is a retiring plumber continue with public liability for an annual term after retiring, I received this response from their solicitor. I'd appreciate your thoughts on their...
IBANZ Forum
QUESTION We have a client who carries goods around NZ that he does not own, to show to retailers so that they may order the product directly from the supplier. The suppliers insure the goods whilst in our client's care....
IBANZ Forum
QUESTION We have been experiencing a rapidly growing number of claims where assessors and loss adjustors are displaying a strong bias against the client in favour of the insurers. We all know they are supposed to...
