Why You Should Regularly Review Your Insurance Cover

Why You Should Regularly Review Your Insurance Cover

Declined. Not Covered. These are not the words you want to hear when something has gone wrong and you need to rely on insurance to help out. But if you have not regularly reviewed your risk profile and insurance requirements, notified your insurer of changes to your...
Ever Heard of the Building Defects Exclusion?

Ever Heard of the Building Defects Exclusion?

Following the leaky homes crisis of the early 2000s (many would say it is still ongoing) insurers wanted to limit their exposure to what they saw as the substantial risk of claims from external water penetration into buildings. They saw this as a risk that was just...

Contractors Bonds Explained

A COVID-19 related policy change earlier this year saw Kainga Ora begin to accept surety-backed bonds rather than just bank-backed ones. This has great benefits for contractors and accelerates a trend seen across the market towards bonds in lieu of retentions. If you...