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 floorin...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 ...
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...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...
