Kiwibank Home Insurance

Over the years, Kiwibank has achieved significant milestones, including becoming the country's most extensive New Zealand-owned bank and gaining recognition for its commitment to sustainability and responsible banking.

Promoting inclusivity and diversity: Kiwibank's collaboration with local designers

One notable initiative by Kiwibank is collaborating with renowned local designers such as Barkers, Kiri Nathan, Jen Sievers, Little Yellow Bird, and Standard Issue to revamp the workplace wardrobe.

This partnership aims to reflect the modern Aotearoa and promote inclusivity and diversity within the organisation.

Honouring exceptional contributions: Kiwibank's recognition of selfless and visionary individuals

Kiwibank has introduced a new suite of cards that prioritise accessibility and feature innovative designs.

Its involvement in recognising exceptional individuals is evident through its sponsorship of the Kiwibank New Zealander of the Year awards, which celebrate extraordinary Kiwis who contribute selflessly, creatively, and visionarily to the nation.

Commitment to equity, diversity and inclusion at Kiwibank

Equity, diversity and inclusion are integral values for Kiwibank. As part of its commitment to ethical and sustainable practices, the bank proudly holds the B Corp Certification, recognising its efforts to operate a business that benefits society and the environment.

Partnership with Banqer: Empowering Kiwi Schools with financial literacy

Kiwibank's purpose revolves around three main goals:

• Ensuring the well-being of children (tamariki)
• Improving the financial security of Kiwis
• Contributing to the overall betterment of Aotearoa

By choosing Kiwibank's house insurance, you can have peace of mind, knowing that your valuable investment is protected in unforeseen circumstances.

Protection against various events and natural disasters

One notable feature of Kiwibank's house insurance is the replacement cover for your home.

If your house is damaged by storms, floods, earthquakes, natural landslips, or volcanic eruptions, the bank ensures that your home will be rebuilt up to the sum insured. In the case of fire damage (excluding fires following a natural disaster), you may receive coverage for up to 20% more than your sum insured.

Additional benefits for comprehensive coverage: Alternative accommodation and multi-policy discount

The bank also provides additional benefits to enhance your cover. They offer alternative accommodation with the option to increase the range to $ 50,000, ensuring a comfortable place to stay if your home becomes uninhabitable.

You can access a multi-policy discount if you opt for two or more house, contents, or car insurance policies through Kiwibank.

Freedom to choose payment frequency for Kiwibank's house insurance

The flexibility of Kiwibank's house insurance extends to payment options as well. You can pay your premiums through direct debit or credit card on a fortnightly, monthly, or annual basis without incurring additional costs for selecting the monthly or fortnightly payment frequency.

Options for calculating your home's coverage amount

Determining the appropriate coverage amount for your home is crucial. Kiwibank emphasises that the sum insured is not based on the market value of your house but on the estimated cost of rebuilding it after a natural disaster.

To determine your sum insured, you can seek assistance from professionals such as licensed builders, quantity surveyors, architects, or registered valuers. You can also utilise the independent online Cordell Sum Sure calculator for a self-assessment.