Summer 2025/26 Promotion: Terms & Conditions

Effective for the 2025–2026 summer promotional period

1. Definitions

1.1 “Mariner Insurance”, “we”, “us”, or “our” means Mariner Marine Insurance Ltd, a New Zealand underwriting agency specialising in boat insurance.

1.2 “New Customer” means an individual or entity who has not held any active or recently cancelled (within the last 12 months) boat insurance policy underwritten or administered by Mariner Insurance. This excludes:

• Existing policyholders, including those renewing, reinstating, or amending an existing policy; and

1.3 “Promotion” means the 10% discount on qualifying premiums as described in these Terms and Conditions.

1.4 “Promotional Period” means the period beginning 12:01am on 01 December 2025 and ending 11:59pm on 31 January 2026, unless amended or terminated earlier by Mariner Insurance.

1.5 “Qualifying Policy” means a new boat insurance policy issued by Mariner Insurance during the Promotional Period that meets all eligibility criteria contained in these Terms and Conditions.

1.6 “Base Premium” means the base premium for the policy before application of levies, taxes, fees.

2. Eligibility Criteria

2.1 The Promotion is available only to New Customers purchasing a Qualifying Policy during the Promotional Period.

2.2 The following are not eligible:

• Policy renewals (automatic or manual)
• Mid-term policy amendments, additions, or substitutions
• Transfers of ownership or changes to existing Mariner Insurance policies
• Policies quoted during the Promotional Period but bound outside the Promotional Period

2.3 Mariner Insurance reserves the right to verify New Customer status using internal policy records and associated data.

3. Discount Details

3.1 The Promotion provides a 10% discount applied to the Base Premium of a Qualifying Policy.

3.2 The discount does not apply to:

• Government levies (e.g., Fire and Emergency New Zealand levy)
• GST
• Policy fees, administration charges, or inspection/survey costs
• Optional extensions or add-ons unless expressly stated in writing

3.3 The discount is applied once only and does not compound with any other promotional offers or discounts unless Mariner Insurance expressly approves such a combination in writing.

3.4 If the customer requests changes to the policy after inception that result in a recalculation of premium, the discount may not apply to the amended policy.

4. Qualifying Policy Requirements

4.1 Mariner Insurance may require supporting documentation (e.g., surveys for older or high-value vessels, photographs, valuation reports).

4.2 Acceptance of a proposal remains at the sole discretion of Mariner Insurance’s underwriting team.

6. General Conditions

6.1 Participation in the Promotion constitutes acceptance of these Terms and Conditions.

6.2 Mariner Insurance reserves the right to:

• Modify the Promotion or these Terms and Conditions
• Extend or shorten the Promotional Period
• Withdraw the Promotion at any time

Any such changes will not affect Qualifying Policies already in force.

6.3 Nothing in the Promotion overrides or alters the underlying policy wording, which remains binding.

6.4 To the fullest extent permitted by New Zealand law, Mariner Insurance is not liable for:

• Technical, system, or communication errors affecting eligibility
• Misinterpretation or misunderstanding of these Terms and Conditions
• Any loss or damage arising from participation in the Promotion beyond those required under the Consumer Guarantees Act 1993 or Insurance Contracts Act (as applicable)

7. Privacy and Data Use

7.1 By participating in the Promotion, customers consent to Mariner Insurance using their information for underwriting, verification, policy administration, and compliance purposes in accordance with our Privacy Policy.