On becoming a member of our bank, you're not just a customer, you're an owner!
Whether your property is damaged by tenants, destroyed by fire, or if you’re owed rent or are liable for medical bills, we can look after you.
| Features | Landlords Residential Property Insurance |
| Accidental breakage of fixed glass, basins, sinks, baths and toilets included in loss or damage by a tenant or their visitors |
Yes |
| Accidental damage excludes loss or damage caused by a tenant or their visitors |
Yes |
| Architects, surveyors and legal fees paid in addition to the sum insured |
Yes - Up to 10% of sum insured |
| Burning out of an electric motor for motors up to 15 years old and no bigger than 3.7kW |
Yes |
| Deliberate or intentional acts, vandalism or a malicious acts | Yes |
| Choice of liability $5 million, $10 million, $15 million or $20 million |
Yes |
| Flood Cover (Automatic) | Yes |
| Optional Loss of Rent cover If your building is uninhabitable, up to 12 months, up to the sum insured chosen |
Yes |
| Optional Rent Default and Theft by a Tenant cover Up to $5,000 less any excess or bond money |
Yes |
| Removal of Debris and Demolishing Costs paid in addition to the sum insured |
Yes - Up to 10% of sum insured |
| Water or liquid damage | Yes |
This list is a summary of highlighted features and benefits only. Please refer to the CGU Landlords Residential Property Insurance Product Disclosure Statement (PDS), Target Market Determinations and Supplementary Product Disclosure Statement for full terms and conditions.
General insurance issued by Insurance Australia Limited ABN 11 000 016 722 AFSL 227681 trading as CGU Insurance. Australian Mutual Bank Ltd ABN 93 087 650 726 acts under an agreement with the insurer. Any advice is general advice only and does not take into account your individual objectives, financial situation or needs (“your personal circumstances”). Before using this advice to decide whether to purchase the insurance policy, you should consider your personal circumstances and the relevant Product Disclosure Statement available above.
