Sum insured policy with optional 25% building safety net. Provided by Suncorp. Available in ACT, NSW, NT, Vic & WA
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Description
Cover summary
- Nominate a sum insured for your building
- Optional 25% underinsurance safety net
- Up to $20 million
- Cover for people named on the policy, plus their family members living with them
- Cover for incidents in Australia and New Zealand
Cost
Covered events
- Covers loss and damage caused by thieves and burglars
- No cover for theft by you or residents
- No cover for theft by people who enter the address with consent of you or someone with authority to allow them access
- No cover for theft by people who enter or leave through an unlockable part of home that's under construction
- No cover for theft or loss of contents or proceeds of sale by people authorised to offer your items for sale
- No cover for theft or loss of contents or proceeds of sale due to bankruptcy or insolvency or person authorised to offer your items for sale
- No cover for theft or loss of contents or proceeds of sale when you, or a person you authorised, sell them online
- Covers fire and bushfire
- Also covers damage caused by heat, ash, soot, smoke from fire within 100m of address
- Up to $1000 for cost of replacing water in any storage vessel which has been used to limit the spread of bushfire in your area, or has become contaminated due to the use of fire retardant at the address, and cost to clean fire retardant off the building
- No cover for arcing, scorching, melting, cigarette burns unless fire spreads
- No cover for gradual exposure to fire, heat, ash, soot, smoke due to recurring fires over time
- No cover for pollution or vapour from heater or cooking appliance unless fire spreads
- 72 hour waiting period for bushfire
- Covered
- Also covers damage caused by power surge
- Covers damage caused by landslide and subsidence but must be directly caused by and occur within 72 hours of flood
- No cover for damage caused by water entering home due to through any openings in walls, roof or other unfinished parts of home under construction, even if temporarily covered
- No cover for damage caused by erosion, vibration, landslip, mudslide, collapse, shrinkage or earth movement
- No cover for cracking of sealed paths, roads or driveways
- No cover for sporting surfaces or courts
- No cover for retaining or free-standing outdoor walls
- No cover for gates or fences that a reasonable person would consider in an obvious state of disrepair
- No cover for garden borders
- No cover for revetments or sea walls
- No cover for pontoons, mooring poles or boat jetties or their attachments or accessories
- No cover for cost of cleaning undamaged contents
- Damage to external paintwork not covered if this is the only flood damage
- 72 hour waiting period
- Covered
- Also covers damage caused by power surge
- Covers damage caused by landslide and subsidence but must be directly caused by and occur within 72 hours of storm
- No cover for damage caused by water entering home through any openings in walls, roof or other unfinished parts of home under construction, even if temporarily covered
- No cover for damage caused by erosion, vibration, landslip, mudslide, collapse, shrinkage or earth movement
- No cover for cracking of sealed paths, roads or driveways
- No cover for sporting surfaces or courts
- No cover for retaining or free-standing outdoor walls
- No cover for gates or fences that a reasonable person would consider in an obvious state of disrepair
- No cover for garden borders
- No cover for revetments or sea walls
- No cover for pontoons, mooring poles or boat jetties or their attachments or accessories
- No cover for cost of cleaning undamaged items
- Damage to external paintwork not covered if this is the only storm damage
- 72 hour waiting period
- Covered
- Also covers damage caused by power surge
- Covers damage caused by landslide and subsidence but must be directly caused by and occur within 72 hours of storm surge
- No cover for damage caused by water entering home through any openings in walls, roof or other unfinished parts of home under construction, even if temporarily covered
- No cover for damage caused by erosion, vibration, landslip, mudslide, collapse, shrinkage or earth movement
- No cover for cracking of sealed paths, roads or driveways
- No cover for sporting surfaces or courts
- No cover for retaining or free-standing outdoor walls
- No cover for gates or fences that a reasonable person would consider in an obvious state of disrepair
- No cover for garden borders
- No cover for revetments or sea walls
- No cover for pontoons, mooring poles or boat jetties or their attachments or accessories
- No cover for cost of cleaning undamaged items
- Damage to external paintwork not covered if this is the only storm surge damage
- 72 hour waiting period
- Covers damage caused by animals inside the home that you didn't know were there (or a reasonable person in the circumstances couldn't have known) or animals that become accidentally trapped inside the home
- Covers fire and escape of liquid caused by insects, rodents or vermin
- No cover for damage caused by animals owned by or cared for or allowed at the address by a resident
- No cover for damage caused by animals/birds biting, chewing, clawing, pecking, scratching, tearing or urinating/excreting
- Optional
- Covers accidental loss and damage to home and contents
- Covers bicycles while in use, provided they aren't being used for racing or pace-making
- No cover for boat jetties, pontoons or mooring poles and their attachments and accessories
- No cover for cracking of sealed paths, driveways or roads
- No cover for damage caused by road vehicles, cranes or earthmoving equipment to driveways, paths, paving or underground services
- No cover for damage caused to the home by earthworks or construction undertaken by a neighbour
- No cover for gates or fences that would be considered by a reasonable person to be in an obvious state of disrepair before the loss or damage occurred
- No cover for retaining, sea or free-standing outdoor walls; revetments; garden borders or sporting surfaces or courts
- No cover for shower bases tiled or otherwise
- No cover for sporting, recreational or leisure goods while in use
- No cover for tanks or containers that burst or leak
- No cover for damage caused by failure or shutdown of electricity supply; liquid escaping from agricultural or overflow pipes; animals or birds pecking, biting, clawing, scratching, tearing or chewing the building; animal or bird urine and excrement; building, renovating or altering the home (except for spilling paint); physical assaults; death; tenants; paying guests; or boarders
- No cover for burning or scorching caused by cigars, cigarettes or pipes
- No cover for food spoilage caused by failure or shutdown of electricity supply
- No cover for pollution or vapour caused by home heaters or cooking appliances
- No cover for damage that occurs gradually or if you're unable to establish the accidental loss or damage took place at a certain time and date
Claims
- Repair damaged property
- Replace damaged property
- Pay you the property's replacement value, up to your sum insured or other sublimits
- Customer cost if insurer offers cash
- Insurer cost if you ask for cash (may be less than retail cost)
- Customer cost if insurer offers cash
- Insurer cost if you ask for cash (may be less than retail cost)
- Insurer may offer non-cash alternatives
Building
- Motors up to 10 years
- Optional
- Up to 15% sum insured overall
- Paid on top of sum insured
- Limit combined with debris removal and professional fees
- Up to 15% sum insured overall
- Paid on top of sum insured
- Limit combined with building regulations and debris removal
- Up to $1000 overall
- Paid on top of sum insured
- Building claims: up to 15% sum insured overall
- Contents claims: up to 10% sum insured overall
- Paid on top of sum insured
- Limit combined with building regulations and professional fees
- Up to 10% building sum insured
- Paid on top of sum insured
- Covers residential accommodation of a similar standard to your home, commercial pet boarding, mail redirection, utility connection fees, relocation costs, rental bond and lease break fee
- Up to 5% building sum insured for additional accommodation costs during repair delays out of your control
- Up to 4 weeks for short term accommodation
- Available after a claim for building damage
Contents
- Covers some items for accidental loss/damage
- Choose overall limit from $1000–$10000
- Up to $1000 per item, collection, pair and set
- Up to 30 days for watches and jewellery outside Australia & New Zealand (must be worn or in a safe)
- Covered anywhere in Australia and New Zealand
- $100 excess
- Optional
- Cover for accidental loss/damage
- Covered anywhere in Australia and New Zealand
- $100 excess
- Up to 10% contents sum insured
- Paid on top of sum insured
- Covers moving/storing contents
- Up to $4000 overall
- Up to $2000 per item or set
- Up to $50000 overall
- Up to $10000 per item or set
- Up to $500 overall
- Cover for insured events, unit failure, sudden escape of refrigerant fumes and failure of public electricity supply
- Up to $2000 overall
- Cover for accidental injury
- Optional
- Up to contents sum insured overall
- Cover for fire; flood; accident involving removal vehicle and collision, overturning or theft of removal vehicle
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