Sum insured policy. Provided by RACT. Available in Tasmania
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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 loss and damage due to theft, burglary and attempt to commit theft or burglary
- No cover for theft by you or residents
- No cover for theft by people who enter address with consent of you or a resident
- No cover for theft by people who enter or leave through an open or unfinished wall, roof, door or window, even if it was temporarily secured or covered
- Covers fire and bushfire
- Also covers damage caused by soot, smoke, heat, ash from fire within 100m of home
- Accidental damage option adds cover for scorching where there is no flame
- No cover for soot, smoke, heat, ash where your house has not caught fire
- No cover for items which by their intended purpose have a fire in them, and and the fire damage is contained to that item
- No cover for homes unoccupied for more than 60 days without insurer approval (bushfire is covered)
- 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
- Customer cost if insurer offers cash
- Insurer cost if you ask for cash (may be less than retail cost)
Contents
- Covers some items for theft and accidental loss/damage
- Up to $3000 overall
- Up to $1000 per item, pair and set
- Covered anywhere in Australia and New Zealand
- $100 excess
- Optional
- Cover for theft and accidental loss/damage
- Covered anywhere in Australia and New Zealand
- $100 excess
- Up to 10% sum insured
- Paid on top of sum insured
- Covers additional accommodation expenses, mail redirection, utility connection fees, rental bond, removal/storage costs and commercial pet boarding
- Limit combined with emergency storage
- Up to 10% sum insured overall
- Paid on top of sum insured
- Up to 10% sum insured
- Paid on top of sum insured
- Limit combined with accommodation
- Covers storing contents which will not fit in temporary accommodation
- Motors up to 10 years
- Optional
- Up to $1000 overall
- Cover for unit failure and failure of public electricity supply
- Up to $10000 overall
- Covers fixtures not covered by policy held by body corporate
- Does not cover fixtures not covered by policy held by body corporate
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