Guild Home Essential
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Description
Cover summary
- Nominate a sum insured for your building
- 20% underinsurance safety net
- Up to $20 million
- Cover for people named on the policy, plus their family members living with them
- Cover for incidents worldwide
Cost
Covered events
- Covers loss and damage due to theft, attempted theft, burglary and housebreaking
- Up to $2500 for contents in the open air
- Up to $2500 for cost of security firm attendance in response to monitored alarm signal
- Up to $2500 for cost of re-keying or replacing (whichever is cheaper) locks and cylinders on external doors and windows, after theft of keys from home
- Up to $500 for handbags and wallets plus their contents, after theft while being carried by you anywhere in Australia ($100 excess)
- Up to $200 for cash and negotiable documents in handbags and wallets (part of $500 total sublimit)
- No cover for theft by residents or tenants and their family
- Does not cover theft of fixtures, fittings or building materials awaiting installation from the open air or a building not capable of being locked
- Covered
- No cover for scorching, arcing or heat damage that happens without flames
- 48 hour waiting period for bushfire and grassfire
- Covered
- No cover for paths, driveways, paved or concrete outdoor surfaces or tennis court surfaces
- No cover for retaining walls
- No cover for trees, shrubs, plants or landscaping features
- Covers damage caused by storm, hail and rainwater
- Covers damage caused by erosion, landslide and subsidence, but must occur as a result of and within 72 hours of storm, hail or rainwater
- No cover for paths, driveways, paved or concrete outdoor surfaces or tennis court surfaces
- No cover for retaining walls
- No cover for trees, shrubs, plants or landscaping features
- External paintwork not covered if this is the only damage sustained to that part of the home
- 48 hour waiting period for named cyclone
- Covers impact damage caused by animals not kept at the address
- No cover for damage caused by birds, insects or vermin
Claims
- Repair damaged property
- Replace damaged property
- Pay you the property's replacement value, up to your sum insured or other sublimits
Building
- Up to $2500 overall
- Up to $250 per plant, shrub or tree
- No cover for escape of liquid, hail, storm, flood or rainwater
- Up to 15% sum insured overall
- Paid on top of sum insured
- Limit combined with debris removal and professional fees
- Up to 15% sum insured overall
- Paid on top of sum insured
- Limit combined with building regulations and debris removal
- Up to $5000 overall
- Paid on top of sum insured
- Building claims: up to 15% sum insured overall
- Contents claims: up to $5000 overall
- Paid on top of sum insured
- Limit combined with building regulations and professional fees
- Up to 12 months or 20% sum insured
- Paid on top of sum insured
- Covers additional costs for similar temporary accommodation and commercial pet boarding
- Up to 7 days or $2000 for emergency accommodation and pet boarding
Contents
- Covers some items for accidental loss/damage
- Optional cover for flood
- Up to $15000 overall
- Up to $2500 per item, pair and set
- Covered anywhere in Australia, and for up to 30 days in rest of the world
- Contents excess applies
- Optional
- Cover for accidental loss/damage
- Optional cover for flood
- Covered anywhere in Australia, and for up to 30 days in rest of the world
- Contents excess applies
- Up to 20% sum insured overall
- Up to $500 for cash and negotiable instruments
- Up to $2500 for building materials awaiting installation
- Up to $2500 for theft
- Up to 12 months or $5000
- Covers moving/storing undamaged contents in commercial storage facility
- Up to $10000 overall
- Up to $1500 per item, set or pair
- Optional
- Up to 20% sum insured overall
- Up to $10000 per item
- Up to $15000 overall
- Up to $2500 per item
- Up to $1500 overall
- Cover for unit failure, escape of refrigerant fumes and failure of public electricity supply
- Up to $1000 overall
- Cover for vehicle impact
- Up to contents sum insured overall
- Cover for fire, overturning of removal vehicle, accident involving removal vehicle and theft involving forcible entry to removal vehicle
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