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 terms conditions, limits and exclusions that apply please read the Product Disclosure Statement (PDS), any applicable supplementary PDS and Key Fact Sheet (KFS) before making a decision to purchase the insurance. Select the cover to suit your needs.
Effective 16 December 2019
When you need to make a claim Allianz are there for you with a 24 hour claims line, helping you get back on track again as soon as possible.
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 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.
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.|
|Flood cover||Flood cover may be available as an optional cover to your buildings. 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.|
Policies purchased before 16 December 2019
If you purchased home or landlord insurance before 16 December 2019, please refer to the relevant Product Disclosure Statements, any applicable supplementary PDS and the Buildings or Contents Key Fact Sheets.
What do I do if I need to make a buildings insurance claim?
Am I covered for Flood?
What do I do if I rent my home out to tenants?
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’?