NotebookAnnual insurance premium reviews<strong>Police</strong> Fire &General InsuranceEach year, the underwriter(Lumley General Insurance)reviews the rates for <strong>Police</strong> Fire& General Insurance (home,contents, motor vehicle andpleasure craft). This year, thegood news is there will beno increase in premiums forcontents, motor vehicle orpleasure craft covers.Unfortunately, the news is notso good for house insurance. Theongoing effects of the Canterburyearthquakes and, to a lesserextent, other disasters, give a lossratio (claims costs divided bypremiums) for houses this year of179 per cent, meaning premiumswill increase, some significantly.Most other insurers have alreadyincreased their premiums inresponse to these disasters, andothers are signalling that furtherlarge increases are pending.Driven by reinsurancerequirements, the increases thisyear will also be determined bylocation, with the areas assessedas having a higher risk facing thelarger increases.The company premium (notFire Service or EarthquakeLevies) in greater Auckland willincrease by 10 per cent. GreaterWellington, Canterbury andHawke’s Bay are considered thehighest risk areas and housepremium in all these locationswill increase by 40 per cent,with company premiums for thebalance of the country increasingby 20 per cent.Please note that the increasesare on the “company premium”only, so the net increase rangesfrom 6 per cent to about 27per cent. For the worst affectedmembers, the increase is unlikelyto be more than $10 a fortnight.A review of the costs of insuringwith other providers hasconfirmed that, notwithstandingthese increases, our premiumsremain very competitive.There will also be a changeto home policy excesses fromJuly 1 and a new natural disasterexcess. Information will beprovided with members' RenewalSchedule.All members with coverthrough the <strong>Police</strong> Fire & GeneralInsurance will be sent a renewalschedule, with the new premiumseffective from deduction dateJuly 3.Please note that the aboveincreases do not include anyimpact that may arise from thechange from Area Replacementto Sum Insured cover.Circumstances changed?Take some time to check yourinsurance cover.You may have “moved intogether”, got married, renovated,splashed out on a big-screenTV or updated your car’s soundsystem. We all accumulate moreassets over time and often thelevel of contents cover thatmembers have is insufficientwhen a major loss is suffered.When you receive your insuranceschedule, please check it to ensurethe details are accurate and theitems are insured for a realisticamount. A handy checklist onwww.policeassn.org.nz can helpyou work out the current valueof your contents, listing commonitems and providing a guide totheir value.Have you heard about ourfree roadside support service?For more than four years now,members with “Full Cover”motor vehicle insurance* havebeen enjoying the peace of mindof having professional roadsideassistance only a call away, at noadditional cost. This service isprovided by the <strong>New</strong> <strong>Zealand</strong>Automobile <strong>Association</strong> andincludes emergency transportand accommodation benefits notgenerally provided by standardroadside services. This free coverand support are attached to thefully insured vehicle, not the driver,so it doesn’t matter who is drivingyour car. If there is a problem, thedriver calls PWL Roadside AssistPlus on 0800 500 122.*Motor vehicles insured for “FullCover” are eligible for PWF RoadsideAssistance Plus; all third partypolicies, trailers, horse floats andvehicles over 3.5 tonnes are excluded.When you get yourrenewal noticesIf you pay through the <strong>Police</strong>pay system . . . you do not haveto do anything. The relevantpremium adjustments for <strong>Police</strong>Life Insurance Extra and forFire & General Insurance willbe automatically deducted fromyour pay on July 3.If you pay through your<strong>Police</strong> and Families CreditUnion account . . . you willneed to ensure that you havesufficient funds going into yourcredit union account to meetany premium changes by July 3.This means automatic paymentsto your credit union accountmay need to be increased.<strong>Police</strong> LifeInsurance ExtraEach year, <strong>Police</strong> Life InsuranceExtra premiums are adjusted inline with a member’s age at theannual renewal of the policyin July. Members will receivepremium advice in June for effectJuly 3.Who should your lifeinsurance benefit go to?Now is a great time to reviewand, if necessary, update whoyour life insurance benefitshould go to in the event of yourdeath. To view the latest BenefitNomination Form, go to theMembership Details page in theMembers Only section of ourwebsite, www.policeassn.org.nz.If this needs to be updated, youcan print a new form from theForms & Documents page of thewebsite. When we receive yournew nomination form, it willautomatically revoke and replacethe previous form.Take our one-minute onlineLifestyle Security CheckWe want to help ensure youand your family’s lifestyle issecure and protected fromfinancial hardship. Take oneminute from your day to takethe Lifestyle Security Check atwww.policeassn.org.nz/productsservices/insurances.Need some help?Call our Insurances Team,8am-5pm, Monday to Friday,on <strong>Police</strong> network extension44446, freephone 0800 500122, or email insurances@policeassn.org.nz.Members –don’t missout on greatdiscountsCheck out our growing range ofdiscounts for members throughthe <strong>Police</strong> <strong>Association</strong> MemberDiscounts Programme.Simply log in to www.policeassn.org.nz.Select “Member Discounts” from theProducts & Services menu to view thediscounts available.132 june 2013police news – the voice of police
NotebookTraumatised by a tornadoA violent storm affected threepolice families in Auckland, allof whom received aid from the<strong>Association</strong>.With the sky darkeningaround her, CatherineTaylor realised theweather had turned, but she wasdetermined to finish mowing thelast bit of lawn at her Hobsonvillehome. Her Labrador dog, Wag,wasn’t hanging about though – heran inside as a violent and totallyunexpected tornado bore down onthe area.Catherine’s partner, Regan, adiesel mechanic with the <strong>New</strong><strong>Zealand</strong> Air Force at nearbyWhenuapai, had just made it hometo the West Auckland suburbbefore the roads were closed. In lessthan five minutes the tornado hadkilled three construction workers,destroyed 22 homes and badlydamaged more than 300 otherproperties.The violent twister was followedby torrential rain and flooding andCatherine and Regan franticallytried to save their possessionsinside their rented house, notrealising at that stage that most oftheir roof had been blown off.“Our neighbours and friendswere fantastic assisting with thepack-up,” Catherine says. “Thestreets were cordoned off, and westayed home packing.” They storedsome items at a neighbour’s housethat wasn’t as badly damaged.<strong>New</strong>ly pregnant, Catherine, adispatcher at North Comms inAuckland, phoned her midwife tocancel her appointment and thenrang her insurance company.“Rhys Cantwell [<strong>Police</strong> staffwelfare officer] phoned asking howhe could assist, and the next dayoffered us a <strong>Police</strong> home to live inwhile we got sorted,” Catherinesays.That first night, Wag went to staywith a friend and Catherine andRegan bunked down with friendsat West Harbour. The next day,“after some Kiwi ingenuity packingup wet gears we were in the <strong>Police</strong>home”.“Rhys continued to make phonecalls of support, and within dayswe had a grant to assist withimmediate costs,” Catherine says.Her boss, North Commsmanager Superintendent KelvinPowell, also made regular callsand ensured she had time off workduring the busy Christmas period.With winds of up to 200kilometres an hour, the tornado,which hit on the afternoon ofDecember 6 last year, left behind aclean-up bill of $16 million and upto 300 people were homeless. Theextent of the devastation shockedcivil defence and emergencyservices.Not only was Catherine andRegan’s house not safe to returnto, but the tornado had written offone of their cars and extensivelydamaged the other. Regan’s projectCadillac was also damaged.The <strong>Police</strong> Welfare Fundprovided Catherine and Regan witha financial grant, petrol vouchersand two nights in a holiday home.Catherine and Regan found anew rental property just beforeChristmas and are now happilysettled in and expecting their firstbaby in July.“The assistance from the <strong>Police</strong><strong>Association</strong> has been amazing,and we wouldn’t have recovered asquickly without such generosity,along with support from friends,family and colleagues, includingfood hampers that were perfect intime for Christmas,” Catherine says.<strong>Police</strong> Welfare Fund assistanceis available to members who findthemselves in a situation such asthe loss suffered by Catherine andRegan. Two other <strong>Police</strong> families“The assistancefrom the <strong>Police</strong><strong>Association</strong> hasbeen amazing,and we wouldn’thave recoveredas quicklywithout suchgenerosity.”– Catherine Tayloraffected by the tornado were alsoassisted by Rhys and AucklandCentral <strong>Police</strong> <strong>Association</strong>committee secretary Simon Prentis,who works at North Comms.<strong>Police</strong> Welfare Fund managerPete Hayes says it was amazing thatthere were three <strong>Police</strong> familiesliving so close to each other whoall suffered because of the freakweather event.“In cases such as this, the whole<strong>Police</strong> family can work togetherto assist members in their hour ofneed. It is very pleasing to assistCatherine and the other memberswho were so badly affected thatday.” – Ellen BrookThe tornado left up to 300 homes uninhabitable, including CatherineTaylor's rental property, above.new zealand police aSSOCIATION june 2013 133