Sum insured policy. Provided by IAG. Available in all states & territories
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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
- 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 sum insured overall
- Covers built-in furniture/cupboards, stoves, hot water services, shower screens, paint/wallpaper, built-in air-conditioners, fixed awnings, solar panels, carpets and floating floorboards
- Does not cover items insured by owners corporation or common property
- 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
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