NEWS
New features coming for Halo Guarantee One of the best things about being an NZCB member is exclusive use of the Halo 10-Year Residential Guarantee, a guarantee tailor-made for the best builders in New Zealand.
SHAUN RILEY Chief Executive Halo Guarantees Ltd
FROM NEXT YEAR, the Halo Guarantee will be even better, with deposit and non-completion cover being added as optional additions. Members have been keen to see these covers added for a while now, and with the Government’s proposed changes to the way building and construction liability is handled in New Zealand, strengthening the Halo Guarantee is even more important.
Deposit and non-completion cover
The Halo Guarantee has been developed in conjunction with and is tailormade for and exclusively available to members of New Zealand Certified Builders Association (NZCB)
16 NZCB DECEMBER 2025
From April 2026, the Halo Guarantee will come with optional deposit and non-completion cover. This will cover situations where a homeowner pays a deposit but the builder is unable to start the work, or where the work is under way and the builder is unable to complete,
typically because they have gone into liquidation. This cover will be an add-on to the standard Halo Guarantee, and will attract an additional charge. The Halo team will be developing these forms of cover – including all the legal work required to implement them – over the next few months, with the new features available from 1 April 2026. The new cover benefits will only be available to new Halo Guarantees, and won’t apply to Halo Guarantees that have already been taken out.
Government introducing proportionate liability The Government has announced major changes affecting the building and construction sector in New Zealand. Under the current joint and several