Affordable Contents Insurance

As well as the many special benefits automatically included in the FinTel maxi contents insurance policy, you can also choose from a range of optional special benefits (for an extra premium) to broaden your cover.

What special benefits you are insured for:

• CREDIT OR DEBIT CARD FRAUD

If you suffer loss from the fraudulent use of your credit and/or debit card and you cannot reasonably recover that loss from anyone else, we will pay you up to $1,000.



• FATAL INJURY

If you die as a result of injury caused by fire at your house or anyone who has unlawfully entered your house during the period of insurance we will pay your estate $5,000. Your death must be within three calendar months of the injury. We will not pay more than $10,000 during any one period of insurance.



• FROZEN FOOD DETERIORATION

If your refrigeration equipment accidentally stops and your frozen food deteriorates to the point where it is not fit to eat, we will pay you up to the value of that loss.



• GRADUAL DAMAGE

If your contents suffer loss or damage through gradual deterioration, mildew, mould or rot as a result of the leaking of an internal water supply pipe or internal waste disposal pipe installed at the situation, we will pay up to $1,000 to repair the resulting damage (but not the costs of locating and repairing the leak) provided that the leak first occurred during the time that we insure your contents.



• KEYS AND LOCKS

If your house keys or remote door opener(s) are stolen or believed on reasonable grounds to have been illegally duplicated we will pay up to $500 free of any excess to replace them or the locks. We will also pay the reasonable cost of opening any safe following theft or loss of its key or combination.



• NATURAL DISASTER DAMAGE

If your contents suffer natural disaster damage, we will pay the difference between the amount paid under EQCover and the sum insured shown in the certificate of insurance. If you want more information about EQCover please ask us for a brochure, or phone the Earthquake Commission on freephone 0800 508 765.



• NO CLAIMS BONUS

If you have not had any claims with us or with your previous insurer for the last year, you will receive a No Claims Bonus. If during the next two years you also don’t have any claims you will qualify for an Extra No Claims Bonus. Should you make a claim, the No Claims Bonus or Extra No Claims Bonus will be reduced at the renewal following the claim. However, we will increase it at the next renewal if no further claims are made.



• ONE EVENT – ONE EXCESS

If your contents suffer loss or damage for which a claim is accepted and at the same time we accept a claim as a result of the same event for loss or damage to your house or vehicle that are also insured by us, we will only deduct one excess and that will be the highest excess applicable.



• SECURITY ALARMS

If you have installed a passive infra-red security system that protects all the important areas of your house, we will give you a discount off your premium.



• STRESS BENEFIT

If you suffer a total loss of your contents for which a claim is accepted, we will pay you an additional $1,000 for the inconvenience this may cause you.



• TEMPORARY ACCOMMODATION EXPENSES

If your contents suffer loss or damage for which a claim is accepted under this policy or which is covered under EQCover and your house is uninhabitable as a result, we will pay your reasonable temporary accommodation expenses up to $15,000. This includes kennel or cattery fees for your domestic pets. No temporary accommodation expenses will be paid after repairs have been completed or your claim has been paid.



• TEMPORARY STORAGE AFTER LOSS

If your house suffers loss or damage for which a claim is accepted, we will pay up to $2,000 for the reasonable costs of storing your contents if required.



• UNIVERSITY AND BOARDING SCHOOL EXTENSION

This policy is extended to cover your children’s contents while they are attending University or School and staying in University Halls of Residence, a Boarding School Hostel or a private home as a boarder. We will pay up to $5,000. However, if in University Halls of Residence an additional excess of $400 will apply.

 

Optional special benefits:

• BUSINESS TOOLS

If you have selected this benefit we will increase the limit to $5,000 for property from which you obtain financial return whether for profit or not.



• CONTENTS IN STORAGE

If you have selected this benefit this policy is extended to cover your contents while temporarily stored in a securely locked and well maintained building away from the situation during the period shown and up to the sum insured shown for this Optional Special Benefit in the certificate of insurance. An additional excess of $500 will apply.



• CONTENTS IN TRANSIT

If you have selected this benefit this policy is extended to include cover for your contents for loss or damage caused by fire, collision or overturning of the conveying vehicle while they are in transit during the period shown and up to the sum insured shown for this Optional Special Benefit in the certificate of insurance.



• EXTENDED REPLACEMENT

If you have selected this benefit we will pay the replacement or repair costs of furniture, furnishings and home appliances irrespective of age and the present day value of your other contents.



• HOUSE UNDER CONSTRUCTION OR ALTERATION

If you have selected this benefit this policy is extended to cover your contents for damage while your house is under construction or structural alteration during the period shown for this Optional Special Benefit in the certificate of insurance.



• JEWELLERY REPLACEMENT

If you have selected this benefit and have any item or set of jewellery (not including watches) individually shown in the certificate of insurance, we will settle claims for these items by replacement or repair up to the amount specified for these items, provided that you hold a jewellery valuation fully describing the item dated prior to the loss. If you choose not to replace or repair we will pay the present day value up to a maximum of 50% of the items replacement value.



• NO EXCESS

If you have selected this benefit and your house is owner occupied we will not deduct any excess in the event of a claim.



• SPECTACLES, CONTACT LENSES, HEARING AIDS AND DENTURES

If you have selected this benefit and you suffer accidental loss or damage to your spectacles, contact lenses (but not disposable lenses), hearing aids or dentures for which a claim is accepted we will pay for their replacement or repair free of any excess.



• TENANTED PROPERTIES

If you have selected this benefit the additional excess of $400 if your house is let, lent, leased, rented or tenanted to anyone is deleted.
 

Liability protection:

We will cover you for up to $1,000,000 for your legal liability for claims made on you as a result of accidents anywhere in New Zealand which cause property damage.

We will only pay for claims made on you relating to accidents which happen during the period of insurance.

If you have liability cover with us under any other policy then our maximum combined liability for any one claim and during any one period of insurance under all policies is $1,000,000.

What special benefits you are insured for under liability protection:

• BODILY INJURY

Liability protection is extended to cover your liability up to $100,000 arising from bodily injury.



• FINES AND LEGAL DEFENCE COSTS

Liability protection is extended to cover you for up to $100,000 for the cost of defending any charge and any fine or monetary penalty imposed upon you by law (other than under the Health and Safety in Employment Act 1992) as a result of an occurrence at the situation. In addition this Special Benefit will cover your defence costs up to $100,000 for charges or prosecutions under Section 50 of the Health and Safety in Employment Act 1992 unless a barrister of at least 20 years’ experience advises us that you do not have a reasonable prospect of successfully defending the charges. We will only pay for claims for fines or monetary penalties imposed on you as a result of prosecution first notified to you and us during the period of insurance. An additional excess of $500 will apply.



• TENANTS’ LIABILITY

Liability protection is extended to include cover for loss or damage caused by fire, explosion, impact, water damage or accidental breakage of fixed glass, hand basins, sinks, toilet pans and cisterns, forming part of the house where it is occupied but not owned by you.



Important note: This information is a summary only of parts of our policy. Please refer to our policy wording for full details.




Download the Fintel Maxi contents policy document here



Need a quote? Call 0800 801 801