News Non-Life14 Feb 2019

New Zealand:Law amended to increase quake coverage

| 14 Feb 2019

Lawmakers have passed changes to the Earthquake Commission (EQC) Act which will increase the quake coverage cap on new claims from NZ$100,000 ($68,300) to NZ$150,000 and remove cover for home contents as homeowner's policies are taken out or renewed over the 12 months from 1 July 2019.

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