Material Damage insurance with muscle.

Big cover for business assets. Buildings, contents, equipment, stock and more.

Policy perks with punch.

Smash and grab.

If someone breaks into your premises and your work gear or stock gets stolen, we’ll cover the loss. And the mess they leave behind.

Building goes up in smoke.

If a fire takes out your workplace, equipment, or stock, we’ll cover the damage and repairs to get you back on your feet.

Costly costs covered.

If your business premises are damaged or destroyed, we’ll cover  demolition and compliance costs to help you start over. Debris removal. Engineers’ fees. Even building consents and legal fees. 

This information is intended as a guide only. Exclusions and limitations apply. Talk to us about these or refer to the full policy wording.

What’s covered? The good stuff.

What’s included

What’s included

What’s included

Loss or damage to buildings, stock and contents
Burglary with violent or forced entry to your premises
Capital additions cover for acquired buildings, contents, and the value of improvements

Up to policy limit

Employee personal effects and tools of trade

Up to $5,000

Property under construction

Up to policy limit

Redundant plant, stock and spare parts after insured damage
Tenanted premises cover for damaged glass, windows, doors, light fittings and floor coverings

Up to $5,000

Contents and stock damaged in transit

Up to policy limit

Replacement of locks and stolen keys

Up to $5,000

Money cover

Up to policy limit

Optional benefits

Optional benefits

Theft from your premises

Optional extra

Natural disaster damage

Optional extra

Loss to refrigerated goods and stock after breakdown or an unscheduled power cut

Optional extra

What’s included

What’s included

Loss or damage to buildings, stock and contents
Burglary with violent or forced entry to your premises
Capital additions cover for acquired buildings, contents, and the value of improvements

Up to policy limit

Employee personal effects and tools of trade

Up to $5,000

Property under construction

Up to policy limit

Redundant plant, stock and spare parts after insured damage
Tenanted premises cover for damaged glass, windows, doors, light fittings and floor coverings

Up to $5,000

Contents and stock damaged in transit

Up to policy limit

Replacement of locks and stolen keys

Up to $5,000

Money cover

Up to policy limit

Optional benefits

Optional benefits

Theft from your premises

Optional extra

Natural disaster damage

Optional extra

Loss to refrigerated goods and stock after breakdown or an unscheduled power cut

Optional extra

Policy wording

This is just a summary. For a full list of the policy benefits, exclusions and terms, check the policy wording.

Making insurance simple.

Experts on hand.

Our NZ business insurance specialists can help with cover, claims, payments and more. We’re here 8am to 6pm Monday to Friday (excluding public holidays).

No time to waste? We’ll call you.

Book a callback with our biz experts and we’ll get your insurance-y stuff sorted. On your time. 

Easy payments. 

Explore our payment options for businesses and choose one that fits. Sorted. 

Business FAQs. Answered.

We provide replacement or indemnity cover on all business assets insurance policies. That means we’ll either pay to replace what’s covered with something equivalent, or pay what it was worth at the time of the loss, depending on its age. Portable electronic equipment over two years old, for example, is usually covered for its indemnity value. 

We work it out based on the total sum insured. It’s important to insure your commercial building for its full replacement value, and to review that amount each year when you renew. Remember to allow for inflation and factor in rebuild costs such as labour, demolition, professional fees, and compliance costs. We strongly recommend getting an insurance valuation for commercial buildings, to make sure the reinstatement value is accurate.

Our Material Damage insurance covers your contents or stock for accidental loss or damage while it’s being moved around NZ, up to the policy limit.

Need Mobile Assets cover?

Mobile Assets insurance

Backed-up by the goods.

Highly commended in the New Zealand, General Insurer of the Year category for 11 years in a row.

Committed to treating you fairly. Proudly displaying our Fair Insurance Code credentials.

Our AA Financial strength rating means we have a very strong claims-paying ability.