New Zealand grown. Member owned.
We're proud to be a New Zealand-owned insurance and investment company that’s been enhancing the financial health and wellbeing of our Members since 1921. We offer a range of insurance and investment options to help grow our Members’ wealth and protect what’s important to them.
We’re a Mutual, owned by our Members, so we have their best interests at heart and not a single dollar goes to offshore shareholders. We’re committed to forming life-long relationships with our Members by caring for them with exceptional service, premium products and expert advice.
And, as you’d expect from a company founded by doctors, we’re community driven. In 2019 we established MAS Foundation, a philanthropic organisation that funds community-led projects to improve health and wellbeing equity in Aotearoa New Zealand. Being a MAS Member means you not only receive outstanding products and service, but your contributions make a real difference to support the health and wellbeing of our communities.
Some of what we offer
- Business Insurance
- Business Life Insurance
Business Insurance
Cover for your commercial property, equipment and stock for physical loss or damage caused by weather-related events, earthquakes, fire, burglary, accident, and lost or damaged electronic equipment.
If your business is impacted by an event, Business Interruption can cover the effects such as loss of insurable gross profit, fixed expenses and costs associated with resuming business.
Injured someone or damaged someone's property while running your business? This cover can protect against the costs you may be liable to pay.
If one of your employees is injured by accident in connection with your business, this cover can protect you against the costs you might be liable to pay.
If you unintentionally commit a strict liability offence and are prosecuted, MAS provides Statutory Liability Cover. This covers fines and penalties as well as the defence costs you may need to pay.
If you (as an employer) unintentionally breach an employment agreement or the Privacy Act 2020, or the Human Rights Act 1993, our Employment Disputes Cover will cover you for the damages you'll need to pay under the law.
Employment Dishonesty Cover can protect for the loss of money or property that belongs to you, or is in your custody, because of an employee's dishonest actions including fraud.
In highly regulated environments, there are risks associated with offering professional advice and services. This cover provides protection for costs to defend allegations against you or your business and costs to cover compensation or damages you are legally liable to pay.
Directors and Officers can have personal exposure if the company is unable to provide indemnity or if charges are brought against them for failing to exercise due diligence or care in their role. This cover provides protection for the cost of defending claims made against a director or officer of the business, and damages or settlements you are legally liable to pay.
Designed for smaller businesses, this package of insurance covers includes Directors & Officers Liability, Public Liability, Statutory Liability, Employee Dishonesty, Internet Liability and defence costs.
Associations are exposed to a variety of risks and a wrongful act, error or breach of duty may result in financial loss. This policy can include cover for a director, secretary, officer, trustee, committee member or employee acting on behalf of the organisation. It covers costs incurred to respond to a regulator’s investigation, costs to defend allegations and costs to cover a compensation claim you are legally liable to pay.
Protect your business from the risks of increasing cybercrime including brand and reputation damage, lost income and productivity, third party liability, regulatory and legal defences expenses and more.
Business Life Insurance
Pays the sum insured if an insured person dies.
Pays either the Life Insurance sum insured or $1,000,000 (whichever is less) if an insured person is diagnosed as likely to die within 12 months.
Pays the Recovery Insurance sum insured for an insured person if they experience a serious medical condition and survive for at least 14 days.
Pays the Total and Permanent Disablement sum insured for an insured person if they become totally and permanently disabled. Totally and permanently disabled means due to a sickness or injury the insured person is unable to work and is unlikely to ever work again.
You can apply to increase your cover, without the need for further medical evidence, if an insured person experiences a business-event such as having an increase in their financial interest in the business or an increase in the level of a business loan for which they are a guarantor.
You can choose a payment option which best suits you (including monthly, quarterly, or yearly) as well as selecting a policy ownership structure which ensures funds are delivered to the right source when you most need them.
Pays either 50% of the Recovery Insurance sum insured or $100,000 (whichever is less) if an insured person’s child experiences a serious medical condition and survives for at least 14 days.
You can select for us to increase your sum insured every 12 months for inflation regardless of any change in the health or activities of the insured person with that cover.
Pays up to $5,000 to reimburse business, legal or accounting advice received by the business to implement their shareholder agreement after we pay a claim.
We will waive all premiums due for an insured person while they remain totally disabled.
Pays $10,000 to help return the body of an insured person to their home country if they die while overseas.
Add up to 10 people to your Business Life Plan as you need. This means just one premium and one document for your business for ease.
Some of what we offer
Business Insurance
Cover for your commercial property, equipment and stock for physical loss or damage caused by weather-related events, earthquakes, fire, burglary, accident, and lost or damaged electronic equipment.
If your business is impacted by an event, Business Interruption can cover the effects such as loss of insurable gross profit, fixed expenses and costs associated with resuming business.
Injured someone or damaged someone's property while running your business? This cover can protect against the costs you may be liable to pay.
If one of your employees is injured by accident in connection with your business, this cover can protect you against the costs you might be liable to pay.
If you unintentionally commit a strict liability offence and are prosecuted, MAS provides Statutory Liability Cover. This covers fines and penalties as well as the defence costs you may need to pay.
If you (as an employer) unintentionally breach an employment agreement or the Privacy Act 2020, or the Human Rights Act 1993, our Employment Disputes Cover will cover you for the damages you'll need to pay under the law.
Employment Dishonesty Cover can protect for the loss of money or property that belongs to you, or is in your custody, because of an employee's dishonest actions including fraud.
In highly regulated environments, there are risks associated with offering professional advice and services. This cover provides protection for costs to defend allegations against you or your business and costs to cover compensation or damages you are legally liable to pay.
Directors and Officers can have personal exposure if the company is unable to provide indemnity or if charges are brought against them for failing to exercise due diligence or care in their role. This cover provides protection for the cost of defending claims made against a director or officer of the business, and damages or settlements you are legally liable to pay.
Designed for smaller businesses, this package of insurance covers includes Directors & Officers Liability, Public Liability, Statutory Liability, Employee Dishonesty, Internet Liability and defence costs.
Associations are exposed to a variety of risks and a wrongful act, error or breach of duty may result in financial loss. This policy can include cover for a director, secretary, officer, trustee, committee member or employee acting on behalf of the organisation. It covers costs incurred to respond to a regulator’s investigation, costs to defend allegations and costs to cover a compensation claim you are legally liable to pay.
Protect your business from the risks of increasing cybercrime including brand and reputation damage, lost income and productivity, third party liability, regulatory and legal defences expenses and more.
Business Life Insurance
Pays the sum insured if an insured person dies.
Pays either the Life Insurance sum insured or $1,000,000 (whichever is less) if an insured person is diagnosed as likely to die within 12 months.
Pays the Recovery Insurance sum insured for an insured person if they experience a serious medical condition and survive for at least 14 days.
Pays the Total and Permanent Disablement sum insured for an insured person if they become totally and permanently disabled. Totally and permanently disabled means due to a sickness or injury the insured person is unable to work and is unlikely to ever work again.
You can apply to increase your cover, without the need for further medical evidence, if an insured person experiences a business-event such as having an increase in their financial interest in the business or an increase in the level of a business loan for which they are a guarantor.
You can choose a payment option which best suits you (including monthly, quarterly, or yearly) as well as selecting a policy ownership structure which ensures funds are delivered to the right source when you most need them.
Pays either 50% of the Recovery Insurance sum insured or $100,000 (whichever is less) if an insured person’s child experiences a serious medical condition and survives for at least 14 days.
You can select for us to increase your sum insured every 12 months for inflation regardless of any change in the health or activities of the insured person with that cover.
Pays up to $5,000 to reimburse business, legal or accounting advice received by the business to implement their shareholder agreement after we pay a claim.
We will waive all premiums due for an insured person while they remain totally disabled.
Pays $10,000 to help return the body of an insured person to their home country if they die while overseas.
Add up to 10 people to your Business Life Plan as you need. This means just one premium and one document for your business for ease.