Insurance is one of those things that every business hopes never to need, but should always have … just in case. In these litigious times, when there are lawsuits over the smallest things, insurance may be the only thing between life as you know it and losing everything.

The NZSMA understands that it can be tough starting out when costs keep piling up. That’s why we’ve partnered with Crombie Lockwood and NZI to to make it possible for you to protect you and your business at affordable cost.

NZSMA can offer small businesses, self-employed and hobby soap makers who earn less than $50k annually a liability insurance package for $80 per year.

In short, you are insured for all sums that you become legally liable to pay arising from injury and/or damage that happens during the period of insurance, caused by an event in connection with your business.

The insurance term runs from 1 December to 30 November each year. You can apply for cover any time, but you will only be covered for this term, regardless of joining time. For example, if you join 25 of March, you will be covered for the remainder of the insurance year: 25 March until 30 November. There is no pro-rata or refund. This allows us to keep the fees affordable for everyone.

Cover is only confirmed once we have received your Completed proposal form and payment.

You will receive an email confirming your Cover has been approved.

Membership $50 + Insurance $80

For more information, see below:

NZSMA Insurance Proposal Form

NZI Broadform Liability

NZI Statutory Liability Policy

Insurance FAQ

Claims Procedure Document