New Zealand

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.

Overview

This type of provision limits the first-dollar losses that you incur by reducing the excess. A buyback deductible can be purchased separately or added onto an existed insurance contract.

Risk Appetite

Any property with existing natural disaster cover.

Territory/Jurisdiction

New Zealand

Capacity

Up to $2m buydown sum insured for any one location

Downloads

Policy Wording

Want to know more?

Talk to your broker to learn more about Natural Disaster Deductible Buydown Insurance, If you're a broker, get in touch.

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