myRent promotion. Terms and Conditions

Updated 24 June 2025

Terms and Conditions

Initio is excited to offer a promotional event that considers both new and existing customers who have come via the myRent partnership. This promotion is structured into two main components and is subject to the following terms and conditions.

Promotion Period

This promotion is active for a three-month period, concluding on 1 November 2025. Participation is open throughout this timeframe.

Eligibility

  • Quote Generation:
    • Open to all New Zealand residents who generate a full insurance quote for a property registered with MyRent using any New Zealand address on the initio platform during the promotion period.
    • MyRent members with active policies from initio automatically receive five entries for each policy held with initio at the end of the promotional period.
    • Only addresses that have been through to the ‘See full quote’ page qualify for the draw.
    • Quotes must be generated via the partnership landing page www.initio.co.nz/myrent 
  • New Policies:
    • This component rewards every individual who signs up for a new policy with initio during the promotional period where the property is also registered with MyRent.
    • This is a promotion for new customers only – one per customer.
    • To qualify for the prize, please sign up through initio.co.nz/myrent.
    • One prize per customer: Participants who sign up for more than one policy will receive only one prize, regardless of the number of policies purchased.

Prizes

  • Main Prizes: There is one main prize available, a Eufy Security Indoor/Outdoor home security kit, valued over $1000. This will be allocated to entrants of the quote generation draw. 
  • New Sign-up Rewards: Individuals who sign up for a policy with initio during the promotional period will receive a Eufy Security C210 2K SoloCam, valued over $100 RRP
  • Prizes depend on availability. The value of the prizes will be equal to or greater than before, the brands of the prizes may change or the cash equivalent will be offered.

Selection and Notification of Winners

  • Winners of the main prizes will be chosen randomly from all eligible entries after the promotion ends.
  • Prizes for new policies will be sent after the promotion ends.
  • Prize winners will be notified via email or phone within one week of the draw.

General Conditions

  • Initio reserves the right to modify or terminate the promotion (including the prize if needed for supply reasons) and these terms and conditions without notice.
  • Participation authorises initio & MyRent to use the participant’s name and photograph for promotional purposes without further compensation.
  • Employees of initio and MyRent – and their immediate family members – are ineligible to participate.
  • Both offers are available to all New Zealand residents aged 18 and over.
  • Prizes will be sent to New Zealand addresses only.
  • The decisions of initio regarding all aspects of the promotion are final and binding.

Privacy

  • Participant information will be processed in accordance with our Privacy policy, exclusively for the purpose of this promotion.

By taking part in this promotion, participants agree to these Terms and Conditions.