A fair presentation of the risk requires you to:

• disclose every material circumstance which you know or ought to know following a reasonable search of information available to you;

• ensure that every representation of fact or expectation is substantially correct and not misleading; and

• present information in a manner that is reasonably clear and accessible to the insurer.

Material circumstances are those that would influence the judgement of a prudent insurer in deciding whether to accept the risk, on what terms, and at what premium.

You are responsible for ensuring that all information provided to us and to our insurance capacity providers is accurate, complete and not misleading. Failure to make a fair presentation of the risk may affect whether cover is available, the terms on which it is offered, or whether a claim is accepted or paid.

PROFIT COMMISSION
EventCover has the potential to earn a profit share commission based upon performance of the book of business. Due to the contingent nature of insurance and the way the arrangement is structured, it is not possible to know the exact amount, if any, to which we may be entitled until the end of the qualifying period.

POLICY FEES
In some circumstances, we may charge a Policy Fee.  The Policy Fee, as applicable, is noted on your insurance schedule and tax invoice. This fee charged by EventCover is calculated as 15% of your base premium, capped at NZD $150 excluding GST.  Such fees include meeting our costs of preparation and distribution of documentation.  

The Policy Fee applies to each policy issued or renewed through us.

The Policy Fee is not refundable in the event of cancellation unless the insurance policy is cancelled either within the cooling-off period or is a full term cancellation.

CANCELLATION FEES
We do not charge a fee for cancellation of the insurance policy.
You may cancel your insurance policy in line with the terms and conditions of the policy.  If you choose to cancel your insurance policy and a refund is available, we will retain a portion of the premium that relates to the period for which you have been insured.  We may refund the residual for the unexpired period less any non-refundable taxes, charges and levies provided that no event has occurred where liability arises under the insurance policy.

Remuneration Rights on Policy Cancellation

We collect, hold, use and disclose personal information in accordance with the New Zealand Privacy Act 2020 and, where applicable, the Australian Privacy Act 1988 (Cth). Our Privacy Policy explains what personal information we collect, how we collect it and from whom, how we hold, use and disclose it, and how you can access, correct or make a complaint about our handling of it.

We do not sell, publish or give away your personal information.

We will use your personal information for the purposes for which it was collected, which includes arranging insurance, administering policies, assisting with claims, and communicating with you, as further described in our Privacy Policy. We may also be required to disclose personal information to law enforcement, government agencies or regulatory bodies where required by law.

You have the right to access and correct your personal information held by us, subject to the provisions of the Privacy Act 2020. If you choose not to provide personal information we request, we or our insurance capacity providers may be unable to provide you with a quote, arrange or issue insurance, administer a policy, communicate with you, or respond to your enquiries.

You can access our Privacy Policy or contact us to request a copy be sent to you.