Combined Liability Policy Wording: Public and Products Liability - Protecsure
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Combined Liability Policy Wording:
Public and Products Liability
Statutory Liability
Employers Liability
Chubb Combined Liability Policy Wording, New Zealand. Published 01/2021.
© 2021 Chubb. Coverages underwritten by one or more subsidiary companies. Not all coverages available in all jurisdictions. Chubb ®, its respective
logos, and Chubb.Insured.℠ are protected trademarks of Chubb. 1Combined Liability Policy Wording
Important Notices AAA BBB CCC Very SD or D
Extremely Good Weak Selective
In this important notices section "We", "Our" and "Us" means
Strong Default or
Chubb Insurance Limited (Chubb).
Default
"You" and "Your" refers to Our customers and prospective
customers as well as those who use Our website. AA Very BB CC R
Strong Marginal Extremely Regulatory
Duty of Disclosure Weak Action
Before entering into a contract of insurance with Chubb A Strong B Weak NR Not
Insurance New Zealand Limited (Chubb), each prospective
Rated
Insured has a duty to disclose to Chubb information that is
material to Chubb’s decision whether to accept the
insurance and, if so, on what terms.
The rating from ‘AA’ to ‘CCC’ may be modified by the
There is the same duty to disclose material matters to addition of a plus (+) or minus (-) sign to show relative
Chubb before renewal, extension, variation or reinstatement standings within the major rating categories. A full
of a contract of general insurance with Chubb. description of the rating scale is available on the S&P Global
Ratings website.
It is important that each prospective Insured understands all
information provided in support of the application for Our rating is reviewing annually and may change from time
insurance and that it is correct, as each prospective Insured to time, so please refer to Chubb’s website for Chubb’s latest
financial strength rating.
will be bound by the answers and by the information they
have provided.
Privacy Statement
The duty of disclosure continues after the application for
insurance has been completed up until the time the contract This statement is a summary of Chubb’s privacy policy and
of insurance is entered into. provides an overview of how Chubb collect, disclose and
handle the Insured’s personal information. Chubb’s
Consequences of Non-Disclosure privacy policy may change from time to time and where this
occurs, the updated privacy policy will be posted on
If an Insured fails to comply with its duty of disclosure,
Chubb’s website.
Chubb may be entitled, without prejudice to its other rights,
to reduce its liability under the contract in respect of a claim Chubb is committed to protecting the Insured’s privacy.
or refuse to pay the entire claim. Chubb may also have the Chubb collects, uses and retains the Insured’s personal
right to avoid the contract from its beginning. This means the information in accordance with the requirements of New
contract will be treated as if it never existed and no claims Zealand's Privacy Act, as amended or replaced from time to
will be payable. time.
Fair Insurance Code Personal Information Handling Practices
We are a member of the Insurance Council of New Zealand When does Chubb collect the Insured’s personal
(ICNZ) and a signatory to ICNZ’s Fair Insurance Code (the information?
Code). The Code and further information about the Code is
available at www.icnz.org.nz and on request. Chubb collects the Insured’s personal information (which
may include health information) from the Insured when the
Insured interacts with Chubb, including when the Insured
is applying for, changing or renewing an insurance policy
with Chubb or when Chubb is processing a claim, complaint
Financial Strength Rating or dispute. Chubb may also (and the Insured authorises
Chubb to) collect the Insured’s personal information from
At the time of print, Chubb Insurance New Zealand Limited other parties such as brokers or service providers, as
has an “AA-” insurer financial strength rating given by S&P detailed in Chubb’s privacy policy.
Global Ratings. The rating scale is:
Chubb Combined Liability Policy Wording, New Zealand. Published 01/2021.
© 2021 Chubb. Coverages underwritten by one or more subsidiary companies. Not all coverages available in all jurisdictions. Chubb®, its
respective logos, and Chubb.Insured.℠ are protected trademarks of Chubb. 2Combined Liability Policy Wording
Purpose of Collection If the Insured would like to access a copy of their personal
information, or to correct or update their personal
Chubb collects and holds the information to offer products information, want to withdraw their consent to receiving
and services to the Insured, including to assess applications offers of products or services from Chubb or persons
for insurance, to provide and administer insurance products Chubb has an association with, they are to contact the
and services, and to handle any claim, complaint or dispute Privacy Officer by posting correspondence to Chubb
that may be made under a policy. Insurance New Zealand Limited, PO Box 734, Auckland;
If the Insured does not provide Chubb with this information, telephoning: +64 (9) 3771459; or emailing
Chubb may not be able to provide the Insured or the Privacy.NZ@chubb.com.
Insured’s organisation with insurance or to respond to any How to Make a Complaint
claim, complaint or dispute, or offer other products and
services to the Insured or the Insured’s organisation. If the Insured has a complaint or would like more information
about how Chubb manages the Insured’s Personal
Sometimes, Chubb may also use the Insured’s personal Information, they are to review Chubb’s Privacy Policy for
information for Chubb’s marketing campaigns and more details, or contact Chubb’s Privacy Officer at the
research, to improve Chubb’s services or in relation to new details above.
products, services or information that may be of interest to
the Insured. The Insured also has a right to address their complaint
directly to the Privacy Commissioner by telephoning 0800
Recipients of the Information and Disclosure 803 909, emailing enquiries@privacy.org.nz or using the
Chubb may disclose the information they collect to third online form available on the Privacy Commissioner’s website
parties, including: at www.privacy.org.nz.
contractors and contracted service providers engaged Complaints and Dispute Resolution
by Chubb to deliver Chubb’s services or carry out Chubb takes the concerns of its customers very seriously
certain business activities on Chubb’s behalf (such as
and has detailed complaint handling and dispute resolution
actuaries, loss adjusters, claims investigators, claims
procedures that the Insured may access, at no cost to
handlers, professional advisers including lawyers,
doctors and other medical service providers, credit them. To assist Chubb with the Insured’s enquiries, the
reference bureaus and call centres); Insured is to provide Chubb with their claim or policy
number (if applicable) and as much information as possible
intermediaries and service providers engaged by the about the reason for the complaint or dispute.
Insured (such as current or previous brokers, travel
agencies and airlines); Chubb’s complaints and dispute procedures are as
follows:
other companies in the Chubb group;
the policyholder (where the Insured is not the Stage 1 – Complaint Handling Procedure
policyholder);
If the Insured is dissatisfied with any of Chubb’s products
insurance and reinsurance intermediaries, other or services and wishes to lodge a complaint, they are to
insurers, Chubb’s reinsurers, marketing agencies; and contact Chubb via:
government agencies or organisations (where Chubb E Complaints.NZ@chubb.com
is required to by law or otherwise). O 0800 422 346
These third parties may be located outside New Zealand. In F +64 9 303 1909
such circumstances Chubb also take steps to ensure the Post:
Insured’s personal information remains adequately The Complaints Officer
protected. Chubb Insurance New Zealand Limited
From time to time, Chubb may use the Insured’s personal PO Box 734
information to send the Insured offers or information Shortland Street
regarding Chubb’s products that may be of interest to the Auckland 1140
Insured. If the Insured does not wish to receive such
information, they are to contact Chubb’s Privacy Officer Stage 2 – Dispute Resolution Procedure
using the contact details provided below.
If the Insured is dissatisfied with Chubb’s response to
Rights of Access to, and Correction of, Information their complaint, they can advise that they wish to take their
Chubb Combined Liability Policy Wording, New Zealand. Published 01/2021.
© 2021 Chubb. Coverages underwritten by one or more subsidiary companies. Not all coverages available in all jurisdictions. Chubb ®, its
respective logos, and Chubb.Insured.℠ are protected trademarks of Chubb. 3Combined Liability Policy Wording complaint to Stage 2 and referred to Chubb’s dispute resolution team. Chubb’s internal dispute resolution team can be contacted via: E DisputeResolution.NZ@chubb.com O +64 9 377 1459 F +64 9 303 1909 Post: Internal Dispute Resolution Service Chubb Insurance New Zealand Limited PO Box 734 Shortland Street Auckland 1140 Stage 3 – External Dispute Resolution Chubb is a member of an independent external dispute resolution scheme operated by Financial Services Complaints Limited (FSCL) and approved by the Ministry of Commerce & Consumer Affairs. Subject to FSCL’s Terms of Reference, if the Insured is dissatisfied with Chubb’s dispute determination or Chubb is unable to resolve the Insured’s complaint or dispute to their satisfaction within two months they may contact FSCL via: Postal address: PO Box 5967, Lambton Quay, Wellington 6145 O 0800 347 257 (Call Free for consumers) or +64 4 472 FSCL (472 3725) F +64 4 472 3728 E info@fscl.org.nz W www.fscl.org.nz Please note if the Insured would like to refer their complaint or dispute to FSCL this must be done within 2 months of the date of Chubb’s dispute determination. Further details regarding Chubb’s complaint handling and dispute resolution procedures are available from Chubb’s website and on request. Chubb Combined Liability Policy Wording, New Zealand. Published 01/2021. © 2021 Chubb. Coverages underwritten by one or more subsidiary companies. Not all coverages available in all jurisdictions. Chubb ®, its respective logos, and Chubb.Insured.℠ are protected trademarks of Chubb. 4
Combined Liability Policy Wording
Section One: Public and Products provided that Chubb's liability to pay either or both of
these types of charges, expenses or legal costs shall
Liability Policy cease upon the Limit of Liability stated in Section 1
(Public Liability) of the Policy Certificate having
1. Insuring Agreement been exhausted by payment of judgments or
In consideration of the premium being paid by the Insured settlements.
to Chubb Insurance New Zealand Limited (hereinafter called 1.4 Deductible
'Chubb') and in reliance upon the written proposal
agreement and declaration which shall be deemed to be the The Deductible is the amount stated in Section 1
basis of this Policy, Chubb agrees to indemnify the Insured (Public Liability) of the Policy Certificate. payable by
as follows: the Insured. The Deductible applies to each
Occurrence and is payable by the Insured at such
1.1 Public and Products Liability Coverage time required by Chubb. Chubb’s liability to
Subject to the terms, conditions, limitations and indemnify the Insured under this Policy is over and
exclusions of this Policy all sums which the Insured above the Deductible.
shall be legally liable to pay as Compensation on 2. Automatic Coverage Extensions
account of:
Subject to all of the terms, conditions, exclusions and
a) Personal Injury; or limitations of this Policy (including the Insuring Agreements)
b) Property Damage, cover is extended by the following coverage extensions.
Unless Chubb otherwise agreed in writing all cover provided
occurring within the Policy Territory during the by these extensions form part of and do not increase the
Policy Period as a result of an Occurrence Limit of Liability stated Section 1 (Public Liability) of the
happening in connection with the Business of the Policy Certificate.
Insured.
2.1 Advertising Injury
1.2 Limit of Liability
Notwithstanding Definition 3.9(c), Chubb agrees to
Chubb's liability under this Policy shall not exceed indemnify the Insured in respect of liability for
the Limit of Liability stated in Section 1 (Public Personal Injury from any unintentional:
Liability) of the Policy Certificate.
a) libel;
1.3 Supplementary Payments
b) slander;
In addition to the Limit of Liability stated in Section
1 (Public Liability) of the Policy Certificate., Chubb c) defamation;
will pay: d) invasion of rights of privacy,
a) all reasonable charges, expenses and legal arising out of the Insured's advertising activities.
costs incurred by either Chubb or the Insured
with the written consent of Chubb in the 2.2 Business Advice/Service/Medical Advice
settlement or defence of any claim for Notwithstanding Exclusion 4.17, Chubb agrees to
Compensation in respect of which the Insured indemnify the Insured in respect of liability for
is entitled to indemnity under this Policy; Personal Injury or Property Damage arising out of:
b) all charges, expenses and legal costs a) the rendering of or failure to render medical
recoverable from the Insured by claimants in advice or service by medical persons employed
connection with such Compensation; by the Insured to provide first aid on the
c) in the event of a claim being made against the Insured’s premises; or
Insured in any court or before any other legally b) other professional advice or service not given for
constituted body in the United States of America, a fee.
Canada or their respective protectorates and
territories, the total amount payable in respect of 2.3 Care Custody & Control and Tenant’s Liability
the claim by Chubb under this Policy including
Notwithstanding Exclusion 4.13, Chubb agrees to
all charges, legal costs and expenses will not
indemnify the Insured in respect of liability for
exceed the Limit of Liability stated in Section 1
Property Damage to:
(Public Liability) of the Policy Certificate.
Chubb Combined Liability Policy Wording, New Zealand. Published 01/2021.
© 2021 Chubb. Coverages underwritten by one or more subsidiary companies. Not all coverages available in all jurisdictions. Chubb ®, its
respective logos, and Chubb.Insured.℠ are protected trademarks of Chubb. 5Combined Liability Policy Wording
a) premises which are leased, rented, tenanted or 1) shall apply whether Property Damage or
hired by the Insured; Personal Injury has occurred or not; and
b) Vehicles, other than Vehicles owned or used by 2) shall apply to machinery, plant, trailers or
or on behalf of the Insured, in the care, custody Vehicles (insofar as liability covered
or control of the Insured only whilst such under this extension 2.5 is not otherwise
Vehicles are in a car park owned or operated by Insured); and
the Insured other than for income or reward as
a car park operator; 3) is subject always to the terms exceptions
limits and conditions of the Policy insofar
c) directors’, employees’ and visitors’ clothing and as they are not specifically varied by this
personal effects; Extension 2.5; and
d) any other goods, equipment, merchandise and 4) is subject to a sub limit of NZD500,000
property (not owned by the Insured), other than any one Policy Period.
real property, provided that a sub limit of
NZD250,000 any one Policy Period shall apply 2.6 Indemnity to Principals and Others
to this sub-paragraph (d). Chubb will indemnify any person or organisation to
2.4 Excess Motor Liability which the Insured (as defined in Definition 3.5(a) or
(b) only) is obligated by virtue of a written contract to
Exclusion 4.22 does not apply to Personal Injury or provide insurance as is afforded by this Policy, but
Property Damage resulting from the ownership only for the vicarious liability of such person or
possession control or use by or on behalf of the organisation arising out of the performance by the
Insured of any Vehicle or trailer attached thereto; Insured (as defined in Definition 3.5(a) or (b) only) of
such written contract and for such coverage and
Provided that: Limit of Liability as provided in this Policy.
a) there is separate motor insurance in force in 2.7 Mechanical Plant
respect of such liability with a limit of liability of at
least NZD10,000,000; and Notwithstanding Exclusion 4.22, Chubb agrees to
indemnify the Insured in respect of liability for
b) this Extension 2.4 shall apply only to amounts in Personal Injury or Property Damage:
excess of such limit of liability stated in
paragraph (a) above. a) arising from the loading or unloading of any
Vehicle used by or on behalf of the Insured but
2.5 Forest and Rural Fires Act 1977 not where the Vehicle is under the care custody
For the purpose of this Extension 2.5 only, or control of the Insured; or
notwithstanding Insuring Agreement 1.1 or Exclusion b) arising from any Vehicle that either has plant or
4.9, coverage under this Policy extends to all sums machinery attached to it or is primarily designed
which the Insured shall be legally obligated to pay in as mobile plant or machinery, while it is
respect of: operating as plant or machinery.
a) costs (but excluding levies for expenditure under 2.8 NZ Exemplary Damages
Section 44 and 45 of the Forest and Rural Fires
Act 1977), fines and penalties incurred and a) Coverage Extension
apportioned by any Fire Authority (as that term
is defined therein) under the Forest and Rural Notwithstanding Exclusion 4.9, Chubb agrees
Fires Act 1977 or any amendments or replacing to indemnify the Insured for Exemplary
legislation; and Damages which the Insured is legally obliged
to pay as a result of a claim for Personal Injury
b) costs incurred and claimed by any other person that is covered under this Policy provided that
as to measures taken in order to protect that such claim:
person’s property from fire,
1) is first made against the Insured during
where such costs arise as a result of and in the Policy Period or is subject to clause
connection with the Business of the Insured (b) of this Extension 2.8; and
described in the Policy Certificate.
2) is notified to Chubb during the Policy
The cover provided by this Extension 2.5: Period; and
Chubb Combined Liability Policy Wording, New Zealand. Published 01/2021.
© 2021 Chubb. Coverages underwritten by one or more subsidiary companies. Not all coverages available in all jurisdictions. Chubb ®, its
respective logos, and Chubb.Insured.℠ are protected trademarks of Chubb. 6Combined Liability Policy Wording
3) is brought by, or on behalf of, a person this Extension 2.8 only, Chubb shall not
who has suffered a Personal Injury. indemnify the Insured against:
b) Coverage For Claims Made After The End Of 1) any claim made, threatened, or in any way
The Policy Period intimated against the Insured before the
Policy Period commences;
The cover provided by this Extension 2.8
ceases at the end of the Policy Period. 2) any claim arising from a circumstance
However, Chubb agrees to indemnify the that, at the start of the Policy Period, the
Insured under clause (a) of this Extension 2.8 Insured was aware or ought reasonably
in respect of a claim which is first made against have been aware may give rise to a claim
the Insured after the end of the Policy Period, against the Insured;
if the claim arises from circumstances which
arose during the Policy Period and which the 3) any claims or circumstance disclosed on
Insured has notified to Chubb during the the proposal for insurance or which the
Policy Period. Insured has notified to any previous
insurer (including Chubb);
c) Extension Sub Limit
4) any claim arising out of any statement, act
A sub limit of NZD2,000,000 any one Policy or omission of the Insured made, done or
Period shall apply to this Extension 2.8. committed outside New Zealand;
d) Defence Costs and Expenses 5) any claim against the Insured brought
outside New Zealand or any settlement or
In addition to the sub limit specified in (c) above, compromise of a claim entered into
Chubb agrees to pay the expenses and costs outside New Zealand;
referred to in Insuring Agreement 1.3 in relation
to the claims covered by this Extension 2.8. 6) any claim arising out of the enforcement of
a judgment, order or award obtained
e) Definitions outside New Zealand;
For the purposes of the coverage provided by 7) any claim as a result of any judgment
this Extension 2.8 only: entered in any Court, other than a New
1) the Definition of “Occurrence” at Clause Zealand Court applying the law of New
3.8 is deleted and replaced with the Zealand; or
following: 8) any claim arising directly or indirectly from
“Occurrence” means an event including deliberate, intentional or malicious
continuous or repeated exposure to conduct by the Insured.
conditions which results in Personal g) Conditions
Injury neither expected nor intended from
the standpoint of the Insured. All In addition to the General Conditions applicable
Occurrences of a series consequent on to this Policy, it is a condition precedent to the
or attributable to one source or original Insured’s right to be indemnified under this
cause shall be deemed one Occurrence. Extension 2.8, that the Insured must notify
Chubb as soon as possible in writing if:
2) the following Definition applies:
1) any claim for Exemplary Damages is
“Exemplary Damages” means exemplary made against the Insured; or
damages paid or agreed to be paid by
judgment or settlement for Personal 2) the Insured is notified of any matter which
Injury provided such damages only may give rise to a claim under this
payable in respect of an Occurrence to Extension 2.8; or
which this Extension 2.8 applies.
3) the Insured becomes aware of any
f) Exclusions circumstances which may give rise to a
claim under this Extension 2.8.
In addition to the Exclusions applicable to this
Policy, with respect to the cover provided by
Chubb Combined Liability Policy Wording, New Zealand. Published 01/2021.
© 2021 Chubb. Coverages underwritten by one or more subsidiary companies. Not all coverages available in all jurisdictions. Chubb ®, its
respective logos, and Chubb.Insured.℠ are protected trademarks of Chubb. 7Combined Liability Policy Wording
This applies even if the claim is likely to be less than a) arises from a sudden, identifiable, unintended
the Deductible stated in Section 1 (Public Liability) of and unexpected event from the standpoint of the
the Policy Certificate. Insured; and
2.9 Product Recall Expenses b) which takes place in its entirety at a specific time
and place and occurs outside of the United
Notwithstanding Exclusion 4.16, Chubb will States of America, Canada and their respective
indemnify the Insured for 80% of the costs and protectorates and territories.
expenses incurred to instigate and carry out a
withdrawal or recall of the Insured’s Products from 2.12 Underground Services
use in New Zealand, which has already given rise to
a claim for Personal Injury or Property Damage Chubb agrees to indemnify the Insured in respect of
under this Policy; Personal Injury arising out of and Property
Damage in New Zealand to existing underground
Provided that: services, cables, pipes or equipment;
a) the prior approval of Chubb was obtained prior Provided that:
to the withdrawal or recall of the Insured’s
Products; and a) prior to the commencement of any work, the
Insured inquired of the relevant authority,
b) a sub limit of NZD100,000 shall apply to this corporation or company as to the location of
Extension 2.9. such underground services, cables, pipes or
equipment and the Insured took all reasonable
2.10 Service and Repair precautions to prevent Personal Injury or
Notwithstanding Exclusion 4.1 and Exclusion 4.18, Property Damage; and
Chubb will indemnify the Insured for liability in b) a sub limit of NZD250,000 shall apply to this
respect of Property Damage to all Watercraft, Extension 2.12.
Vehicles, machinery and parts thereof that are, or
have been, in the care custody or control of the c) a Deductible of NZD1,000 shall apply to this
Insured for the purposes of service and/or repair, Extension 2.12.
subject to the following sub limits:
2.13 Vibration and Removal of Support
a) Property Damage to Watercraft, Vehicles or
machinery being serviced or repaired: Chubb agrees to indemnify the Insured for or in
Sub Limit: NZD250,000 any one Policy Period respect of Personal Injury and Property Damage in
shall apply to this Extension 2.10(a); and New Zealand arising from the vibration, or removing,
weakening or interfering with, the support of land or
b) Personal Injury or Property Damage to other buildings;
property arising from service and/or repairs to
Watercraft, Vehicles or machinery: Sub Limit: Provided that:
NZD250,000 any one Policy Period shall apply a) the land or buildings are not owned or occupied
to this Extension 2.10(b); by the Insured and the Personal Injury or
provided that in all cases there is no cover for liability Property Damage arises from the actions of
for the costs of rectifying defective or faulty: the Insured; and
1) workmanship; or b) a sub limit of NZD500,000 shall apply to this
Extension 2.13.
2) materials,
c) a Deductible of NZD2,500 shall apply to this
in respect of the actual Watercraft, Vehicle and/or Extension 2.10.
machinery being worked upon.
3. Definitions
c) a Deductible of NZD1,000 shall apply to this
Extension 2.10. Wherever appearing in this Policy or any annexure forming
a part hereof, the following terms shall, unless otherwise
2.11 Sudden and Accidental Pollution stated, be interpreted in the manner described below:
Exclusion 4.14 shall not apply to Personal Injury or
Property Damage which:
Chubb Combined Liability Policy Wording, New Zealand. Published 01/2021.
© 2021 Chubb. Coverages underwritten by one or more subsidiary companies. Not all coverages available in all jurisdictions. Chubb ®, its
respective logos, and Chubb.Insured.℠ are protected trademarks of Chubb. 8Combined Liability Policy Wording
3.1 Act of Terrorism means: e) any new organisation acquired by the Insured
during the Policy Period through consolidation,
an act, including but not limited to the use of force or merger, purchase of the assets of or
violence and/or threat thereof, of any person or assumption of control and active management,
group(s) of persons, whether acting alone or on provided such acquisition or assumption is
behalf of or in connection with any organisation(s) or reported to Chubb within ninety (90) days after
government(s) which from its nature or context is it is effected and provided further that such
done for, or in connection with, political, religious, acquisition is endorsed on this Policy.
ideological, ethnic or similar purposes or reasons,
including the intention to influence any government 3.6 Insured’s Products means:
and/or to put the public, or any section of the public,
in fear. goods or products (after they have ceased to be in
the possession of, or under the control of the
3.2 Aircraft means: Insured) manufactured, constructed, erected,
installed, repaired, serviced, treated, sold, supplied
any vessel, craft or thing made or intended to fly or or distributed by the Insured including any container
move in or through the atmosphere or space. thereof (other than a Vehicle).
3.3 Business means: 3.7 Limit of Liability means:
All activities and operations of the Business stated the limit of liability amount(s) stated in Section 1
in Section 1 (Public Liability) of the Policy (Public Liability) of the Policy Certificate.
Certificate. including the ownership and occupation
of premises for the purposes of the Business, and 3.8 Occurrence means:
the provision or management of canteen, social,
sports, welfare or child care services or activities for an event including continuous or repeated exposure
the Insured's employees and internal first aid, fire, to conditions which results in Personal Injury or
security and ambulance services. Property Damage neither expected nor intended
from the standpoint of the Insured. All Occurrences
3.4 Compensation means: of a series consequent on or attributable to one
source or original cause shall be deemed one
monies paid or agreed to be paid by judgment or Occurrence.
settlement for:
3.9 Personal Injury means:
a) Personal Injury; or
a) bodily injury death, illness, disability, shock,
b) Property Damage fright, mental anguish or mental injury;
provided that Compensation is only payable in b) false arrest, detention, false imprisonment,
respect of an Occurrence to which this Policy malicious prosecution or humiliation;
applies.
c) the publication or utterance of libel slander or
3.5 Insured means: other defamatory or derogatory material, or a
a) the Insured named in the Policy Certificate: publication or utterance in violation of any
individual's right of privacy except:
b) any subsidiary company (including subsidiaries
thereof) of the Insured named in the Policy 1) when the first such publication or
Certificate and any other organisation under utterance was made prior to the
the control of the Insured named in the Policy commencement of this Policy; or
Certificate and over which it is exercising active 2) when any such publication or utterance is
management; made in the course of or is related to
c) any director, employee, partner or shareholder advertising, broadcasting or telecasting
of the Insured, but only whilst acting within the activities conducted by or on behalf of the
scope of their duties in such capacity; Insured;
d) any social and/or sporting club formed with the d) wrongful entry or eviction or other invasion of the
consent of the Insured including any office right of private occupancy;
bearer or member thereof in their capacities as e) assault and battery not committed by or at the
such; direction of the Insured unless committed for the
Chubb Combined Liability Policy Wording, New Zealand. Published 01/2021.
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respective logos, and Chubb.Insured.℠ are protected trademarks of Chubb. 9Combined Liability Policy Wording
purpose of preventing or eliminating danger to b) any Watercraft exceeding 15 metres in length
persons or property. while on, in or under water. However this clause
4.1 (b) shall not apply to Watercraft not owned
3.10 Policy means: or operated by the Insured but used by the
this policy wording including the Policy Certificate Insured for Business entertainment purposes.
and any endorsements hereto. 4.2 Aircraft Products
3.11 Policy Period means: any product that is incorporated with the Insured’s
the period stated in the Policy Certificate or such knowledge in an Aircraft.
further period shown in a renewal certificate for which 4.3 Asbestos
the Policy has been renewed.
any loss, demand, claim, suit or other Occurrence
3.12 Policy Territory means: arising out of or related in any way to asbestos or
New Zealand including the overseas activities of asbestos-containing materials. Chubb shall have no
travelling executives and salesmen on Business duty of any kind with respect to any such loss,
who are non-resident in such countries. demand, claim suit, or Occurrence.
3.13 Products Hazard means: 4.4 Building Defects & Mould
Personal Injury and/or Property Damage arising Personal Injury or Property Damage (or charges,
out of the Insured's Products or their use but only expenses and legal costs) which is directly or
where loss from such injury or damage accrues to indirectly caused by, arising out of or in any way
persons other than the Insured. connected with:
3.14 Property Damage means: a) the actual, threatened or alleged ingress,
inhalation, discharge, dispersal, seepage,
a) physical damage to, destruction of or loss of migration, absorption, release or escape of
tangible property including the loss of use external water, liquid or moisture from any
thereof at any time resulting there from; or source at any time in or into any building or
b) loss of use of tangible property which has not structure or any materials or components
been physically injured or destroyed, provided thereof; or
such loss of use is caused by physical damage b) the actual, threatened or alleged existence or
of other tangible property. effects of any concentration of external water,
3.15 Policy Certificate means: liquid or moisture on or within any building or
structure or any materials or components
the Policy Certificate issued with this Policy. thereof; or
3.16 Vehicle means: c) the actual, threatened or alleged existence or
effects of:
any type of machine on wheels or on caterpillar tracks
made or intended to be self-propelled by mechanical 1) fungus, mould, mildew, yeast, rot, decay,
power. gradual deterioration, micro-organisms,
bacteria, protozoa or any similar or like
3.17 Watercraft means:
forms; or
any vessel, craft or thing made or intended to float on
2) any spore, toxin, vapour, gas or other
or in or travel on or through water.
emission or organic or inorganic body
4. Exclusions or
substance, created, produced by or
This Policy does not apply to: emanating from such fungus, mould,
4.1 Aircraft, Hovercraft, Watercraft mildew, yeast, rot, decay, gradual
deterioration, micro-organisms, bacteria,
Personal Injury or Property Damage arising out of protozoa or any similar or like forms, in
the ownership, maintenance, operation or use by the any building or structure or any materials
Insured of: or components thereof; or
a) any Aircraft or hovercraft; or
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d) any costs or expenses arising out of the 4.7 Employment Liability
preventing, abating, testing for, monitoring,
cleaning up, removing, containing, treating, a) any Personal Injury to any person arising out of
detoxifying, neutralising, remediating or disposal or in the course of employment of such person
of, or in any way responding to or assessing the by the Insured; or
matters set out in paragraphs (a), (b) and/or (c) b) any liability that the Insured is or would be
above; or entitled to indemnity under any fund, scheme,
e) the actual, threatened or alleged failure of any policy of insurance or self-insurance pursuant to
building or structure or any materials or or required by any legislation relating to workers’
components thereof to comply with or conform to compensation whether or not such insurance
the requirements of the New Zealand Building has been effected.
Code contained in the first Policy Certificate to 4.8 Faulty Workmanship
the Building Regulations 1992 (or any
amendment or substitution thereof) or to meet any claims in respect of the cost to rectify faulty
the level of performance, quality, fitness or workmanship, provided that this Exclusion 4.8 shall
durability of its intended purpose, in relation to: not apply to Personal Injury or Property Damage
resulting from such faulty workmanship.
1) external water, liquid or moisture; or
4.9 Fines, Penalties and Damages
2) protection from external water, liquid or
moisture entering that building or structure fines, penalties, punitive, exemplary, liquidated or
or any materials or components thereof, or aggravated damages.
the effects thereto. 4.10 Genetically Modified Organisms (GMOs)
This Exclusion 4.4 shall apply regardless of any other Personal Injury or Property Damage arising from
cause, event, building materials or building any condition directly or indirectly caused by or
components that contributed concurrently or in any associated with Genetically Modified Organisms
sequence to the Personal Injury or Property (GMOs).
Damage (or charges, expenses and legal costs).
For the purpose of this Exclusion 4.10, “GMOs” shall
However this Exclusion 4.4 shall not exclude any mean any organism in which the genetic material has
indemnity for Personal Injury or Property Damage been modified or altered through gene technology in
that is caused by or arises out of leakage of internal a way that does not occur naturally by multiplication
water pipes or cisterns. and / or natural recombination.
4.5 Contractual Liability 4.11 Loss of Use
any liability assumed by the Insured under any loss of use of tangible property which has not been
contract, agreement or warranty except to the extent physically injured or destroyed resulting from:
that such liability would have been implied by law in
the absence of such contract, agreement or warranty. a) a delay in or lack of performance by or on behalf
of the Insured of any contract or agreement, or
4.6 Efficacy
b) the failure of the Insured's Products or work
any legal liability arising out of or in any way performed by or on behalf of the Insured to meet
connected with the failure of any of the Insured’s the level of performance, quality, fitness or
Products to fulfil a particular purpose or intended durability warranted or represented by the
function or meet a particular level of performance, Insured.
where the Insured has expressly or impliedly
warranted or represented that the Insured’s This Exclusion 4.11 does not apply to loss of use of
Products will fulfil such purpose or function property other than the Insured’s Products resulting
(including purposes such as curing, alleviating, from the sudden and accidental physical injury to or
preventing, monitoring, detecting, eliminating or destruction of the Insured's Products or work
retarding Personal Injury or Property Damage) or performed by or on behalf of the Insured after such
meet such level of performance. products or work have been put to use by any person
or organisation other than the Insured.
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4.12 Molestation 4.19 Radioactivity
Personal Injury sustained by any person arising out Personal Injury or Property Damage directly or
of or resulting from the Molestation of or interference indirectly caused by or contributed to by or arising
with any person by: from:
a) any Insured; a) ionising radiations or contamination by
radioactivity from any nuclear fuel or from any
b) any employee of any Insured; or nuclear waste from the combustion of nuclear
c) any person performing any volunteer or unpaid fuel. For the purpose of this Exclusion 4.19 only
services for or on behalf of the Insured. combustion shall include any self-sustaining
process of nuclear fission; or
4.13 Own Property and Property in the Insured’s Care,
Custody or Control b) nuclear weapons material.
Property Damage to: 4.20 Terrorism
a) property owned by the Insured, or in the any Act of Terrorism regardless of any other cause
Insured’s care, custody or control; or or event contributing concurrently or in any other
sequence to the loss or any action taken in
b) the Insured's Products arising out of such controlling, preventing, suppressing or in any way
products or any part of such products. relating to any Act of Terrorism.
4.14 Pollution 4.21 Vehicles
Personal Injury or Property Damage arising out of Personal Injury or Property Damage arising out of
the discharge, dispersal, release or escape of smoke, the use of any Vehicle owned by, or in the physical
vapours, soot, fumes, acids, alkalis, toxic chemicals, or legal control of the Insured:
liquids or gases, waste materials or other irritants,
contaminants or pollutants into or upon land, the a) which is or should have been registered; or
atmosphere or any water course or body of water. b) in respect of which insurance is required by
Waste includes material to be recycled, virtue of any legislation relating to Vehicles; or
reconditioned or reclaimed.
c) which is otherwise Insured in respect of the
4.15 Product Guarantee same liability.
any product guarantee or warranty given by or on This Exclusion 4.22 does not apply to Vehicles
behalf of the Insured but this Exclusion 4.15 does not described in Extension 2.3 (b).
apply to legislative requirements concerning product
safety and information. 4.22 War
4.16 Product Recall liability of the Insured directly or indirectly
occasioned by, happening through, or in
the liability or costs of withdrawal, recall, inspection, consequence of war, invasion, acts of foreign
repair, adjustment, removal, replacement or loss of enemies, hostilities (whether war be declared or not),
use of the Insured's Products or work completed by civil war, rebellion, revolution, insurrection, military or
or for the Insured and/or the withdrawal or recall of usurped power or confiscation or nationalisation or
any property of which such products form a part. requisition or destruction of or damage to property by
4.17 Professional Liability or under the order of any government or local
authority.
Personal Injury or Property Damage arising from
the rendering of or failure to render professional 5. General Conditions
advice or services by the Insured or any error or 5.1 Action against Chubb
omission connected therewith.
No action shall lie against Chubb unless as a
4.18 Property Worked Upon condition precedent thereto, there shall have been
Property Damage to property on which the Insured full compliance with all the terms of this Policy, nor
is or has been working if the Property Damage is until the amount of the Insured's obligation to pay
caused directly by that work. shall have been finally determined either by judgment
against the Insured after actual trial or by written
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agreement of the Insured, the claimant and Chubb. short period rate and procedure. If Chubb
Any person or organisation or the legal cancels, earned premiums shall be computed
representative thereof who has secured such pro rata. If any matter has been notified under
judgment or written agreement shall thereafter be the Policy the premium will be deemed to be
entitled to recover under this Policy to the extent of fully earned and none will be repayable to the
the insurance afforded by this Policy. No person or Insured.
organisation shall have any right under this Policy to
join Chubb as a co-defendant in any action against d) When this Policy insures more than one (1)
the Insured to determine the Insured's liability, nor Insured cancellation may be effected by the first
shall Chubb be impleaded by the Insured or his legal Insured specified in the Policy Certificate for
representative. the account of all Insureds. Notice of
cancellation by Chubb to the first Insured
5.2 Applicable Law specified in the Policy Certificate or the
authorised representative shall be deemed
Should any dispute arise concerning this Policy, the notice to all Insureds and payment of any
dispute will be determined in accordance with the unearned premiums to such Insured or
laws of New Zealand. In relation to any such dispute representative shall be for the account of all
the parties agree to submit to the exclusive Insureds.
jurisdiction of any competent court in New Zealand.
e) Premium adjustment may be made either at the
5.3 Assignment time cancellation is affected or as soon as
Assignment of interest under this Policy shall not practicable after cancellation becomes effective,
bind Chubb until its consent is endorsed hereon; if, but notice of cancellation by Chubb shall be
however, the Insured shall die, or be adjudged effective even though Chubb makes no
bankrupt or insolvent, such insurance as is afforded payment or tender of return premiums with such
by this Policy shall apply to: notice.
a) the Insured's legal representative, as the 5.5 Changes
Insured but only while acting within the scope of a) Every change materially affecting the facts or
his duties as such; circumstances existing at the commencement of
b) with respect to the property of the Insured, to the this insurance, or at any subsequent renewal
person or corporation having proper temporary date, shall be notified to Chubb as soon as
custody thereof, as Insured, but only until the practicable after such change comes to the
appointment and qualification of the legal notice of the Insured's Officer responsible for
representative. insurance;
5.4 Cancellation b) Notice to any agent or broker or knowledge
possessed by any agent or broker or by any
a) This Policy may be cancelled by the Insured by other person shall not constitute notice to Chubb
surrender thereof to Chubb or any of its and shall not effect a waiver or a change in any
authorised agents or by mailing to Chubb written part of this Policy or stop Chubb from asserting
notice stating when thereafter the cancellation any right under the terms of this Policy nor shall
shall be effective. the terms of this Policy be waived or changed
b) Chubb may cancel this Policy by mailing to the except by endorsement issued to form part of
Insured at the address shown in the Policy this Policy.
written notice stating when, not less than thirty 5.6 Cross Liability
(30) days thereafter, such cancellation shall be
effective. The mailing of notice as aforesaid shall a) In the event of claims being made by reason of
be sufficient notice. The time of surrender or the Personal Injury suffered by any employee of
effective date of cancellation stated in the notice one Insured for which another Insured is legally
shall become the end of the Policy Period. liable, then this Policy shall cover such Insured
Delivery of such written notice as specified in (a) against whom a claim is made in the same
or (b) above shall be equivalent to mailing. manner as if separate policies had been issued
to each Insured under this Policy.
c) If the Insured cancels, earned premium shall be
computed in accordance with the customary
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b) In the event of claims being made by reason of obtaining the attendance of witnesses. The
Property Damage to property belonging to one Insured shall not without the consent in writing
Insured for which another Insured is legally of Chubb make any admission, offer, promise or
liable then this Policy shall cover such Insured payment in connection with any Occurrence or
against whom a claim is made in the same claim, and Chubb if it so desires shall be entitled
manner as if separate policies had been issued to take over and conduct in the name of the
to each Insured under this Policy, Insured the defence or settlement of any claim.
provided that this Condition 5.6 shall only apply 5.9 Other Insurance
where the Insured are separate legal entities.
If other valid insurance with any other Insurer is
Nothing contained in this clause shall operate to available to the Insured covering a loss also covered
increase the Limit of Liability stated in Section 1 by this Policy, then Chubb shall only be liable for the
(Public Liability) of the Policy Certificate. amount payable in excess over and above such other
insurance.
5.7 Hot Work Warranty
5.10 Premium
It is warranted by the Insured that any Hot Work
carried out either by it or by any person for whom the Unless otherwise provided for the premium for this
Insured is legally responsible will be undertaken Policy is an adjustable premium. In the event of
strictly in accordance with New Zealand Standard additional Insureds being added to the coverage or
4781:1973 Code of Practice for Safety in Welding increased exposure under this Policy, notice shall be
and Cutting (and any amendment or substitution given to Chubb who shall be entitled to charge an
thereto) and/or its equivalents in any relevant appropriate additional premium.
jurisdiction.
5.11 Subrogation
For the purpose of this Condition 5.7:
In the event of any claim or payment under this
“Hot Work” means the use of any electric, oxy- Policy, Chubb shall be subrogated to all the
acetylene, laser or similar welding or cutting and Insured's rights of recovery therefore against any
spark producing equipment, blow lamps (including person or organisation and the Insured shall execute
electric hot air blowers) or other heat or flame and deliver any and all appropriate instruments and
producing apparatus and allied processes. papers and do whatever else is necessary to secure
such rights. Any amount so recovered shall be
5.8 Insured’s Duties in the event of an Occurrence, apportioned in the following order of priority:
Claim or Suit
a) firstly, to the uninsured proportion of the loss;
a) The Insured shall give notice in writing to
Chubb as soon as practicable of every b) secondly, to reimburse Chubb to the extent of its
Occurrence and shall immediately forward to actual payment hereunder; and
Chubb all information relevant to such
Occurrence received or held by him or his c) if any balance then remains unpaid, it shall be
representative. applied to reimburse the Insured or any
underlying Insurer as their interest may appear.
b) In the event of an Occurrence or the likelihood
of an Occurrence the Insured shall take at his The expenses of all such recovery proceedings shall
own expense all reasonable steps to prevent be apportioned in the ratio of respective recoveries.
Personal Injury or Property Damage arising, or If there is no such recovery in proceedings conducted
continuing out of the same or similar conditions. solely by Chubb, it shall bear the expenses thereof.
c) The Insured shall co-operate with Chubb and, Where the Insured has agreed with another person
upon Chubb's request, assist in making or company, who would otherwise be liable to
settlements, in the conduct of allegations, compensate the Insured for or contribute towards
claims, litigation, proceedings and suits and in any loss or damage which is covered by the Policy,
enforcing any right of contribution or indemnity that the Insured will not seek to recover such loss or
against any person or organisation who may be damage or contribution from that person, Chubb will
liable to the Insured because of an Occurrence not cover the Insured, to the extent permitted by law,
and the Insured shall attend hearings and trials for such loss or damage or contribution, unless the
and assist in securing and giving evidence and agreement is specified in the Policy Certificate.
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5.12 Sanctions Exclusion
Chubb shall not be deemed to provide cover and
Chubb shall not be liable to pay any claim or provide
any benefit hereunder to the extent that the provision
of such cover, payment of such claim or provision of
such benefit would expose Chubb, its parent or its
ultimate holding company, to any sanction,
prohibition or restriction implemented pursuant to
resolutions of the United Nations or the trade and
economic sanctions, laws or regulations of the
European Union, United Kingdom, New Zealand or
United States of America.
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Section Two: Statutory Liability Policy investigation by a statutory authority or enforcement
agency under any of the Acts.
In consideration of the premium being paid by the Insured 2.3 Business:
to Chubb Insurance New Zealand Limited (hereinafter called
'Chubb') and in reliance upon the written proposal The business of the Insured as stated in the Policy
agreement and declaration which shall be deemed to be the Certificate.
basis of this Policy, Chubb agrees to indemnify the Insured 2.4 Chubb:
as follows:
Chubb Insurance New Zealand Limited.
1. Insuring Agreement
2.5 Circumstance:
Chubb agrees to indemnify the Insured for Penalties and
Sentences of Reparation, which the Insured is legally Where the Insured knows of an Event which might
obliged to pay, and any Defence Costs, up to the Limit of give rise to an Allegation.
Liability as a result of Allegation(s). The Allegation(s)
2.6 Claim:
must all:
A claim for indemnity under this Policy notified to
a) first be made against the Insured during the Policy
Chubb in accordance with this Policy.
Period or any Discovery Period.
2.7 Deductible:
b) be notified to Chubb during the Policy Period or
Discovery Period or within 14 days after the end of The amount stated in the Policy Certificate, which
the Policy Period. must be paid by the Insured before indemnity, is
available under this Policy.
c) result directly out of an Event.
2.8 Defence Costs:
The indemnity Chubb provides under this Policy ceases
absolutely at the end of the Policy Period or any Discovery Legal costs and necessary expenses, which are
Period. However, Chubb agrees to indemnify the Insured incurred with Chubb’s written, consent in order to
for Penalties, Sentences of Reparation and Defence investigate or defend any Allegation arising out of an
Costs under clause 1 as a result of Allegation(s) which are Event.
made against the Insured after the end of the Policy Period
or any Discovery Period, if the Allegation(s) arise from 2.9 Discovery Period:
Circumstances the Insured has notified to Chubb during An additional twelve (12) months from the end of the
the Policy Period or any Discovery Period. Policy Period which shall extend the period within
2. Definitions which the Insured can make a Claim for an
Allegation arising out of an Event which happens in
The following words have the following meanings in this its entirety before the Policy Period expires if:
Policy unless the context otherwise requires:
a) Chubb decides not to offer renewal at the end of
2.1 The Acts the Policy Period; and
All Acts of the New Zealand Parliament and any b) the Insured elects within fourteen (14) days after
Regulations or other subordinate legislation made the end of the Policy Period to purchase this
under any of those Acts. Discovery Period insurance; and
A reference to any legislation or to any provision of c) the Insured pays an additional premium of 50%
any legislation (including regulations and orders) of the premium.
includes that legislation or provision as from time to
time amended, re-enacted or substituted and any 2.10 Employee:
statutory instruments, regulations and orders issued Any person directly employed by the Insured in
under any such legislation or provision. respect of whose remuneration the Insured deducts
2.2 Allegation: PAYE tax or any person who is an appointed director
of the Insured.
Each separate intimation, threat or allegation that the
Insured breached or may have breached or 2.11 Event:
committed an offence under any provision of one or An unintentional and unexpected result of an act or
more of the Acts. It includes any inquiry or omission, which has occurred in the course of and
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arises directly from the Business and has occurred reinstatement costs, remedial costs, restitution of
in its entirety after the retroactive date stated in item anything, reparation, expenses or taxes, rates, duties
12 of the Policy Certificate which results in an or levies. The conviction must result from a
Allegation. prosecution brought by a statutory authority or
enforcement agency under any of the Acts.
2.12 GST:
2.16 Limit of Liability:
Any liability the Insured may have under s5(13) of
the Goods & Services Tax Act 1985. Chubb’s aggregate liability in accordance with
Condition 4.5.
2.13 Insured:
Any one or more of the Named Insured; and
2.17 Policy Period:
a) any subsidiary companies declared in the
proposal, and the Employees of any of them. The period stated in item 5 of the Policy Certificate.
b) any subsidiary company created or acquired by 2.18 Securities:
the Named Insured during the Period of
Insurance, provided that: Any equity or debt instrument issued by the
Company.
i. the operations and activities of the
subsidiary are the same Business 2.19 Sentences For Reparation:
description as stipulated on Item 4 of the A sentence of reparation made under the Sentencing
Policy Certificate; Act 2002 or Sentencing Amendment Act 2014 arising
ii. the Insured gives Chubb notice in writing from a breach of the Health & Safety at Work Act
within 30 days of the acquisition or 2015.
creation of the new subsidiary company; A reference to any legislation or to any provision of
iii. Chubb is entitled to vary the Policy terms, any legislation (including regulations and orders)
conditions and exclusions and charge an includes that legislation or provision as from time to
additional premium; and time amended, re-enacted or substituted and any
statutory instruments, regulations and orders issued
iv. such cover does not extend to any Events under any such legislation or provision.
that occurs prior to the acquisition.
3. Exclusions
c) any entity that ceased to be a subsidiary
company of a Named Insured before or during Chubb will not indemnify the Insured in respect of
the Period of Insurance, provided that: any Claim:
i. the operations and activities of the subsidiary 3.1 arising out of any Allegation that the Insured has
are the same Business description as breached, may have breached or committed an
stipulated on Item 4 of the Policy offence under one or more of the following:
Certificate; Arms Act 1983, Aviation Crimes Act 1972, Crimes
ii. Chubb will not indemnify any Claim arising Act 1961, Proceeds of Crime Act 1961, Summary
out of an Event occurring after the entity Offences Act 1981, Transport Act 1962, Transport
ceased to be a subsidiary of a Named (Vehicle and Driver Registration and Licensing) Act
Insured. 1986; and any other Act specially stated as being
excluded in the Policy Certificate;
2.14 Named Insured:
3.2 any pecuniary penalty, restitution, compensation or
The entity which is first named in the Policy order for payment imposed by a court upon the
Certificate. Insured pursuant to Sections 80, 83 or 89 (3)(b) of
the Commerce Act 1986.
2.15 Penalty:
3.3 for a Penalty arising out of any Allegation that the
A fine or other cash penalty (including court costs) Insured has breached or committed an offence
payable by the Insured upon conviction of an offence under an Act if it is illegal for Chubb to indemnify the
under the Acts arising out of an Event, but does not Insured in relation to the Penalty.
include any losses, damages, compensation,
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