Property products
Material Damage and Business Interruption
Business and property owners need cover for the potential loss or damage to their physical assets and any subsequent business interruption incurred as a result. This could include such incidents as fire, vandalism, theft, vehicle impact, water and electrical damage, and weather events.
Protect your assets and ensure business continuity
Coverage
Business interruption
The policy extends to cover business interruption losses resulting from damage to the property, compensating for lost income and additional expenses incurred due to the interruption of business operations.
Material damage
This cover insures against damage or accidental loss to physical assets, including buildings, contents, plant and equipment, fit-out and stock.
Benefits
Flexible settlement options
Various settlement options, including indemnity value, replacement value, and specific provisions for different types of property.
Additional cover options
The policy includes additional covers such as capital additions, demolition and other costs, expediting costs, and protection costs.
Support for sustainable rebuilding
The policy offers coverage for sustainable rebuilding costs, allowing clients to upgrade buildings with sustainable products. This not only helps in rebuilding but also promotes environmentally friendly practices.
- $11b of New Zealand-wide property
- Up to $25m for any one location, depending on the occupation of the business and its age and construction characteristics
- Some capacity for pre-1935 risks
- Office, residential and light commercial
- Some capacity for higher hazard risks, including locations that have poor claims history or are located in problematic geographic areas susceptible to flooding
- Some capacity for earthquake-sensitive areas such as Wellington, Marlborough and Christchurch
Recent articles
Protecting Your Business: Why SMEs Can't Afford to Overlook Management Liability Insurance
Rising costs, supply chain disruptions, tough economic conditions and increasing regulatory demands put immense pressure and...
Delta Earns Third ‘Excellent’ from AM Best
Delta Insurance Group is excited to share that, for the third year in a row, we've earned a PA-2 (Excellent) assessment from...
Delta International Group partners with Evergreen
Delta International Group is pleased to announce that respected private company investor, Evergreen Partners, has taken a...
Frequently Asked Questions
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua, visit our damage cover page.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua
