The Bounce Promise
The Bounce promise is an effortless pay-out within days of being notified about the seismic shaking at your nearest GeoNet sensor. Our sole purpose is to pay cash upfront to cover your additional expenses resulting from a large earthquake.
How is Bounce different?
A parametric approach.
EQC and traditional insurance providers have complex claims adjustment processes and payments can take months to get into your hands. We know that the faster money gets into the hands of people and businesses during a crisis, the easier it is to keep living life.
Bounce insures you through a parametric approach —which insures policy holders against the occurrence of an earthquake by paying a set amount based on the quake intensity, rather than based on the cost of damage as in a traditional earthquake policy.
Bounce vs Traditional Insurance.
Normal Earthquake Insurance
Reimburse damaged property
So how does it work?
Doing good. Together.
Lloyd’s is the world’s leading insurance and reinsurance marketplace. They are our financial backers. Click here for information on the financial strength ratings of Lloyd’s.
To ensure payment fairness and transparency, we have engaged with GeoNet. GeoNet is New Zealand’s leading authority on seismic data.
Still got questions?
We provide low cost, quick pay earthquake insurance with the aim of getting more Kiwis protected.
