Sum insured policy. Provided by IAG. Available in all states & territories
CHOICE Expert Rating
Good Points
The product's best features and benefits
Bad Points
Drawbacks or issues you need to know about
Unlock our expert review and more
Reviews you can trust
Easy side-by-side comparison
Recommended products at a glance
Recommended products
Results for paid members only
Scores
Results for paid members only
Description
Cover summary
- Up to $20 million
- Cover for people named on the policy, plus their family members living with them
- Cover for incidents in Australia
Cost
Covered events
- Covers loss and damage due to theft and attempted theft
- No cover for theft by you, your family or residents
- No cover for theft by people who enter site with consent of you, your family or a resident
- Covers fire and bushfire
- No cover for scorching or melting where there is no flame
- No cover for fire started with the intention to cause damage by due to the insured, residents or people at the property with the consent of residents or the insured
- 72 hour waiting period for bushfire and grassfire
Claims
- Repair damaged items
- Replace damaged items
- Pay you the item's replacement value, up to your sum insured or other sublimits
- Customer cost
- Insurer may offer non-cash alternatives
Contents
- Covers some items for theft and accidental loss/damage
- Nominate a limit per item group for clothing and luggage, jewellery and watches, medical items, mobility scooters, portable electronic devices, and sporting and recreational items
- Up to $10000 per item
- Covered anywhere in Australia, New Zealand, and for up to $10000 overall in rest of the world
- $250 excess
- Optional
- Cover for theft and accidental loss/damage
- Covered anywhere in Australia, New Zealand, and for up to $10000 overall in rest of the world (limit includes all portable contents)
- $250 excess
- Up to 24 months or 20% sum insured
- Paid on top of sum insured
- Covers temporary accommodation for your family and pets, additional living expenses, and removal/storage costs
- Covers additional rent above what you already pay
- Up to 10% sum insured overall
- Paid on top of sum insured
- Up to 24 months
- Covers storage of contents
- Up to $2000 overall
- Cover for motor burnout and interruption to electricity supply caused by insured event
- Up to contents sum insured overall
- Cover for fire, storm, flood, cyclone, tsunami, lightning, explosion, earthquake, storm surge, collision of removal vehicle and theft following violent or forced entry
- Up to $10000 for accidental damage
Looking for user reviews?
We don't offer user reviews anymore. Help us improve this expert review by sharing your feedback in a quick survey.