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Why has the benchmark of “1935” been set?
The 1931 Napier earthquake resulted in a change in legislation.
What must the home have been rewired with to meet our standard?
TPS
Why do we want homes to be relined with modern materials? 2 answers
Scrim is a high fire risk, if a fire breaks out it is more likely to spread & Walls lined with scrim cost more to repair if damaged
True or False. Pre 1935 homes must be repiled regardless of the condition of the piles
False
You are creating q quote for a property in Waihi 3610, PIR shows zero result, how will you proceed?
Ask the customer, "Is there any mining risk present in the property?"
How do we underwrite properties in Westport 7825 & 7892?
No new business & no increases in sums insured for any home or contents risk within the boundary without approval of Personal Lines Underwriting
What major even happened in Edgecumbe last April 2017 that changed the way we underwrite properties in that area?
Edgecumbe was hit by devastating floods due to the collapse of the stop bank along the Rangitaiki River.
How do we underwrite properties in Edgecumbe 3120?
No new business or increases in sums insured may be issued within the town of Edgecumbe (Postcode 3120) until further notice.
What are the three types of Heritage NZ listings classification?
Category 1, 2 Heritage area / precinct
What website can you visit to check what the Heritage NZ listing classification of a property is?
heritage.co.nz
What is the meaning of Heritage NZ listing Category 1?
This is for buildings that are deemed of national importance
What is the meaning of Heritage NZ listing Category 2?
This is for buildings that are considered of regional importance
What is the meaning of NZ classification Heritage area/ precinct?
This is for areas, or sometimes a street or collection of buildings are considered to be of regional or natural importance
Sales or Underwriting? Determine terms & conditions that may apply to a policy
Underwriting
Sales or Underwriting? Decide whether the company will accept/approve policies
Underwriting
Sales or underwriting? Sell polices
Sales
