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

Want to know more?

We’d love to hear from you. Get in touch with us to learn more about Medical Malpractice & Legal Expenses Defence & Pursuit Cover.