The Guarantee at a glance

If your NZCB builder is using an NZCB Building Contract online, your Halo Guarantee Application is automatically sent to Halo Guarantees Limited. If your NZCB Builder is using an NZCB hardcopy Building Contract or another type of Building Contract, then you will manually have to complete a Halo Guarantee Application form.

Halo 10-Year Residential Guarantee	Cover time frame	How much are you covered for?
Application Process
Ensure your Halo Guarantee Application has been sent.	You must apply before building work starts
Guarantee Acceptance: We will let you know when your guarantee has been accepted (after processing your application and payment of the guarantee fee is received) in the form of an electronic letter	The Halo Guarantee commences on the Possession Date or the Completion Date (whichever is the earlier) and ends on the 10th anniversary of that date
After building work is completed
Materials and Workmanship defects [Structural and Non Structural]	You are covered for 2 years after building work is completed	Maximum total for all claims over the life of the Guarantee = $1,000,000 incl. GST or value of Building Contract, whichever is the lesser*
Structural defects	You are covered for the next 8 years from Guarantee Acceptance	Maximum total for all claims over the life of the Guarantee = $1,000,000 incl. GST or value of Building Contract, whichever is the lesser*
Temporary accommodation during remedial work	During remedial work	Covered up to 26 weeks
Selling your property
The Guarantee is fully transferrable to a new Owner(s) an unlimited number of times during the life of the Guarantee.	Tranferring the Guarantee does not extend any of the timeframes above.

* Maximum single claim $250,000 incl. GST or value of the Building Contract, whichever is the lesser.