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All cover · Association liability

Delta Insurance vs zurich — Association liability

Association liability covers the boards of incorporated societies, NFPs, industry bodies, sports clubs and body corporates. Structure mirrors management liability but with NFP-specific exclusions (member-vs-member disputes, volunteer-status).

Delta Insurance

Delta Insurance New Zealand Limited

Wording on file: Delta Associations Liability
Effective: 2023-08-01
Tier D (blocked) FCIB panel

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zurich

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Not on file — request latest wording from zurich via FCIB.

Side-by-side fact comparison

Each row is a fact-key from the Association liability wording. "Not on file" means either the wording doesn't address that fact, or Phase C structured-facts extraction hasn't been run yet on this insurer's wording.

Fact Delta Insurance zurich
limit of indemnity options Not on file Not on file
modules included Not on file Not on file
volunteer definition Insured Person means any: (a) Executive; (b) Employee, but only during such time as the Claim against such Employee is also made against an Executive; (c) natural person serving as a representative or a director of a Named Insured; (d) Outside Positions Insured Person in accordance with Optional Extension 2 Outside Positions. Not on file
member vs member exclusion Not on file Not on file
employment practices extension Not on file Not on file
defence costs in or outside limit in_limit Not on file
key exclusions 
[
  "Asbestos",
  "Bodily Injury/Property Damage (other than emotional distress or mental anguish)",
  "Dishonesty and Fraud",
  "Excluded Losses (fines or penalties imposed by statute except Quasi Judicial orders; taxes except GST; multiple portion of multiplied damage award; amounts prohibited by law)",
  "Pre Retroactive Date",
  "Insured vs Insured (subject to cross-claim/third party contribution carve-out)",
  "Pollution",
  "Territorial Limits",
  "Fee Refund",
  "Sale and or Supply of Goods",
  "Prior Knowledge",
  "Terrorism",
  "War and Civil War",
  "Radioactive Contamination and Explosive Nuclear Assemblies",
  "Sanctions"
]
 Not on file
territory Territorial Limits means the countries or territories as shown in Items 10 and 11 of the Schedule. Not on file
jurisdiction This Policy shall be construed according to the laws of New Zealand. Any issue and all disputes relating to this Policy shall be determined by the laws of New Zealand, whose courts shall have exclusive jurisdiction to hear any dispute. Not on file
excess default The Excess means the amount shown in Item 4 of the Schedule. No Excess applies to Insuring Agreement 1.1. Not on file
aggregation basis The Limit of Liability is the maximum liability of the Underwriters as in Item 3A of the Schedule. Where a Coverage Section provides for related Claims, a single Excess shall apply to all amounts covered by the Policy that arise from all related Claims. Not on file
claims made trigger The Underwriters will pay on behalf of any Insured Person the Loss arising from a Claim first made during the Policy Period (or Extended Reporting Period – if applicable) against such Insured Person for any Wrongful Act Not on file
automatic extensions 
[
  "Continuous Cover",
  "Estate Extension",
  "Loss Mitigation",
  "Defamation – Insuring Agreement 1.3 only",
  "Fair Trading Act 1986 – Insuring Agreement 1.3 only",
  "Dishonesty and Fraud – Insuring Agreement 1.3 only",
  "Loss of Documents – Insuring Agreement 1.3 only",
  "Quasi Judicial – Insuring Agreement 1.3 only"
]
 Not on file
run off availability If this Extension is shown as Included in Item 5 of the Schedule and the Policy is not renewed by the Underwriters, the Insured shall have the right to purchase an Extended Reporting Period. The Extended Reporting Period means a period of 12 months, commencing on the Expiry Date as shown as item 2B of the Schedule. The Insured shall not have any right to an Extended Reporting Period in the event of any management and or organisational change or in the event of cancellation or non-renewal for non payment of premium. Any Extended Reporting Period provided by this Policy shall not increase or reinstate any Limit of Liability or Sublimit of Liability of this Policy and is non-cancellable. Not on file
fair trading act handling The Underwriters will indemnify the Insured for any Claim made under sections 9 to 14 of the Fair Trading Act 1986 which arises out of a Breach of Professional Duty. (Automatic Extension 5 – Insuring Agreement 1.3 only) Not on file
fines insurable acts list 
[
  "Goods and Services Tax Act 1985 (GST indemnity payable in addition to Limit of Liability)"
]
 Not on file
retroactive date handling Exclusion 5 (Pre Retroactive Date) excludes any Claim arising from any Wrongful Act and or Breach of Professional Duty committed or allegedly committed prior to the Retroactive Date shown in the Schedule. The Retroactive Date means the date shown in Item 7 of the Schedule. Not on file
investigation costs covered Investigation means any formal civil, criminal, administrative or regulatory investigation into the conduct of an Insured Person in their capacity as an Insured Person of the Named Insured, which is commenced by the filing or issuance of a notice of charges, subpoena or formal investigative order. Defence Costs that relate to a Claim or Investigation are included within the definition of Loss. Not on file
insured vs insured exclusion brought by or on behalf of any Insured against any other Insured; provided, however, that this Exclusion shall not apply to any Claim made under this Policy brought by an Insured that is in the form of a cross-claim or third party claim for contribution or indemnity which is part of, and results directly from, a Claim which is not otherwise excluded. Not on file
dishonesty exclusion carve out Notwithstanding exclusion 3, the Underwriters will indemnify the Named Insured for any Claim made against the Named Insured arising from any dishonest or fraudulent act or omission committed by any Employee, provided that: (a) such conduct has not been knowingly permitted or condoned by any other Insured who is un-connected with such Claim; and (b) there is no indemnity for the person(s) who carried out, or was alleged to have carried out, the conduct or condoned the conduct; and (c) this arises from a Breach of a Professional Duty. (Automatic Extension 6 – Insuring Agreement 1.3 only) Not on file
contractual liability extension Outside Positions: the Underwriters agree to indemnify the Insured for any Claims for Wrongful Act, brought against an Insured Person who at the specific request or direction of a Named Insured, acts as an Executive or equivalent thereof of an Outside Entity but only whilst that person is acting in their capacity as such. The extent of indemnity afforded by Underwriters shall be in excess of any indemnification from an Outside Entity and any other insurance coverage provided to an Outside Entity or its executives, directors, officers, trustees, or equivalent. Not on file
occurrence basis vs claims made claims_made Not on file
products liability specific exclusions 
[
  "for any loss alleging or arising from the sale, supply, installation, efficacy or manufacture of goods by or on behalf of the Insured (Exclusion 10 – Sale and or Supply of Goods)"
]
 Not on file