Statutory liability insurance in New Zealand provides vital financial protection for businesses, directors, and employers against unintentional breaches of various government acts and statutes—such as the Health and Safety at Work Act, the Fair Trading Act, or environmental resource management regulations. While public liability covers property damage and personal injury, statutory liability covers the legal defense costs, court-imposed fines, and reparation orders resulting from accidental regulatory infractions, though intentional criminal acts are strictly excluded.
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