New Zealand on Coronavirus coverage

New Zealand on Coronavirus coverage

While I have posted several posts on this issue for Australia, I have been asked to comment on the position for insurers and insureds in New Zealand both by readers in New Zealand and underwriters based in Australia who are responsible for New Zealand.

First up, Coronavirus (COVID-19) is a notifiable disease in New Zealand with it being regulated as such earlier than Australia.

With the help of LMI and our New Zealand team, headed by Tony Howie, I would advise that some New Zealand policies have a broad exclusion for losses resulting from any infectious animal or human disease.

Others exclude losses arising from a disease notifiable under the Health Act 1956 or the Biosecurity Act 1993. Both these Acts are still in effect.

As with Australia, a comparison between wordings is available from the PolicyComparison NZ website.

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