CONTENTS INTRODUCTION INSURANCE AGREEMENTWHAT YOU ARE COVERED FOR AUTOMATIC POLICY EXTENSIONS OPTIONAL POLICY EXTENSIONS EXCLUSIONSHOW WE WILL PAY WHAT WE WILL PAY HOW TO CLAIM GENERAL CONDITIONSDEFINITIONSMaterial Damage Policy • June 27th, 2016
INTRODUCTION WELCOME Welcome to CHUBB. Thank you for selecting us as your insurer. ABOUT THIS POLICY Your Material Damage Policy consists of:1. this policy document, and2. the schedule, and3. any endorsements or warranties that we apply, and4. the information you have provided in the application. YOUR DUTY OF DISCLOSURE When you apply for insurance, you have a legal duty of disclosure. This means you or anyone acting on your behalf must tell us everything you know (or could be reasonably expected to know) that a prudent insurer would want to take into account in deciding:1. to accept or decline your insurance, and/or2. the cost or terms of the insurance, including the excess.You also have this duty every time your insurance renews and when you make any changes to it. If you or anyone acting on your behalf breaches this duty, we may treat this policy as being of no effect and to have never existed. Please ask us if you are not sure whether you need to tell us about something. EXAMPLES W
ContractMaterial Damage Policy • April 16th, 2019
NZI / NZBROKERS GROUP MATERIAL DAMAGE POLICY In consideration of the Insured named in the Schedule having paid or promised to pay the required premium, the Company named in the Schedule agrees to cover the Insured as set out in this Policy. INSURING AGREEMENT If, during the Period of Insurance, any: ❑ Loss or Damage happens to any Insured Property at the Location; ❑ costs or losses arise for which this Policy is expressly extended; then, subject to the terms, conditions and exclusions of this Policy, the Company will cover the Insured for the Loss or Damage and costs. Subject to the “Goods and Services Tax” Condition and the “Alternative Residential Accommodation”, “Capital Additions”, “Hazardous Substance Emergencies”, “Money”, “Property in the Course of Construction”, “Reinstatement of Amount of Insurance”, and “Seasonal Stock Increase” Memoranda of this Policy, the Company’s liability will not exceed in total during the Period of Insurance the Total Sum Insured and if more
Signoff_1666601_1Material Damage Policy • June 2nd, 2016
CONTENTS INTRODUCTION INSURANCE AGREEMENTWHAT YOU ARE COVERED FOR AUTOMATIC POLICY EXTENSIONS OPTIONAL POLICY EXTENSIONS EXCLUSIONSHOW WE WILL PAY WHAT WE WILL PAY HOW TO CLAIM GENERAL CONDITIONS DEFINITIONS
YourMaterial Damage Policy • June 15th, 2011
Material Damage ContentsMaterial Damage Policy • June 23rd, 2014
