Fire and Emergency New Zealand Act 2017

Levy - Levy on insured property - Policyholder to pay insurer

90: Insurer must identify levy on invoice, etc

You could also call this:

"Insurers must show the fire levy separately on your bill"

Illustration for Fire and Emergency New Zealand Act 2017

You need to know what you are paying for when you get a bill from your insurer. If your insurer is charging you a levy, they must show it separately on the bill. They must not mix it with the premium or other costs. You do not have to pay any extra fees for the levy. This means no one can charge you brokerage, agency, or commission fees for the levy. Your insurer must follow the rules set out in section 89 when charging you the levy.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6888340.

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Part 3Levy
Levy on insured property: Policyholder to pay insurer

90Insurer must identify levy on invoice, etc

  1. An insurer that is entitled to recover an amount of levy under section 89 must, in any invoice, demand, or statement of account, set out the amount of the levy separately from any premium or other amount.

  2. No person may require the payment of any brokerage, agency, or commission in respect of the levy.