Sum insured policy. Provided by RAC. Available in WA
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Description
Cover summary
- Up to $20 million
- Cover for people named on the policy
- Cover for incidents in Australia
Cost
Covered events
- Covers loss and damage due to theft and attempted theft
- Up to 20% contents sum insured for contents in the open air
- Up to $500 for contents stolen when your building is for sale and while it is open for inspection by a licensed real estate agent
- Up to $200 for cash and negotiable instruments
- No cover for theft by you, your family or tenants
- No cover for theft by people authorised by you or a resident to enter site
- No cover for theft from common areas within a strata titled property
- No cover for theft or attempted theft which occurs during renovations, or in connection with renovations being carried out on your building
- Does not cover contents whilst being lent to a third party
- Covered
- No cover for heat not directly involving fire
- No cover for your building or contents undergoing a process necessarily involving the application of heat
- 48 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
- Customer cost if insurer offers cash
- Insurer cost if you ask for cash (may be less than retail cost)
- Insurer may offer non-cash alternatives
Contents
- Covers some items for accidental loss/damage
- Choose overall limit from $2000–$5000
- Choose limit from $500–$1000 per item
- Covered anywhere in Australia
- $200 excess
- Optional
- Cover for accidental loss/damage
- Covered anywhere in Australia
- $100 excess
- Up to sum insured overall
- Up to 20% contents sum insured for storm and theft
- Up to $5000 overall
- Up to $2000 per item or set
- Up to $5000 overall
- Up to $2000 per item or set
- Up to $500 overall
- Cover for failure of power supply and damage to refridgerator or freezer
- Up to $5000 overall
- Covers fixtures/structural improvements not covered by strata title building policy
- Up to contents sum insured overall
- Cover for fire and collision, overturning or theft of removal vehicle
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