Submitted by admin on April 23, 2009 - 00:29
Insurance
The New Zealand law relating to most types of insurance is identical with that of England. Insurance is compulsory under the Workers' Compensation Act in respect both of claims arising out of that Act and of employers' common law liability for negligence. The Transport Act of 1962 provides for compulsory third party liability insurance by owners of motor vehicles. New Zealand pioneered this legislation in 1928, but today the scope of compulsory motor accident insurance is narrower than that in many other countries.