Landlord Insurance Features & Benefits

With your investment property in the hands of your tenants for most of the time, it can be hard not to worry. But with our Landlord Insurance, you no longer need to – our great range of features and benefits will ensure your investment keeps on paying dividends.

Rent default
If your tenant stops paying rent during the term of your rental agreement, we’ll pay you up to $5,000 (including GST). We’ll also pay up to a further $5,000 (including GST) towards the legal costs of any action you take to recover the rent owed to you if we have agreed to pay your claim.

Vandalism, malicious damage or theft
If your rented buildings or contents suffer loss or damage caused by your tenant, we’ll pay you up to $10,000 (inclusive of GST) to repair or replace your property. So your investment’s back in the black in no time.

Landlord Insurance buildings cover
We’ll insure the residential buildings you own or have an insurable interest in, for replacement or repairs up to the sum insured. This includes damage to the walls, the roof and the floor, plus any structural improvements.

Landlord Insurance contents cover
We insure all your contents in your investment property that your tenants use. In a strata title development, this includes fixtures and fittings which are not able to be insured by the owners’ corporation or body corporate.

Loss of rent
If your tenants can’t live in your rental property because it’s being repaired as a result of an insured incident, we’ll pay you the lost rent for up to 12 months. So your income is always protected.

Liability cover
If an incident occurs on your property’s site causing death or bodily injury to other people (or loss or damage to other people’s property) and you’re legally liable, we’ll pay up to $20 million (inclusive of GST). This includes cover for the legal costs if our lawyers are involved with the claim.

Flood cover
We cover you for water damage, storms and other causes of flooding, including damage caused by major flooding and when rainfall outside your local area causes nearby creeks and rivers to overflow. Find out about flood cover.
What’s in it for you? Insurance cover for flood has been a concern for some time because of the extensive damage floods can cause.

Flexible payment and policy excess options
You can choose to pay your Landlord Insurance premium annually, with cash, cheque, BPAY or credit card, or monthly by direct debit. Whatever suits you. You can also reduce your insurance premium by choosing a higher basic excess.

Paperless 24/7 landlord insurance claims
When you need to make a Landlord Insurance claim, we’re available – 24 hours a day, 7 days a week. And with no paperwork to fill in, all you have to do is pick up the phone.

24/7 Helpline
We’re always only a phone call away. Our 24/7 Helpline is a free service you can contact anytime you’re in a jam – just dial 132 900.

Our Landlord Insurance policy also covers you for:

Storm

Leaking or escaping water

Lightning

Fire

Fusion of electric motors

Unintentional breakages of glass, windows, ceramic and sanitary fixtures

Impact damage.

There is also additional cover provided when we pay a claim:

Building materials damage

Demolishing and removing debris

Reconnection of electrical components

Keys, locks and barrel replacement

Legal fees after rent default

Locating the cause of damage

Loss of rent after an incident

Mortgagee discharge costs

Fees arising from rebuilding

Renovating or altering your property.

For detailed information on this cover, please read the Product Disclosure Statement.