QUOTE AND BUY TERMS

The following terms apply to all quotes issued by Vero Insurance New Zealand Limited (“Vero”) for ANZ Asset Protector Insurance policies by:

• ANZ bank staff;
• Vero’s dedicated ANZ customer service telephone line; and
• Vero’s online quote and buy platform accessed through goMoney, Internet Banking and via anz.co.nz.

To obtain a quote and/or apply for insurance you must be 16 years old and resident in New Zealand.

The summary of key benefits and any description displayed on any website or the Platform used to generate a quote are not in themselves intended to contain the full terms and conditions of the offer of insurance. The full terms of the insurance policy requested are set out in the specific policy document, including the policy’s schedule, conditions, restrictions, limitations, and requirements.

The premium quoted is valid until the date specified on the top of your quote, after which it may be adjusted by Vero. Quotes will not be valid if misstatements have been made by you in respect of the policy or in answering any of our questions.

The quote terms, including the quoted premium, may change if there is a change to any of the information on which it has been based. This includes the policy start date and the answers to the questions asked during the quote process. Quotes are only valid once the quote process is completed for all home(s), car(s) content(s) or boat(s). If you decide to proceed to buy after completing a quote, you may be asked for further information which may result in the quoted terms or premium changing.

Subject to any restrictions that may apply, insurance cover will only commence if Vero accepts your application for insurance, and you purchase the policy.

Vero does not make any representation that the insurance policy selected by you is suitable for your circumstances and has not provided any advice as to the general suitability of such a policy.

Vero does not guarantee that the quote generated is correct, accurate or complete.  Vero does not accept any liability for errors, misprints, or omission in the quote figures generated including those caused by negligence or computer hardware or software fault or dysfunction, and/or by way of computer virus.   You may use the quote only if you agree not to make any claims against Vero (and its parent company or its subsidiaries) for any loss or damage that may arise as a result.

Vero makes use of Auto Information Ltd (RedBook) data as a guide to assist in calculating vehicle values for underwriting purposes. To the fullest extent permitted by law, Vero and RedBook excludes all liability and will not be liable for any loss resulting from the use of, or reliance on, the information presented by RedBook or Vero to help facilitate the quotation and purchase process. Customers are reminded to make their own independent assessment of their vehicle and utilise other sources of information.

The payment frequency selected may affect the premium charged for a policy. Paying the premium annually costs less than paying by instalments. For more information see the Fees and Government Levies page.

1. All payments are to be made by credit or debit cards (or bank account direct debit, as relevant) at the time of the relevant transaction in relation to the applicable.  In the case of a credit or debit card transaction, you must provide us with details of your current and valid credit or debit card, including:

a. Card type;
b. Name on card;
c. Card number;
d. Card verification value (CVV); and
e. Expiry date.

2. Where you choose to pay by bank account debit, you must provide us the details of your current and valid bank account, including:

a. The full name of the account holder; and
b. The account number.

3. Where you choose to pay by bank account debit, the Paperless Direct Debit Terms and Conditions will apply.  You can see these conditions here.

4. If you fail to pay your applicable premium, we may not provide you with the cover or policy benefit you have claimed for.  Refer to the policy wording and your policy schedule for more information about your premium.