Property products
Natural Disaster Deductible Buydown
This cover allows you to reduce the excess that you would have to pay if a claim is made in the event of a natural disaster.
A buyback deductible can be purchased separately or added onto an existing insurance contract
Downloads
Policy wordingCoverage
Limits first-dollar losses
This provision reduces the excess, thereby limiting the initial losses you incur.
The difference between the deductible of the overlying insurance policy and the insured's retention
The policy covers the difference between the deductible of the overlying insurance policy and the insured's retention - in the event of a natural disaster, clients can significantly reduce their out-of-pocket expenses by lowering the deductible they need to pay.
Flexible purchase options
A buyback deductible can be bought separately or added to an existing insurance contract.
Benefits
Setting the standard
Delta is the first underwriting agency in the Asia-Pacific region to receive AM Best’s PA-2 (Excellent) performance assessment for the third year running. This independent assessment evaluates data and processes, business continuity plans, security, people, and culture.
We've got you covered
With over 30,000 risks insured across 18 products in Property, Financial Lines, Technology, Environmental, Commercial Motor, and Specialty lines, Delta underwrites products tailored to the needs of the New Zealand market.
You're in safe hands
Our claims experts boast an impressive average of 12 years of experience. When a loss occurs, Delta's dedicated in-house claims team, equipped with local authority and expertise, steps in. Brokers liaise directly with decision-makers, ensuring a transparent and individualised response.
- Up to $2m buydown sum insured for any one location
- Any property with existing natural disaster cover
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
