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Safeguarding our clients against the financial costs of workplace claims, litigation and legal risks of running a small business.

Running a small business is incredibly rewarding. But it can also be incredibly challenging. Operating in one of the most complex workplace relations systems in the world, it's easy to find yourself on the wrong side of legislation, facing costly legal proceedings in respect of employment matters or reparation costs when in breach of the Health and Safety At Work Act.


That's why we've developed Peninsula Mutual Limited and Peninsula Protect exclusively for clients of Peninsula. Peninsula Protect offers protection to members who have been financially impacted by the cost of legal action brought against them.

With Peninsula Protect, we are stronger together

More flexible protection

Peninsula Protect allows greater flexibility in supporting and reimbursing members against claims. Peninsula Mutual Limited has no shareholders but is owned by its members existing solely to provide discretionary protection and benefits for those members. Any surplus funds are reinvested in the Mutual in the interests of members.

Because membership of the Mutual is exclusive to Peninsula clients, members benefit from the improved risk profile that Peninsula’s core services deliver, resulting in lower overall claims costs. By pooling contributions for discretionary protection, the Mutual is able to manage claims within its agreed pooled risk retention and to leverage the strength of the membership to buy insurance for the mutual to ensure it is always able to cover all claims above the pooled risk. The savings achieved can be passed through to members.

With Peninsula Protect we are stronger together.

Peninsula Mutual is controlled by a board that includes directors who are Peninsula clients – small business owners just like you who understand the risks and challenges of running a small business. Peninsula Protect offers increased limits of protection, broader cover and peace of mind in the event that your business is impacted by legal action. The board is able to exercise its discretion in areas of membership, scope and cost of protections and claims. This discretion provides a level of flexibility that commercial insurers can find difficult to balance with the competing needs of shareholders.

The protection provided by Peninsula Protect is a discretionary risk product and is provided by Peninsula Mutual Limited (AFSL 544 232). Peninsula Mutual Limited is regulated by the Australian Securities & Investments Commission (ASIC) in Australia. Peninsula Mutual has appointed Peninsula Pty Ltd as its Authorised Representative (No. 001274577) to manage distribution in Australia. Peninsula Group NZ Limited has been appointed by the Mutual to handle distribution as a discretionary risk product in New Zealand. These arrangements ensure that all client/member communications will continue with Peninsula.

Full details of the protection are contained in the Product Disclosure Statement and should be carefully considered along with the Target Market Determination to determine whether the product is suitable for you. The advice contained on this page is general and does not consider your personal objectives, financial situation or needs.

What’s covered?

Peninsula Protect provides two areas of protection:

Employment relationsHealth and safety statutory liability
Legal liability and defence costs in respect of employment claims and actions arising out of an employment claimLiability for reparation costs and defence costs arising from breaches of the health and safety legislation
Limit $400,000 any one claimLimit $400,000 any one claim
Annual limit $2,000,000 in the aggregateAnnual limit $2,000,000 in the aggregate
Additional $5,000 cover for investigation (new feature)Nil excess
Nil excess

The above is a summary of the protection provided for businesses in New Zealand full details of which are included in the PDS.

Historical Documents

Product Disclosure Statement
(dated 1 April 2024 including T&Cs relating to protection issued from 1 April 2024)

NZ Summary of Changes
(dated 1 April 2024)

Product Disclosure Statement
(dated 1 June 2023 including T&Cs relating to protection issued between 1 June 2023 and 31 March 2024)

ANZ Summary of Changes
(dated 1 June 2023)

Product Disclosure Statement
(dated 1 April 2023 including T&Cs relating to protection issued between 1 April 2023 and 31 March 2024)

Summary of Changes to Product Disclosure Statement
(dated 1 April 2023)

Peninsula Protect Target Market Determination
(dated 13 October 2022)

Peninsula Mutual Limited Whistleblower Protection Policy
(dated 13 October 2022)

Product Disclosure Statement
(dated 12 March 2019 including T&Cs relating to protection issued between 1 April 2019 and 31 March 2020)

Product Disclosure Statement
(dated 30 March 2020 including T&Cs relating to protection issued on or after 1 April 2020)

Product Disclosure Statement
(dated 30 March 2021 including T&Cs relating to protection issued on or after 1 April 2021)

Product Disclosure Statement
(dated 31 March 2022 including T&Cs relating to protection issued between 1 April 2022 and 31 March 2023)

Summary of Changes to Product Disclosure Statement
(dated 1 April 2020)

Summary of Changes to Product Disclosure Statement
(dated 1 April 2021)

Summary of Changes to Product Disclosure Statement
(dated 1 April 2022)

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0800 568 012

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0800 675 700

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+64 9 941 5205

Peninsula Office

8 Tangihua Street, Auckland CBD

Copyright © 2024 Peninsula Group NZ Limited NZBN 9429042175179

Peninsula Protect is a discretionary risk product issued by Peninsula Mutual Limited ACN 630 256 478 AFS Licence No. 544232. Peninsula Mutual Limited has appointed Peninsula Group NZ Limited NZBN 9429042175179 to distribute the discretionary risk product in New Zealand. To decide if this product is right for you, please read the Peninsula Protect Product Disclosure Statement.