Investment Home Package

Just as important as insurance for your own home is cover for your investment property. This package was designed with landlords in mind, including flexible options to personalise the package by covering such events as malicious damage or theft by tenants, accidental damage and loss of rent extra.

Enjoy a choice of building-only, contents-only, or combine the two for up to 7.5% discount when you apply online.

Features and benefits

• Total Building Replacement Cover means you shouldn’t need worry about being underinsured.
• Offers protection for contents such as curtains, light fittings etc.
• Peace of mind via new-for-old contents replacement cover.
• Reduce the premium by removing insured events such as theft, accidental glass breakage, fusion and power surge.
• Make payments when it suits you – monthly or yearly.
• Building cover includes loss of rent, legal liability, emergency work and repairs, replacement of locks and keys and much more.

What events are covered?

• Events covered include animal damage, earthquake, escape of liquid, fire and explosion, flash flooding, lightning, riots and public disturbances, storm, sudden impact, vandalism and malicious damage
  Plus you can choose to include the following insured events, or remove them to reduce the premium:
• Theft
• Accidental glass breakage
• Fusion and power surge

What are the features of building cover?

Building cover is total building replacement cover. There’s little chance of being underinsured when you have this cover. You’ll have insurance protection for the actual cost to rebuild, even if it’s above your estimated insurance amount.

Plus:

• Loss of rent
• Replacement locks or keys.
• Emergency work and temporary repairs
• Mortgage discharge and new title deed costs
• Loss and damage cover for some construction materials on a renovation site

What are the features of contents cover?

• Loss of rent
• New-for-old replacement
• Demolition & debris removal
• Emergency work and temporary repairs
• Strata title extension
• Replacement locks or keys

Optional cover

For an additional premium your Investment Home Package can be enhanced with cover for malicious damage or theft by tenants, loss of rent extra, and accidental damage to your building. Find out more about optional cover.

Apply online for a discount

Combine building and contents insurance for a 5% discount to your premium. Apply online and get a further 2.5% discount. Apply online for building or contents insurance on its own and get a 5% discount. Otherwise call 13 24 23 between 8am and 8pm (EST).

In order to apply for a quote, or for building and/or contents insurance cover, you’ll need:

• The property address
• External wall material type
• Security details (if any)
• Weekly rental income
• Date of birth of oldest policy holder
• Estimate of building replacement cost (for building cover)
• Estimate of contents replacement cost (for contents cover)
  
  

The above is a summary of some of the features of the policy and is not to be relied upon as the policy wording. Full details of the cover available, including the limitations and exclusions that may apply are contained in the Comminsure Home Insurance Product Disclosure Statement.

 

Important Information

1. This advice has been prepared without taking into account your individual objectives, financial situation or needs. You should, before acting on this information, consider its appropriateness to your circumstances. CommInsure is a registered business name of Commonwealth Insurance Limited (CIL) ABN 96 067 524 216 AFSL 235030. A Product Disclosure Statement (PDS) for CommInsure Home Insurance issued by CIL is available by downloading it or by calling 13 24 23 and should be considered before making any decisions about these products.