FD v WJ Ltd & LD Ltd [2015] NZDT 1465 (10 December 2015) [pdf, 147 KB]
...policy at any time and refund the premium. Since WJ was free to take this step without needing any reason, I find that FD’s loss of cover for the ABS failure was caused not by the actions of LD as WJ’s agent, but by WJ’s free choice to cancel as permitted under the contract. Therefore it cannot be recovered as a consequential loss. 14. FD argued that he had lost the opportunity to obtain an alternative MBI policy, but WJ gave evidence that MBI insurers do sell direct to the publi...