Household Contents Policy
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What?
We have updated references to ‘Natural Disaster’, and ‘EQC’ to match the new names under the Natural Hazards Insurance Act 2023. This means:
- Updating “Natural Disaster” to “Natural Hazard (Natural Disaster)”
- Updating “EQC” to “Natural Hazards Commission Toka Tū Ake”
We have also updated ‘Natural Landslip’ to ‘Natural Landslide’ and re-worded the Natural Landslide definition to match the Natural Hazards Insurance Act 2023.
There is no change in your FMG cover.
Why?
Your policy has been updated to comply with the new Natural Hazards Insurance Act 2023. There is no change in your FMG cover.
When?
This change affects all policies renewing on or after 1 July 2024.
Page and Clause What has changed? Why has it changed? Throughout the policy We have updated references to ‘Natural Disaster’, and ‘EQC’ to match the new names under the Natural Hazards Insurance Act 2023. This means:
- Updating “Natural Disaster” to “Natural Hazard (Natural Disaster)”
- Updating “EQC” to “Natural Hazards Commission Toka Tū Ake”
Your policy has been updated to comply with the new Natural Hazards Insurance Act 2023.
There is no change in your FMG cover.
Page 29 – Definition of Natural Hazard We have updated ‘Natural Landslip' to ‘Natural Landslide’ and re-worded the Natural Landslip definition. These amendments are to match the Natural Hazards Insurance Act 2023.
There is no change in your FMG cover. -
What?
We have removed cover for accidental loss caused by terrorism.
Why?
Your policy has been updated to remove any ambiguity as to the applicable FENZ Levy under new legislation, which comes into effect from 1 July 2026.
When?
This change affects all policies renewing on or after 1 July 2026.
Page and Clause What has changed? Why has it changed? Page 12, Clause 2.25 – We cover loss from terrorism.
Page 18, Clause 10.3 – You are not covered for confiscation, nuclear materials, terrorism or war.
We’ve removed the automatic benefit that covered accidental loss caused by terrorism.
To remove any ambiguity as to the applicable FENZ Levy under the Fire and Emergency New Zealand (Levy) Regulations 2024 and Fire and Emergency New Zealand Act 2017.