For a limited time, we are offering a $150 cash back for any new Co-operative Bank Home, Contents, Landlord’s Home or Landlord’s Contents insurance policies taken out with The Co‑operative Bank (underwritten by IAG New Zealand Limited (IAG)) when refinancing an existing Home Loan with The Co-operative Bank.
To be eligible for the cash back, the new Home, Contents, Landlord’s Home and/or Landlord’s Contents insurance policy must have been established with The Co‑operative Bank/IAG between 20 April 2026 and 31 August 2026 (the Campaign Period). The customer must also be refinancing an existing Home Loan with The Co-operative Bank within the Campaign Period and be taking up the 2026 Existing Home Loan campaign offer.
Terms and Conditions:
- This campaign is run by The Co-operative Bank Limited, with its head office at Level 2, PwC Centre, 10 Waterloo Quay, Pipitea, Wellington, 6011.
- The $150 cash back is available once per Home, Contents, Landlord’s Home and/or Landlord’s Contents insurance policy established during the Campaign Period, up to a maximum of $600 per customer.
- To be eligible for the $150 cash back, the Primary Named Insured customer must hold a valid Co‑operative Bank transactional account for the cash back to be deposited into.
- The Primary Named Insured customer must be refinancing a Home Loan with The Co-operative Bank within the campaign period and be named as the primary or secondary borrower on The Co-operative Bank mortgage. They must also be taking up the 2026 Existing Home Loan campaign offer.
- For a policy to be established during the Campaign Period and be eligible for the cash back, the customer must have completed the purchase of a new Co‑operative Bank Home, Contents, Landlord’s Home and/or Landlord’s Contents insurance policy. Eligibility and establishment of a policy will be determined at The Co‑operative Bank’s sole discretion.
- Renewing, amending, upgrading, downgrading, adjusting or re‑instating an existing Co-operative Bank Home, Contents, Landlord’s Home or Landlord’s Contents insurance policy, and replacement policies (cancelling an existing policy and then purchasing a policy for the same asset within 6 months of cancellation) does not constitute a new policy and will not qualify for the cash back offer.
- Payment of the cash back will be made:
- If the customer pays their annual premium in full up front, within three months of the first year's premium being paid in full;
- If the customer pays their annual premium in instalments, within three months of the initial premium instalment being paid.
- If the first year's annual premium (if paid in full), or initial annual premium instalment (if paid in instalments), is not paid, no cash back will be paid.
- Payment will be made into the Primary Named Insured’s Co-operative Bank transactional account.
- The Co‑operative Bank collects, holds, uses and shares your personal information for the purpose of administering the offer and providing you with information about The Co‑operative Bank’s products and services in accordance with its privacy statement. You have rights of access to, and correction of, personal information held by The Co‑operative Bank.
- The Co‑operative Bank reserves the right to vary, suspend or terminate this offer and these terms and conditions at any time and without notice.
- To the extent permitted by law, The Co‑operative Bank, its employees and agents shall not be liable for any claims, damages, injuries, costs and expenses suffered, sustained or incurred (including but not limited to indirect or consequential) as a result of, arising out of, or in any way connected with this offer.
Terms, conditions, and exclusions apply to insurance cover. For more details, refer to the policy documents which are available from The Co‑operative Bank. This insurance is underwritten by IAG.
The availability of any insurance cover is subject to our insurance criteria, IAG’s underwriting criteria, and your application for insurance being approved. Terms, conditions, exclusions and fees may apply.