Insurance HOME, CONTENTS & PRIVATE MOTOR VEHICLE. Your cover. Your choice.

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1 Insurance HOME, CONTENTS & PRIVATE MOTOR VEHICLE Your cover. Your choice.

2 > What works for you? Home, contents and private motor vehicle insurance at very competitive prices. 01 Finding the right policy for your needs 02 Why ASB? 03 ASB Home Insurance 05 ASB Contents Insurance 07 How much cover do I need? 13 ASB Private Motor Vehicle Insurance 15 Making a Claim 17 Important Information

3 Protecting your valuable assets against the unexpected allows you to get on with your life without the worry of the financial strain that an accident, loss, crime or disaster can bring. > Finding the right policy for your needs House and contents Flatting University hostel Residential investment properties Car and boat House renovations Moving house Lifestyle blocks ASB Home Insurance and Classic Contents cover protects your home and contents against damage, accidental loss and burglary. We can even cover the costs of temporary accommodation, if you re not able to live in your house while it is being repaired or rebuilt. We also have a no loss of claim-free discount for accidental breakage of windows and bathroom fittings. ASB Basic Contents cover is great cover if you don t have a whole house full of contents to insure but still want to protect your belongings. It includes legal liability cover of $1 million, which covers rebuilding or repairing your flat if you cause major damage to it. Your parents contents insurance may be able to be extended to cover you check with them. If not, our ASB Basic Contents cover may be right for you. ASB Home Insurance can cover you with a policy that includes cover for loss of rent if the house is uninhabitable due to loss or damage. It s a good idea to talk to your tenants about getting a Contents policy, such as ASB Basic Contents so they have liability cover to repair or rebuild your home if they cause major damage to it. ASB Private Motor Vehicle insurance provides a choice of Standard, Third Party Fire and Theft and Third Party cover. We can cover your boat with our ASB Pleasure Craft insurance. If you re renovating your home, a Contract Works policy provides cover against theft of your building materials and tools, as well as loss or damage caused by the construction work. If you are moving house, or have your things in storage, you can protect them from accidental damage by paying for a Goods in Transit or Goods in Storage extension on your ASB Classic Contents cover. ASB Home Insurance and Classic Contents will cover your house and contents and you can take out our specialist ASB Farm Insurance, which will cover you for your sheds, livestock and farm equipment for Insurance enquiries, 8am-9pm, 7 days a week.

4 At ASB we don t just help you manage your assets, we can help you protect them too, with comprehensive and competitive insurance packages... > Why ASB? > Over 160 years experience serving New Zealanders. > Stay One Step Ahead - keep your insurance and finances in the same trusted place. > Claim-free discounts on Home, Contents and Private Motor Vehicle policies. > Flexible premium payment options choose easy fortnightly, monthly or annual direct debit payments. We ll give you a package discount for any combination of Home, Contents or Private Motor Vehicle policies taken together. > Annual payment discount available when you choose to pay your premium annually. > Pay by ASB Visa or MasterCard and you could also earn True Rewards Dollars. > 15 day free look period > Choice of cover to best fit your Home, Contents and Private Motor Vehicle insurance needs. > Package discounts when you take any combination of Home, Contents or Private Motor Vehicle policies together for Insurance enquiries, 8am-9pm, 7 days a week.

5 When you consider how much effort you put into finding or building your home it makes sense to take time to choose the right insurance cover for it. > ASB Home Insurance Benefits > No loss of claim-free discount and no excess to pay for accidental breakage of windows and bathroom fittings. > Stress payment of $1,000 following a total loss claim. > Up to $1,000 to replace stolen keys and to alter locks, with no excess to pay or loss of your claim-free discount. > Cover for legal liability as a home owner of up to $1,000,000. > Accommodation costs or loss of rent up to $11,250 if your house is not liveable following loss or damage. Discounts > Claim-free discount up to 40%. > Professionally installed burglar alarm discount. > A package discount when you take out any combination of Home, Contents or Private Motor Vehicle policies together. > Higher package discounts if you are over 55 years of age. > Annual payment discount for more information, or visit any ASB Branch.

6 > Types of Cover > Actual Replacement Cover allows your home to be rebuilt using today s materials, regardless of cost. > Sum Insured Replacement Cover rebuilds your home up to the Sum Insured. Both covers include a top-up to the cover provided by the Earthquake Commission (EQC) for earthquakes, volcanic eruptions, hydrothermal activity, landslide or tsunami for Insurance enquiries, 8am-9pm, 7 days a week.

7 Think carefully about the real value of your home contents before you need to make a claim. We ll make sure you re properly covered. > ASB Contents Insurance Classic Contents Cover > Full replacement of most furniture, furnishings and home appliances regardless of age. > Up to $1000 to replace stolen keys and to alter locks, with no excess to pay or loss of your claimfree discount. > Stress payment of $1000 following a total loss claim. > Cover for your home contents and personal items while they are at your home or while they are temporarily elsewhere in New Zealand. Basic Contents Cover > Full replacement or repair for furniture, furnishings, home appliances, stereos and TVs less than 5 years old and computers less than 3 years old. > Present value or cost to repair for other contents. > Legal Liability of up to $1,000,000 for loss or damage to anyone else s property in New Zealand. > Standard Excess of $250. > Maximum value of contents you can insure is $30, for more information, or visit any ASB Branch.

8 > Discounts > Claim-free discount up to 40%. > Professionally installed burglar alarm discount. > Higher discounts may apply for monitored burglar alarms. > A package discount when you take out a combination of Home, Contents or Private Motor Vehicle policies together. > Higher package discounts if you are over 55 years of age. > Annual payment discount for Insurance enquiries, 8am-9pm, 7 days a week.

9 > How much cover do I need? Lounge AVERAGE VALUE $ ABOVE AVERAGE VALUE $ Bookcases YOUR VALUE $ Books/Video Tapes/ Video Games CD s/cassettes/records 900 1,500 Coffee Tables 800 1,100 Lounge Suite/Chairs 2,500 4,000 Stereo/Radio 1,300 3,000 Television 900 2,000 Video/DVD Player Wall Unit 1,000 2,000 Other Total 8,850 16,100 Dining Room AVERAGE VALUE $ ABOVE AVERAGE VALUE $ China Cabinet 1,000 2,000 YOUR VALUE $ China/Crystal/Pottery 500 1,000 Dining Suite 1,500 2,500 Liquor Silverware 400 1,000 Other Total 3,635 6, for more information, or visit any ASB Branch.

10 > Kitchen AVERAGE VALUE $ ABOVE AVERAGE VALUE $ Coffee Machine Cutlery Dishwasher 1,275 1,500 Food 800 1,000 Food Mixer Food Processor Fridge 1,600 1,800 Frypan/Crockpot Glassware/Crockery Jug/Kettle Microwave Other Electrical Appliances Pots/Pans/Bowls Radio Sandwich Maker Table and Stools Toaster Utensils Other YOUR VALUE $ Total 6,785 9,600 Laundry AVERAGE VALUE $ ABOVE AVERAGE VALUE $ Brooms/Mops/Buckets Cleaning Materials Clothes Dryer Iron Ironing Board Washing Machine 850 1,500 Other YOUR VALUE $ Total 1,700 2, for Insurance enquiries, 8am-9pm, 7 days a week.

11 > Bedrooms AVERAGE VALUE $ ABOVE AVERAGE VALUE $ Baby Furniture Beds/Mattresses/Pillows 3,300 5,000 Blankets/Duvets/Quilts 1,500 1,600 Books Desks/Chests Dressing Tables/Tallboys 1,200 1,800 Electric Blankets Main Bedroom Suite 2,150 4,000 Pram/Pushchair Radios Toys Other YOUR VALUE $ Total 10,750 16,200 Personal AVERAGE VALUE $ ABOVE AVERAGE VALUE $ Bags/Suitcases/Wallets Binoculars Camera* Clothing (at least) 5,000 7,500 Computer Software 1,200 3,000 Cosmetics Electric Shaver/Hair Dryer Footwear (at least) 1,500 3,000 Home Computer 2,000 3,500 Jewellery/Watches* 2,000 2,500 Photographs/Albums Spectacles/Sunglasses Sports Equipment/Sleeping Bags 500 2,000 Toiletries Video Camera/Camcorder* 1,500 2,500 Other YOUR VALUE $ Total 16,030 28,250 * Refer to page 12 for important information on special items. 9 for more information, or visit any ASB Branch.

12 > General AVERAGE VALUE $ ABOVE AVERAGE VALUE $ Carpets/Rugs 6,000 10,500 Clocks Curtains/Blinds 4,000 5,000 Cushions Heaters/Fans Light Fittings/Lamps 750 1,900 Medicine Cabinet Contents Mirrors Ornaments* 750 1,000 Paintings/Pictures* 900 1,500 Pot Plants/Holders Telephones Cellphones Other YOUR VALUE $ Total 14,050 23,200 Storage/Garage AVERAGE VALUE $ ABOVE AVERAGE VALUE $ Bicycles* 750 1,500 Camping Gear 800 3,000 Freezer 940 1,200 Freezer Contents Garden Equipment Ladders/Wheelbarrows Lawnmower Linen 900 1,000 Outdoor Furniture Sewing Machine/Overlocker 2,200 3,700 Tools 700 1,500 Vacuum Cleaner Other YOUR VALUE $ Total 9,040 15,950 * Refer to page 12 for important information on special items for Insurance enquiries, 8am-9pm, 7 days a week.

13 > Summary AVERAGE VALUE $ ABOVE AVERAGE VALUE $ Lounge 8,850 16,100 YOUR VALUE $ Dining Room 3,635 6,850 Kitchen 6,785 9,600 Laundry 1,700 2,620 Bedrooms 10,750 16,200 Personal 16,030 28,250 General 14,050 23,200 Storage/Garage 9,040 15,950 Sub Total 70, ,770 Add 5% for inflation & purchases 3,542 5,938 Your Sum Insured 74, , for more information, or visit any ASB Branch.

14 > *Special Items > Specify below any items over $2,500 for Classic Contents cover, or over $1,000 for Basic Contents cover, from categories marked with ( * ) on previous pages. > List any jewellery that you require replacement cover for. > List any collections with a value over $2,500 for Classic Contents cover, or over $1,000 for Basic Contents cover. > List any surfboard, windsurfer, dinghy or canoe with a value up to $3,000 each for Classic Contents cover, or up to $1,000 for Basic Contents cover. > When you take out your policy these items need to be named as specified items, or limits will apply. Special Items $ VALUE Total for Insurance enquiries, 8am-9pm, 7 days a week.

15 Choosing the right car insurance is almost as important as choosing the car itself... > ASB Private Motor Vehicle Insurance No matter how carefully you drive, or how securely your car is kept at home, you need comprehensive cover against damage and theft as well as third party insurance. At ASB we offer a range of options to suit your budget and circumstances. Benefits and Discounts > Comprehensive cover for your Private Motor Vehicle. If your vehicle is written off, we agree to either replace it with a similar vehicle or pay you the Sum Insured, provided your vehicle was, in every respect, in a good and well maintained condition immediately prior to the claim. > Claim-free discount up to 65%. > Discount may apply for professionally installed Security Systems.* > A package discount if you take out a combination of Home, Contents or Private Motor Vehicle policies together. > Higher package discount if you are over 55 years of age. * Not available for Third Party Only cover for more information, or visit any ASB Branch.

16 > > Discount if you exclude drivers under 25 years of age (other than you and your partner). > Annual payment discount. > Three Policy Cover options to protect your motor vehicle. Policy Cover STANDARD THIRD PARTY FIRE & THEFT THIRD PARTY ONLY Accidental loss of or damage to your vehicle Loss or damage by fire or theft Legal liability up to a maximum of $20,000,000 Personal accident benefits up to $10,000 Certain medical expenses up to $500 The reasonable cost of returning your vehicle to your home after it has been repaired or recovered Transport home by rail or bus following loss of or damage to your vehicle Legal expenses up to $1,000 for defending a manslaughter charge Replacement if your vehicle is less than 1 year old and becomes a total loss Trailer cover up to $1,000 Discount available for excluding drivers under 25 years of age Windscreen cover Protection against uninsured drivers for Insurance enquiries, 8am-9pm, 7 days a week.

17 An accident or loss can be stressful, making a claim shouldn t be. > Making a Claim It s important that you know what to do if anything does happen. That way your claim can be settled promptly. If your property is damaged please take reasonable precautions to prevent further loss or damage. This includes arranging any emergency repairs, such as replacing broken locks. Note: you must keep the receipts for any costs you incur. Most importantly, contact ASB Claims Centre as soon as possible on We re available 24 hours, 7 days a week. We will register your claim and advise you what will happen next. If you receive any documentation from another party regarding a claim please ring us immediately. Burglary and Theft If you suspect the loss, damage, theft or malicious damage was due to burglary, you should notify the Police immediately. Provide them with as many distinguishing features of the lost, stolen or damaged property as possible. The Police will give you an acknowledgement form detailing the loss or damage. Please hold onto this in case we need it for more information, or visit any ASB Branch.

18 > Home and Contents Claims For a Home and Contents claim, you need to compile information to show what you have lost, including proof of ownership and what the value of the loss is. Think ahead. Keep receipts, valuations and photos of valuable items. Helpful supporting information includes: > receipts, photographs, valuations and repair estimates > evidence supporting your ownership We will let you know what you are insured for and whether repair, replacement or a payment for your loss will settle the claim. Excess Your excess is the amount of each claim you will have to pay. In other words, it is the amount that will be deducted from each claim. > $150 standard excess for Home Insurance, except when your home is tenanted when the standard excess is $350. > $150 standard excess for Classic Contents cover and $250 for Basic Contents cover. > $300 standard excess for Private Motor Vehicle Insurance except when the driver is: aged 21 to 24, the excess is $750. aged 25 or over and has held a current licence for less than 12 months, the excess is $750. aged under 21, the excess is $1,000. A higher voluntary excess or imposed excess may apply for Insurance enquiries, 8am-9pm, 7 days a week.

19 > Important Information The information contained in this brochure is of a general nature and is intended as a guide only, outlining some of the benefits provided by ASB Home, Contents and Private Motor Vehicle Insurance. Call us to arrange your insurances today: Call in to any ASB branch and our friendly team will be happy to answer any questions you may have and provide you with a quote. Or simply phone us on Exclusions do apply. For full details of the kinds of loss, damage and liability not covered, refer to the Policy Document, which is available from ASB Bank Limited. Please note: A minimum premium applies for all policies. Accordingly, even though your policy may qualify for one or more discounts, the total of these discounts cannot cause your premium to be less than the required minimum. The availability of any insurance cover is subject to your application being approved. ASB Insurance is underwritten by IAG New Zealand Limited, a member of the Insurance Council of New Zealand Inc. The Insurance Companies (Ratings & Inspections) Act 1994 requires insurance companies to obtain and disclose a current Claims Paying Ability Rating which represents their ability to pay present and future claims. IAG New Zealand Limited received a rating on 7 May 2008 of AA- ( very strong ) from Standard and Poor s (Australia) Pty. Ltd for more information, or visit any ASB Branch.

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