Earthquake insurance
Abstract
Property owners in New Zealand obtain indemnity against loss or damage occurring as a direct result of earthquake shock or earthquake fire under a compulsory extension to a contract of fire insurance. A special earthquake and war damage premium is levied under fire insurance contracts made in New Zealand and is paid by the insurer into a fund which is administered by the Commission under the Earthquake and War Damage Act 1944.
Copyright (c) 1969 J. L. Gill

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