Sum insured policy. Provided by RACQ. 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 theft and attempted theft by people who enter home without your consent
- Up to $500 for contents in the open air
- No cover for theft by tenants, if you have not told insurer home is being rented out
- No cover for theft by people who enter home with express or implied consent of the you, residents, tenants, or people you told could invite people to the home
- Does not cover theft of contents in a boarding house, dormitory, nurse's quarters, barracks or similar building if thief enters home through an open or unlocked door, window or skylight
- Does not cover contents in common areas
- Does not cover theft of cash, gift cards or travellers cheques if thief enters home through an open or unlocked door, window or skylight
- Covers fire, bushfire and grassfire
- Also covers damage caused by smoke or heat from fire within 100m of home
- No cover for smoke or heat when your home or contents did not catch fire (e.g. melting or scorching)
- 72 hour waiting period for bushfire
Claims
- Repair damaged items
- Replace damaged items
- Pay you the item's replacement value, up to your sum insured or other sublimits
Contents
- Covers some items for insured events and accidental loss/damage
- Choose overall limit from $2000–$8000
- Choose limit from $500–$2000 per item
- Covered anywhere in Australia and New Zealand
- $300 excess
- Optional
- Cover for insured events and accidental loss/damage
- Covered anywhere in Australia and New Zealand
- $300 excess
- Up to 5% sum insured overall
- Cover for theft
- Optional cover for accidental damage
- No cover for impact
- Up to 20% sum insured overall
- Paid on top of sum insured
- Up to 10% sum insured
- Paid on top of sum insured
- Covers moving/storing contents
- Motors up to 10 years
- Optional
- Up to $6000 overall
- Up to $2000 per item
- Up to $12000 overall
- Up to $2000 per item
- Up to $1000 overall
- Cover for insured events, unit failure, sudden escape of refrigerant fumes and failure of public electricity supply
- Up to contents sum insured overall
- Cover for fire, flood, water runoff and road accident
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