DOES YOUR L IAB I L I TY

I NSURANCE COVER YOU

FOR TH IS ?

I NSURE ONL INE

Liability insurance can be a tricky topic to understand. There are many

types of liability insurance for small businesses in New Zealand to

consider and they all add to the confusion. But not all liability insurance

products are the same. Avoid the pitfalls and ensure your liability

insurance covers are good enough for your business by reading about

what Insure Online's liability insurance products cover, then compare it

to yours.

1 Isn’t liability insurance all the same?

We sell three different liability insurance products. They each serve a

different purpose and they work together to protect your business. We

picked QBE as our insurance underwriter for liability because they are

experts and experienced in this field. We have three liability insurance

products - general liability (covers the public and your products),

statutory liability and employers liability.

2 A customer is injured on my premises, am I

covered?

Our general liability insurance policy, otherwise known as public and

products liability, will cover a business if a customer is injured on your

premises. We provide a choice of $2m, $5m and $10m limits of indemnity.

3 Does your statutory liability policy cover my

business if I unknowingly break any New Zealand

law?

Your business is covered except for the following: Arms Act 1983,

Summary Offences Act 1981, Crimes Act 1961, Proceeds of Crimes Act

1991, Transport Act 1962, Transport (Vehicle and Driver Registration

and Licensing) Act 1986, Aviation Crimes Act 1972 and Inland Revenue

prosecutions.

4 What will your statutory liability insurance policy

pay for?

Our statutory liability insurance policy will pay investigation, witness

and legal defence costs. It will also pay most fines, court costs awarded

against your business and court costs for your business. 

Insurance brokers in Auckland

5 Are my employees covered too?

policy covers your business and your directors, managers, partners,

trustees, and employees.

statutory liability insurance

6 Am I covered if one of my employees brings an

action against me?

Our employers’ liability insurance policy provides cover for accidents

and injuries not covered by the Accident Compensation Commission

(ACC). Under common law, your employees can sue for anything that the

ACC doesn’t cover such as an illness and injury not accompanied by any

physical injury. This includes mental injury such as fright or nervous

shock (which can often result in heart attacks), diseases and illness

brought on over time such as by pesticides and poisoning. Our employers’

liability insurance also covers exemplary damages awarded by a court.

7 What if I have been ordered to pay exemplary

damages or compensation too?

Our employers’ liability insurance policy will pay defence costs to

respond to a claim and a court case. It will also pay settlements and any

damages awarded by a court. This includes exemplary damages. Our

statutory liability insurance policy will pay compensation awarded by a

criminal court for a health and safety claim brought under the

Employment Act.

www.insureonline.co.nz/

Let Insure Online help with your decision about liability insurance for

your New Zealand business.