With Allianz Building Insurance through Heritage Bank you can be covered if an unexpected event, such as a fire, theft or storm damages or destroys your most important asset, your home.
The better you understand your policy, the easier it will be if you ever have to claim. Here is a limited summary of the benefits of a building insurance policy. For full details of the standard terms conditions, limits and exclusions that apply please read the Product Disclosure Statement (PDS) and any applicable supplementary PDS before making a decision to purchase the insurance. The Home Buildings Key Fact Sheet (KFS) also sets out some information about the cover. Select the cover to suit your needs.
Effective 22 February 2021
When you need to make a claim Allianz are there for you with 24 hour claims lodgement available online, or you can call the claims line to commence the claims process over the phone.
Allianz offers protection for out of the ordinary but devastating events such as fire, storm and burglary.
Rest easy, within the first 72 hours following a storm, Allianz have got you covered for loss or damage caused by soil movement, landslide, mudslide or subsidence caused by a storm.
If your buildings are totally destroyed and need to be rebuilt, in addition to your buildings sum insured, Allianz will pay up to $5,000 (after deduction of any government or council rebates) to help you make the new buildings more environmentally friendly.
If your building is damaged by an insured event during the period of insurance to such an extent that you can’t live in your home buildings, Allianz will pay the additional costs for temporary accommodation for you up to 10% of the buildings sum insured and up to $500 for temporary accommodation for your pets in a commercial boarding establishment.
Apply to add any of these optional covers for an additional premium and greater cover.
|Accidental damage||The accidental damage cover option helps protect you in the event of accidental unexpected mishaps that are caused unintentionally – giving you greater coverage for your home building.|
|Motor burnout||The Motor burnout option covers you if an electrical current damages your household electrical motors. This cover is automatically included if you have taken optional Accidental Damage cover.|
|Flood cover||Flood cover may be available as an optional cover added to your buildings policy for an additional premium. A 72 hour exclusion period applies.|
|Domestic workers’ compensation cover||Cover for a domestic worker (e.g. gardener or cleaner), if they are injured while working for you at the insured address. Only available in ACT, WA and TAS.|
What do I do if I need to make a buildings insurance claim?
Do what you reasonably can to prevent further loss, damage or liability. Tell the police as soon as reasonably possible about any malicious damage, theft, attempted theft, burglary or loss of insured property. Contact the Claims Call Centre on 1300 555 030 and advise the Claims Consultant of what has happened: the Claims Consultant will help you through the buildings insurance claims process.
In order to be sure that you are covered under this policy you should always contact us for approval before you incur expenses you wish to claim. If you do not, we will pay for expenses incurred to the amount we would have authorised had you asked us first.
Am I covered for Flood?
What do I do if I rent my home out to tenants?
If you’re renting all of your home out to tenants, cover is not available under our Home and Contents Insurance Policy.
Cover is not available for these types of losses under our Home and Contents Insurance. If you rent out part of your home while you live at the same address, please contact us so we can determine if you are eligible for this product.
Learn more about Landlords Insurance.
What does it mean if I take the Accidental Damage cover option?
This optional cover provides even more protection – it covers you in the event of damage caused by accidental unexpected mishaps that are caused unintentionally not just the specified insured events.
If you have Buildings cover only and select this option, examples of the sort of mishaps you’ll be covered for include when:
I would like cover for my portable contents with my Buildings cover, what are my options?
How do I know if I have optional covers on my policy?
How should I determine the replacement value of my buildings?
What is considered ‘unable to be lived in’?