Comprehensive Personal Insurance
Tailored coverage for every stage of life, safeguarding your well-being, financial security, and future.
Vehicle
Mechanical Breakdown
House
Content
Travel
Student
Vehicle insurance protection
A type of insurance coverage that provides financial protection against losses and damages related to vehicles.
It is a contract between the vehicle owner and an insurance company, where the owner pays regular premiums in exchange for coverage.
Mechanical breakdown coverage
Mechanical breakdown insurance is usually offered as optional coverage by insurance companies or as a separate product by third-party providers.
Homeowners insurance protection
A type of insurance coverage that provides financial protection for residential properties.
It is a contract between the homeowner and an insurance company, where the homeowner pays regular premiums in exchange for coverage.
Renters content protection.
A type of insurance coverage that protects your personal belongings or contents against loss or damage.
It is designed for individuals who rent a home, apartment, or condominium and do not own the property itself.
Travel insurance coverage
A type of insurance coverage designed for individuals visiting a foreign country or region.
It provides financial protection and assistance for various travel-related risks and medical emergencies that may occur during the visit.
Student insurance protection
Student insurance refers to insurance coverage specifically designed for students, often those enrolled in educational institutions such as colleges, universities, or schools.
It provides various types of coverage to protect students from financial risks and unexpected events during their academic pursuits.
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Personal Insurance FAQ`s
Explore answers to common questions about personal insurance, empowering you to make informed decisions and choose the right coverage for your needs.
Can someone else be insured if an accident occurs while driving your own vehicle?
If the driver often drives your vehicle, it is recommended to add the driver to the insurance policy. If there is an accident due to accidental driving, you need to pay attention to whether you have selected a Named driver or an Open driver policy when applying for insurance.
What is the excess fee?
The excess fee refers to the expenses that the insurer needs to pay when a claim occurs, and the remaining expenses are borne by the insurance company. Drivers with different driver's licenses often have different deductibles.
Can I buy car insurance with an international driver's license or a restricted driver's license?
You can purchase car insurance, but there may be different deductibles, or some companies may have restrictions.
Can I buy car insurance under the age of 25?
Car insurance can be insured, but the deductible fee will be relatively high, or some companies will have restrictive clauses. If the car price is higher, the insurance company will generally review it before applying for insurance.
How much should you insure for your vehicle?
The insured amount is generally determined by oneself. If the vehicle is relatively new, it is based on the purchase price of the vehicle. If the vehicle has a certain year, it is underwritten based on the market price. Most insurance companies pay for the total loss according to the market price, and a small part Insurance companies have terms of Agreed Value.
How to apply for a car insurance claim?
If there is an accident and it is serious, or the vehicle is stolen, it is recommended to report to the police for backup, and keep as many photos or videos as possible to help the insurance company review. After submitting the claim, the insurance company will arrange for the nearest car dealership to carry out repairs, or ask the customer if there is a car dealership he wants to arrange, and after confirmation, submit the Claim number to the dealership to arrange repairs.
If the car is sold, can the mechanical insurance be transferred?
Some insurance companies will charge a certain transfer policy fee for the transfer of mechanical insurance, and some conditions must be met before they can apply.
Does the vehicle need to be inspected before purchasing mechanical insurance?
It is generally recommended to make an Inspection Report before purchasing machinery insurance to avoid disputes in future claims.
Can oil-electric hybrids and trams be insured for mechanical insurance?
For gasoline-electric hybrid and tram insurance companies have special Hybrid Cover and Electric Cover, which can cover a battery.
Under what circumstances can not be insured mechanical insurance?
Mechanical insurance has certain requirements for the year and mileage of the vehicle. If the year is relatively high or the mileage has exceeded the upper limit, mechanical insurance cannot be insured. In addition, commercial vehicles (taxi, transport vehicles) or trucks and racing cars cannot be insured.
Matters needing attention in purchasing machinery insurance?
Vehicles need to be serviced regularly or when a certain number of kilometers is reached, and you can choose basic protection or upgrade protection when applying for insurance.
How much should home insurance cover?
The amount of coverage that needs to be provided when purchasing home insurance is not the purchase price of the house, because the purchase price includes the land and the house. Generally speaking, the insured amount of a house is calculated according to the amount needed to rebuild the house. The area of the house is the most important reference data, and it is calculated according to the market construction cost per square meter in the current market.
Will excess fee go up after a home insurance claim?
Generally, after the claim is settled, it will have a certain impact on the premium of the next year, depending on the claim event and the amount.
Are there any ways to lower your home insurance excess fee?
If you want to reduce the premium of home insurance, you can choose to increase the excess fee or strengthen the security of the house, such as installing smoke detectors (Smoke Detector) and Alarm, etc. In addition, some insurance companies will also provide Package discount, that is, if you are insured together with your property and car, you can get a discount from the insurance company.
What does adding landlord insurance cover if the house is rented out?
It mainly covers the cost of malicious damage to the house by the tenant, rent arrears and cleaning up the poisoned house.
Does the use of the house make a difference to the premium?
It mainly covers the cost of malicious damage to the house by the tenant, rent arrears and cleaning up the poisoned house.
If personal property is lost on the road, can property insurance cover it?
Generally speaking, property insurance mainly covers property losses that occur at home, but if the property is lost or damaged when you accidentally take it out, it is also within the scope of compensation. For details, please refer to the policy terms.
If there are particularly valuable items, do I need to insure them separately?
Property insurance will have an upper limit on the amount of items. If the value is high or valuables, it is recommended to cover them separately, so as not to only pay the upper limit of a single item when making a claim. Generally, the upper limit is several thousand New Zealand dollars.
Do I need to provide a receipt when making a claim?
When a claim occurs, the insurance company will ask the insurer to provide the receipt of the purchased items at that time to determine the amount of compensation.
What if there is no receipt on file?
If you didn't keep a receipt when you purchased the property, try to make an offer on similar items, or provide other proof of value.
What visa holders can buy travel insurance?
Holding a New Zealand visit visa, a companion visa, and a work permit of less than two years.
If I need to use travel insurance to see a doctor, what expenses can I cover?
Travel insurance can cover home doctor expenses, check-ups, specialist visits and treatment in public hospitals.
Can I buy travel insurance for pre-existing diseases?
Under normal circumstances, insurance does not automatically cover the old diseases that the insurer has already suffered. The medical part covered by the insurance will take time after the policy takes effect.
How to get reimbursed after buying travel/student insurance?
You need to pay in advance and then apply for a claim from the website. You need to verify your personal information and upload the receipt. If you have any unclear questions, you can contact BSI insurance consultants at any time.
What kind of visa can I buy student insurance?
Hold a New Zealand student visa
Is it okay to buy student insurance not at school?
Some schools already include the option of student insurance at the time of enrollment, but in fact student insurance is not required to be insured at school. As long as you can provide the school with an insurance policy that proves that you have student insurance after purchasing the insurance.
If I need to use student insurance to see a doctor, what expenses can I cover?
Student insurance covers family doctor expenses, examinations, specialist visits and public hospital treatment.
