NZI Office Bearers (Body Corporate)
NZI’s Office Bearers’ Liability policy insures committee members (by whatever name called) for liability and defence costs in respect of wrongful acts committed while performing their duties for the body corporate.
The policy includes:
• damages that a court orders any committee member to pay, or negotiated settlements, for wrongful acts
• legal costs and expenses of defending claims
• advancement of defence costs
• automatic reinstatement of the aggregate limit
• continuous cover
• estates and legal representatives
• extended reporting period
• innocent non-disclosure
• official investigations
• spousal liability
Office Bearers Liability Policy Wording
For more information on any of our products, call your broker.
Policy Disclaimer
The documents available on this website represent our standard policy wordings.
These standard wordings may be varied when they are issued. Any variance will be unique for each customer based on their individual circumstances. The wordings on in this site can be withdrawn, substituted or varied at any time without prior notice.