Sum insured policy. Provided by Hollard. Available in all states & territories
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Description
Cover summary
- Up to $20 million
- Cover for people named on the policy
- Cover for incidents in Australia
Cost
Covered events
- Covers loss and damage due to theft and attempted theft
- Up to $500 for cost of replacing related locks, after theft where key to external door is stolen
- No cover for theft by residents
- No cover for theft by people at the address with consent of you or a resident
- No cover for theft from homes not sufficiently furnished for normal residential purposes
- No cover where building security has been compromised due works being carried out
- No cover for theft or attempted theft out of or in connection with any business, profession or occupation
- Covers fire and bushfire
- Accidental damage option adds cover for any process involving the application of heat where there is no flame
- No cover for ignition of mineral spirit or dangerously flammable substance brought onto or kept at the address in quantities which are in breach of statutory regulations or deliberately by residents or someone at the address with consent
- 72 hour waiting period for bushfire
- Covered
- Covers damage caused by earth movement and vibration but must occur as a direct result and within 168 hours of flood or rainwater
- Covers external shade cloths and sails (must be professionally installed) up to five years old
- No cover for cracking of paths, driveways or any outdoor surfaces
- No cover for damage caused by hydrostatic pressure or hydrodynamic pressure
- No cover for damage caused by water entering building due to due to building alterations, renovations or additions
- No cover for damage caused by gradual deterioration or wear and tear
- No cover for damage caused by water that has seeped or percolated into building
- No cover for lawns, artificial grass, sporting surfaces or courts
- No cover for loose or compacted surfaces of paths and driveways
- No cover for retaining or freestanding outdoor walls
- No cover for fences or gates that are not structurally sound or well maintained
- No cover for plants or trees
- No cover for plastic or vinyl swimming pool liners or swimming pool or spa covers
- No cover for cost of replacing water in swimming pools or spas
- No cover for cost of cleaning or removing mud or debris in swimming pools or spas
- Damage to external paintwork not covered if that is the only damage to that part of the building
- Flood excess: greater of $500 or your basic excess
- 72 hour waiting period
- Covers damage caused by storm and rainwater
- Covers damage caused by earth movement and vibration but must occur as a direct result and within 168 hours of storm or rainwater
- Covers external shade cloths and sails (must be professionally installed) up to five years old
- No cover for damage caused by gradual deterioration due to rainwater
- No cover for cracking of paths, driveways or any outdoor surfaces
- No cover for damage caused by hydrostatic pressure or hydrodynamic pressure
- No cover for damage caused by water entering building due to due to building alterations, renovations or additions
- No cover for damage caused by water that has seeped or percolated into building
- No cover for lawns, artificial grass, sporting surfaces or courts
- No cover for loose surfaces of paths and driveways
- No cover for retaining or freestanding outdoor walls
- No cover for fences or gates that are not structurally sound or well maintained
- No cover for plants or trees
- No cover for plastic or vinyl swimming pool liners or swimming pool or spa covers
- No cover for cost of replacing water in swimming pools or spas
- No cover for cost of cleaning or removing mud or debris in swimming pools or spas
- Damage to external paintwork not covered if that is the only damage to that part of the building
- 72 hour waiting period for rainwater and storm
- Covers impact damage caused by animals not kept at the address
- No cover for damage caused by birds, domestic animals, vermin, animals kept at the address or insects (including termites)
- Optional
- Covers accidental loss and damage to home and contents
- No cover for accidental breakage of glass forming part of a stove top, cooking surface, heater or oven door or in a glasshouse or greenhouse or in the roof of a conservatory, sunroom, or similar
- No cover for bicycles, sporting or fishing equipment, musical instruments or remote controlled aircraft or drones while in use
- No cover for driveways, paths or tennis courts and other ground surfaces
- No cover for trees, plants, shrubs, jewellery, watches, food, medications, cash, gift vouchers, negotiable instruments or mobile phones
- No cover for damage caused by normal use resulting in scratching, chipping or denting; domestic pets, animals or livestock at the address with permission of a resident; tree felling or lopping; subsidence; landslide; mudslide; or collapse
- No cover for swimming pools caused by or contributed to by you lowering the level of water
- No cover for damage that occurs gradually
Claims
- Repair damaged property
- Replace damaged property
- Pay you the property's replacement value, up to your sum insured or other sublimits
- Customer cost
- Insurer may offer non-cash alternatives
Building
- Motors up to 10 years or $1500 overall
- Optional
- Up to $750 overall
- Cover for fire, theft, vehicle damage and malicious damage
- Up to $1000 overall
- Paid on top of sum insured
- Up to 10% sum insured overall
- Paid on top of sum insured
- Up to 12 months or 10% building sum insured
- Paid on top of sum insured
- Covers accommodation for you and any family member living at your home
- Up to $500 for temporary accommodation for dogs and/or cats
- Available after a claim for building damage
Contents
- Covers some items for accidental loss or damage
- Choose overall limit from $2500–$7500
- Up to $1000 per item
- Covered anywhere in Australia and New Zealand
- $100 excess
- Optional
- Cover for insured events and accidental loss/damage
- Covered anywhere in Australia and New Zealand
- $100 excess
- Up to $4000 overall
- Up to $1000 per item
- No item sublimit for barbecues or garden furniture
- Reasonable cost
- Paid on top of sum insured
- Covers cost to move and store contents
- Up to $5000 overall
- Up to $2000 per collection or item
- Up to $5000 overall
- Up to $2000 per collection or item
- Up to $5000 overall
- Up to $2000 per item or collection
- Up to $500 overall
- Cover for motor burnout
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