Liability

Liability

Insures you for your legal liability for accidental loss to the property of others or accidental injury to any other person in connection with your business.  It also provides cover for your legal defence costs.

What we cover

These are some of the benefits automatically included in the FMG Liability policy. 

In the event you do not renew or replace your policy, your cover will be automatically extended until 60 days after the period of insurance ends.

Covers your liability for levies, costs and losses under the Forest and Rural Fires Act 1977, up to $1,000,000. You can also choose a higher level of cover.

Covers your liability for accidental loss or injury arising from your use of your forklifts, fork hoists or fork trucks.

Cover for your liability for accidental loss or injury to any customers or visitors while touring your premises. 

Covers your liability for accidental loss or injury, caused by your use of plant or machinery that’s part of, or attached to, a motor vehicle. This excludes vehicles already covered under the Forklifts, Fork Hoists or Fork Truck benefit. 

Covers your liability for accidental loss or injury in connection with your products, provided you’ve taken all reasonable steps to ensure that they are in good condition and fit for purpose. 

Up to $10,000 of cover for your liability for accidental loss to other people’s property that is in your care. 

Cover for punitive or exemplary damages awarded against you for accidental injury covered by this policy, up to $1,000,000 total for all events during the period of insurance. 

Optional extras

These are some of the Optional Benefits you can purchase for even more comprehensive insurance.

Cover for your liability as a bailee for accidental loss to the property of other’s that’s in your control at your premises. 

Covers your liability for compensatory damages as a result of an employee injuring themselves in connection with your business, provided this isn’t covered by the Accident Compensation Corporation. 

Covers your liability up to $500,000 for accidental loss or injury arising from your use of a harvester. You can also choose a higher level of cover. 

Cover for your liability for accidental loss or personal injury in connection with your work with motor vehicles, internal combustion engines, watercraft not exceeding 8m in length, machinery or equipment and related accessories or fittings, while they are in your possession.

In the event of a covered loss that is likely to lead to further or similar claims, we will pay up to 80% of the client the costs of physically recalling or withdrawing products within New Zealand. Cover is limited to $100,000 in the aggregate for all events during the period of insurance.

Liability cover for accidental loss to the property of others from spraying drift arising from your spraying of herbicides, fungicides or pesticides. This benefit does not cover the actual property being sprayed.

Covers your liability if you’re ordered to pay penalties following prosecutions for unintentional, negligent conduct in connection with your business under various statutes. Where there is cover under this benefit in respect of a health and safety infringement, we will pay up to $2000 for counselling costs.

What we pay

Some benefits have a maximum payment amount specified in the policy wording. All other payment limits will be set out in your insurance certificate.

For the Employer’s Liability and Statutory Liability Optional Benefits reasonable and necessary legal defence costs are included in the payment limits. For any other liability cover reasonable and necessary legal defence costs are on top of the liability limit, up to the value payable under the relevant benefit.

Up to $250,000 of cover for your legal liablity for accidental loss or injury as a result of your removing, weakening or interfering with the support to land or buildings.

Up to $250,000 of cover for your legal liability for accidental loss or injury as a result of you causing accidental loss to any underground services, provided all reasonable precautions and inquiries have been made.

Download policy

Please note this is only a summary of the product and is subject to our specific product documentation. For full details please download the policy wordings using the links below, or you can get a free copy by calling us on 0800 366 466.

 

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