This offer is promoted by Medical Assurance Society New Zealand Limited (“MAS”).  

Medical Funds Management Limited is the issuer of the MAS Investment Funds. A copy of the PDS for the Scheme is available at mas.co.nz/investmentfunds

The offer is available to Hato Hone St John employees and volunteers who take out a new MAS house, contents, or car insurance policy (“Relevant Policy”) between 1 April and until otherwise notified by MAS.  

 

Offer period  

The MAS General Insurance Welcome offer starts on 1 April 2026 and ends once the maximum number of Prezzee digital gift cards and MASIF contributions have been allocated, unless extended at MAS’s discretion. 

MAS has allocated a total budget for this offer. MAS reserves the right to close the offer once this budget has been fully allocated.  

By taking out a Relevant Policy (as defined below), you accept these terms and conditions. 

“You” refers to the primary policyholder who has been nominated to receive all correspondence for the Relevant Policy (“Nominated Policy Owner”). 

 

The Welcome offer  

The Welcome offer provides eligible Hato Hone St John employees and volunteers who purchase new MAS General Insurance policies during the Offer Period: 

  • $50 Prezzee digital gift card for your first car insurance policy  
  • $50 Prezzee digital gift card for your first contents insurance policy 
  • $100 Prezzee digital gift card for your first house insurance policy 
  • Bundle all 3 and choose either: 
    • a $250 Prezzee digital gift card, or 
    • a $500 contribution into a MAS Investment Funds account (“MASIF Contribution”). 

Bundle offer eligibility clarification
To qualify for the bundled reward (either the $250 Prezzee digital gift card or the $500 MASIF contribution), all 3 eligible policies of house, contents, and car insurance, must be taken out as part of the same purchase process or within 7 consecutive calendar days of each other.

If all 3 relevant insurance policies are not opened within this timeframe, the Nominated Policy Owner will only receive the individual policy rewards applicable to each policy type.

Nominated Policy Owners may only receive one Prezzee digital gift card per product type and one bundled reward during the Offer Period. 

The offer is available only once per Nominated Policy Owner, regardless of how many policies they are nominated on. 

The offer is not transferable and cannot be exchanged for cash.

Offer criteria  

This offer applies to new MAS house, contents, or car insurance policies (“Relevant Policy”) purchased during the Offer Period. 

To be eligible: 

  • You must be a Hato Hone St John employee or volunteer at the time of purchase. 
  • You must be aged 18 years or older and the Nominated Policy Owner. 
  • Welcome offers are applied at the point of purchase and included in the final quote. 
  • If the Relevant Policy is cancelled within the first 30 days of commencement, MAS reserves the right to withhold the Prezzee digital gift card amount or MASIF contribution. 
  • Each Prezzee digital gift card is available once per policy type (house, or contents, or car), and only one bundled reward per Nominated Policy Owner. 
  • To be eligible for the bundled reward, all three Relevant Policies must have matching policy start dates within the same 7-day period. MAS may, at its sole discretion, verify timing eligibility and decline the bundled reward where policy start dates fall outside this period.

All new policies are subject to MAS’s standard underwriting criteria and acceptance. Acceptance is not guaranteed. Policy terms and conditions apply. 

 

Exclusions  

This offer does not apply to: 

  • Existing MAS General Insurance policies that are cancelled and reissued during the Offer Period. 
  • Renewals of existing MAS General Insurance policies. 
  • Increases to cover under an existing MAS General Insurance policy. 
  • Business, landlord, or commercial insurance policies. 
  • Policies purchased by companies, trusts, or other entities. 
  • MAS staff and their immediate family members. 
  • Policies issued and then cancelled within 30 days (the 'cancellation period', in which case the Prezzee digital gift card amount or MASIF contribution will not be paid). 

 

Receiving the Offer  

For Prezzee digital gift cards: 

  • MAS will aim to email you the Prezzee digital gift card within 2 business days once the 30 day cancellation period has ended after taking out a Relevant Policy. 
  • If a Relevant Policy is cancelled within the first 30 days, MAS have the right to withhold the Prezzee digital gift card amount. 

For the MASIF Contribution option (bundle reward): 

  • To receive the $500 contribution, you must be an account holder of a MAS Investment Funds account in your name (individual or joint). 
  • If you are not already an account holder, you must open a MASIF account within 60 days of meeting the 30 day requirement to keep the Relevant Policies in force. Standard MASIF application, eligibility, and customer due diligence requirements apply. 
  • Where you already have a MASIF account and you are the Nominated Policy Owner of the Relevant Policies, MAS will contact you to confirm which account to deposit the contribution into. 
  • If MAS is unable to confirm your account details within 60 days, MAS will not be liable to make the MASIF Contribution. 

MAS is solely responsible for making the MASIF Contribution in accordance with these terms and conditions.   

MAS will make the MASIF Contribution once the Relevant Policies have remained in force for at least 30 consecutive days, with all premiums paid up to date. The MASIF Contribution will be made in accordance with "Receiving the MASIF Contribution Offer" terms below.

All applications for new insurance cover are subject to MAS’s underwriting criteria and acceptance. Acceptance is not guaranteed, and policy terms and conditions apply.  

Receiving the MASIF Contribution Offer: 

MAS is solely responsible for making the MASIF Contribution in accordance with these terms and conditions.  

MAS will aim to make the MASIF Contribution in the month following the date the 30 day requirement has been met. MAS anticipates that contributions will be made monthly on or around the 20th of the month starting from April 2026. The actual date MAS will make a MASIF Contribution will be determined by reference to the 30 day requirement to keep the Relevant Policies in force with premiums up to date as outlined in the Offer criteria section above.  

To receive a MASIF Contribution, you must be an account holder of a MAS Investment Funds account.  

If you are not already an account holder, you must open a MAS Investment Funds account within 60 days of meeting the 30 day requirement to keep the Relevant Policies in force.   

You can do this by reading the MAS Investment Funds Product Disclosure Statement and completing an application form, either using the form at the back of the PDS or via the online application form available at MAS Investment Funds. 

To become a member of MAS Investment Funds you must meet all eligibility criteria, including completing an application form and satisfying all customer due diligence requirements for new accounts prior to the MAS Contribution being made. MFM or MAS may request additional documentation to verify eligibility. 

Where the Nominated Policy Owner opens a joint or individual MAS Investment Funds account in their name after taking out a Relevant Policy, MAS will automatically make the MAS Contribution into that account. 

Where the Nominated Policy Owner already has a MAS Investment Funds account in their name either jointly or individually, MAS will send a link for the Nominated Policy Owner to confirm which account the Nominated Policy Owner would like the MASIF Contribution made into. 

MAS Contributions will be made in accordance with the selected future investment strategy for the MAS Investment Funds account. 

Where MAS is unable to confirm that you have set up a MAS Investment Funds account in your name either jointly or individually, or MAS does not receive a nominated account from you, MAS will endeavour to remind you to provide this nomination. If MAS needs further information to make the MAS Contribution, MAS will make reasonable efforts to contact you. If MAS is unable to contact you before within 60 days of you meeting the 30 day requirement to keep the Relevant Policy in force, then MAS will not be liable to make a MASIF Contribution.  

Members are able to withdraw funds from their MAS Investment Funds account in accordance with the terms and conditions of the Funds. 

Your personal information  

By taking out the Relevant Policies and/or opening a MAS Investment Funds account, MAS will collect your personal information and the personal information of any additional policyholder(s) or members.   

You have the right to check and correct any information you provide to enter this Offer.   

We will hold and use the information you provide in line with the MAS Privacy Statement.  

Tax  

No company in the MAS Group is liable for any tax customers may need to pay in receiving the MASIF Contribution. Members should consult a tax professional as tax implications will depend on personal circumstances.  

Other conditions  

We may change, extend, or cancel the Offer or these terms and conditions at any time without notice.  

MAS may refuse to make a MASIF Contribution to a person who, in MAS's reasonable view, has acted fraudulently or not complied with these terms and conditions.  

This Offer and these terms and conditions are exclusively governed by the laws of New Zealand.