Landlords Insurance
We can arrange insurance to safeguard your property and the revenue it generates.
| Default in rent + |
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Lesser of: 15 weeks rent or $10,000 or until payment of rent recommences |
| Departure without Notice + |
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Lesser of: 6 weeks cover or $10,000 or until rent payments recommence |
| Death of Sole Tenant + |
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Lesser of: 6 weeks rent or $10,000 or until another tenant takes up residence |
| Tenant hardship + |
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Lesser of: 6 weeks rent or $10,000 or until another tenant takes up residence |
| Theft by tenant + |
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Covered up to the buildings and/or contents sum insured |
| Malicious damage by tenant or other persons |
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Covered up to the buildings and/or contents sum insured |
| Legal expenses |
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Up to $3,000 for expenses with the purpose of minimising loss of rent |
| Strata title mortgage protection |
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Applies if the building is part of a strata title development |
| Protection for you and your building |
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- Current building replacement value to protect against accidental breakage of glass, earthquake, explosion, fire or smoke, impact damage, lightening or thunderbolt, riot or civil commotion, storm, rainwater or run-off, theft, burglary or housebreaking, Tsunami ^, water or other liquid damage
- Legal liability up to $10 million
- Replacement of locks and cylinders up to $500
- Fusion of fixed electrical motors up to 15 years old
- Professional rebuilding fees and removal of debris following damage
- Automatic annual adjustment of sum insured
- Reinstatement of sum insured after loss
- Mortgage Discharge Costs up to $2000
- Continuation of cover when you are selling your buildings
- Environmental Benefit: For buildings totally destroyed by an insured event - payment up to a maximum of $5000 to install any combination of a rainwater tank, solar power system, hot water heat exchange system, grey water recycling system#
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| Protection for Contents |
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- Up to $10,000 cover when building cover is purchased
- ‘New for old’ replacement on most items up to 10 years
- Fusion of electrical motors in household items eg refrigerators, washing machines up to 15 years old
- Contents in open air at risk address up to $200
- Environmental Benefit: for lost/damaged refrigerators, freezers, washing machines, clothes dryers and dishwashers with less than 3 star energy rating, replacement items will be minimum of 3 star energy rating
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Flexible payment options |
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Pay monthly from an account (for no additional policy fee****) OR pay the total premium by cash, cheque, credit card (or BPAY® on renewal) |
| Flexible excess options |
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Nominate a higher claim excess and your annual premium will be reduced |
| Claims |
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Speedy claims service |
+ Optional additional covers
^ Additional excess applies
# benefit only available where Allianz agrees to rebuilding costs & payable after deduction of any applicable government or council rebate scheme.
** This is a summary of features only – full details of cover, limits and exclusions are available in the relevant Product Disclosure Statement.
**** The total premium may vary due to rounding - if debiting from a non-Wide Bay Australia account - the other bank may charge fees.
This insurance is available from Wide Bay Australia Ltd ABN 40 087 652 060 (AFSL: 239686) ("Wide Bay Australia Widecover"). In offering this insurance we act as an agent of Allianz Australia Insurance Ltd ABN 15 000 122 850 (AFSL: 234708) ("Allianz") - not as your agent. Allianz is the underwriter of this insurance. To help you make an informed decision about whether to acquire an Allianz insurance product through Wide Bay Australia Widecover you should read our Wide Bay Australia Financial Services Guide (PDF, 84KB) and the Product Disclosure Statement. We do not provide advice about the policy based on any consideration of your personal objectives, financial situation or needs.
To decide if it is right for you please carefully read the “Product Disclosure Statement” (PDF, 156KB).
BPAY® is a trade mark of BPAY Pty Ltd (ABN 69 079 137 518)
