Hill and Lichtenstein Limited v Export Guarantee General Manager - [1972] NZLR 802

Insurance — General principles — The policy — Construction — Insurance with the Export Guarantee Office against loss incurred by exporter extending credit to overseas buyer — Credit limit in policy — Indemnity up to 85 percent of total loss if total loss less than credit limit or 85 percent of credit limit — No indemnity for loss in excess of credit limit — Export Guarantee Act 1964.