BNZ Boat Insurance

BNZ (Bank of New Zealand) is committed to providing top-tier banking and safeguarding your assets, through its boat insurance and other diverse products.

Established in 1861 amidst Auckland's bustling Queen Street, the bank has stood the test of time, surviving the Long Depression in 1894, leading to government ownership.

They’re more than a financial institution; they’re a living testament to the economic and societal progression of the country.

Pioneering new heights in banking

BNZ's track record for innovation is unsurpassed, showcasing its dedication to advancing customer banking and money management strategies.

In 1964, following the Private Savings Bank Act, BNZ Savings was born, marking a significant stride in the bank's evolution. A decade later, the Nationwide Card, the country's maiden bank card, was introduced.

Fast-forward to 1992, BNZ made history once more with the launch of its first call centre, swiftly followed by the inception of BNZ Private Bank in 1998.

Not resting on its laurels, the bank embraced the digital age, introducing internet banking, online securities trading, and FX dealing a year later, paralleling the rise of internet giant Google.

Embodying customer centricity

In 2008, BNZ unveiled a strategic rebranding, symbolising its transition from a traditional bank to a customer-centric organisation. Branches metamorphosed into 'stores', underlining BNZ's retail banking philosophy focusing on customers' needs.

Among its many tailored products, the bank also provides specific solutions like trailer boat insurance, ensuring a diverse range of customer needs are addressed.

BNZ: Ensuring a secure digital future

Recognising the growing threats in the digital realm, BNZ launched Scam Savvy Week in 2019, mobilising 3,500 employees to help over 55,000 New Zealanders secure their online presence.

This initiative, coupled with the Cyber Skills Aotearoa programme, reiterates BNZ's commitment to safeguarding you from potential online risks.

A vision of resilience and inclusivity

They aim to accelerate positive change by fueling social enterprises and charities through the BNZ Foundation. This drive is central to its vision of a resilient, regenerative, and inclusive Aotearoa.

Underpinning BNZ’s sustainability strategy are two principal pillars: Manaaki Taiao, committed to caring for the natural environment, and Manaaki Tangata, devoted to enhancing the financial well-being of communities.

In 2021, a pioneering move was made as BNZ sealed New Zealand's first sustainability-linked agricultural loan with Southern Pastures, reinforcing its commitment to environmental sustainability.

Prioritising accessibility and inclusion

BNZ values inclusivity, ensuring banking services are accessible to all. Their smart ATMs, featuring distinct, high-contrast, wheelchair-friendly designs and multilingual service options, embody this commitment.

Services for the deaf, hard of hearing, or speech-impaired are also facilitated, making BNZ a true reflection of New Zealand's diverse society.

PremierCare Boat insurance, a meticulously tailored insurance solution created by BNZ, delivers comprehensive coverage for a broad spectrum of watercraft, including but not limited to personal crafts, angling boats, and casual competition yachts.

This policy is designed with, you, the boat owner in mind, covering unexpected and sudden loss or damage, ensuring that your maritime ventures are free from financial distress, and instilling peace of mind each time you set sail.

Earn rewards with your insurance premiums

One of the prime reasons to select this product is the lucrative opportunity to accumulate Flybuys with every premium paid. With flexible payment schemes that can be customised to your financial lifestyle, be it bi-weekly, monthly, or annual, every premium payment not only secures your vessel but also brings you rewards that enhance your overall banking experience with BNZ.

Hassle-free digital policy management

In today's fast-paced digital world, policy management is made even more convenient and efficient. With online access, you can effortlessly review your policy specifics through BNZ's digital banking platform.

Access to your comprehensive trailer boat insurance details is available round the clock, and the streamlined process to submit a claim is comprehensibly outlined, ensuring you can access the help you need when you need it.

Expansive coverage across New Zealand

The coverage is extensive and far-reaching, safeguarding your watercraft across various inland water bodies, waterways, and even along the coastlines up to 200 nautical miles from New Zealand's shores. Whether your cherished boat is in transit or storage, rest assured that your boat is protected within New Zealand's geographical boundaries.

Trailer boat insurance, perks and extra protection

Going beyond the standard cover, trailer boat insurance, as well as possessions that reside permanently on your boat is catered for. These might include your precious angling, scuba diving, and water skiing gear that would otherwise be uninsured. This coverage extension ensures that your personal belongings onboard are as secure as your vessel.

Casual yacht competitions: They've got you covered

Casual yacht competitions carry their own unique risks. Yet, with PremierCare Boat insurance, you're not left adrift. The policy maintains its coverage even if your yacht is utilised for informal races within New Zealand and unexpectedly sustains damage or loss, offering you the freedom to participate with peace of mind.

Rescue expenses and third-party liability

Unforeseen circumstances can lead to rescue situations. The policy ensures that you, your guests, and your crew are insured for up to $25,000 to cover such rescue costs anywhere in New Zealand.

Plus, you're exempted from any deductible on a rescue claim. It also secures you with up to $5 million in third-party liability insurance, covering inadvertent damage to another's property or accidental injury inflicted by your watercraft.

PremierCare Boat insurance, with its comprehensive coverage, host of benefits, and commitment to ensuring your sailing experiences are tranquil and secure, allows you to navigate the seas with unwavering confidence. When the sea calls, answer with assurance knowing BNZ has your back.