NZI
NZI Commercial Property Material Damage
Sum insured basis
Not on file.
Natural disaster cover
Not on file.
BI indemnity period
Not on file.
Sublimits
Not on file.
Mid-Size Manufacturer — $50M Sum Insured Building + Plant
Manufacturer with $20-50M building + plant + stock — long BI indemnity period, EQ-zone exposure.
Mid-size manufacturing facilities run the largest individual sums insured ($10-100M+) with significant plant & equipment + 18-36 month BI. Construction class (concrete/steel vs timber), sprinkler systems, and EQ-zone classification drive premium most.
FCIB panel for this scenario
For this operator profile, FCIB typically places business through: NZI , QBE , Zurich New Zealand , AIG .
What matters in the wording
For this scenario, the fact keys to compare across the ingested wordings are:
sum_insured_basis— Sum insured basisnatural_disaster_cover— Natural disaster coverindemnity_period— BI indemnity periodsublimits— Sublimits
Watch out for
- Building reinstatement MUST include Building Code 2004 compliance + seismic-strengthening costs — old buildings often under-insured.
- Specialised equipment with 12-18mo procurement lead time needs BI indemnity period that accounts for that.
- Sprinkler / fire-suppression maintenance log MUST be current — lapsed inspection certificates can void cover.
Side-by-side wording extract
QBE
QBE Material Damage & Business Interruption
Sum insured basis
Not on file.
Natural disaster cover
Not on file.
BI indemnity period
Not on file.
Sublimits
Not on file.
Zurich New Zealand
Zurich Material Damage
Sum insured basis
Not on file.
Natural disaster cover
Not on file.
BI indemnity period
Not on file.
Sublimits
Not on file.
AIG
AIG Steadfast Material Damage
Sum insured basis
Not on file.
Natural disaster cover
Not on file.
BI indemnity period
Not on file.
Sublimits
Not on file.
Delta Insurance
Delta NZ Property MDBI (March 2024)
Sum insured basis
Not on file.
Natural disaster cover
Not on file.
BI indemnity period
Not on file.
Sublimits
Not on file.
Dual New Zealand
DUAL New Zealand MDBI (04.22)
Sum insured basis
Not on file.
Natural disaster cover
Not on file.
BI indemnity period
Not on file.
Sublimits
Not on file.