Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Quakes a reminder about being prepared

Quakes a reminder about being prepared

Karen Stevens, Insurance & Savings Ombudsman, states “The recent earthquakes are reminder to us all that we need to check we are prepared for earthquakes. This includes checking our insurance cover. We know through our experience of dealing with insurance issues in Canterbury, that there are a number of things people can do to help themselves.”

The Insurance & Savings Ombudsman Scheme has dealt with a number of complaints relating to insurance claims as a result of the Canterbury earthquakes. Some of these complaints highlighted how small slip-ups with insurance can have a bit impact. Common issues people contacted the ISO Scheme about were: lapsed policies (lapse), confusion about what was covered under the policy (scope of cover and scope of cover 2 ), lack of documentation/ proof of ownership and failure to document the damage.

Ms Stevens, explains “the four things people can do to help themselves is:

1)    Make sure your insurance premiums are paid and you have renewed your policy.
2)    Read your policy to ensure you know what you are/ are not covered for.
3)    Document your contents. We suggest people take photos or videos of their possessions, as well as keeping receipts for major items.
4)    If you have suffered damage, call your insurer and document everything (make lists and take photos) before you begin cleaning up the damage.”

The ISO Scheme has produced information sheets and FAQ, which are available at www.iombudsman.org.nz about Canterbury earthquakes and other common insurance problems which can help people understand the issues they might face.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news