Getting the right cover for your contents while you live in somebody else's property is easy with Allianz Contents Insurance for renters through Heritage Bank.
If you are renting, have you considered how much it would cost to replace all the contents in your home if they were destroyed by fire7 or storm7? Or in the event of theft or burglary? Allianz can insure your belongings from loss or damage caused by insured events such as fire7, theft and storm7.
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 contents insurance policy. For full details, of the standard terms, conditions, limits and exclusions that apply please read the Product Disclosure Statement (PDS) before making a decision to purchase the insurance. The Home Contents Key Facts Sheet (KFS) also sets out some information about the cover. Select the cover to suit your needs.
Effective 22 February 2021.
If your refrigerator or freezer breaks down and you lose your perishable food or medicine as a result, Allianz will pay for you to replace it. If you claim for this benefit, excess will apply. If the spoilage is due to a natural disaster (declared by Allianz, the government or the Insurance Council of Australia ) the maximum Allianz will pay is $500. No excess will apply.
Allianz will cover you up to your contents sum insured for loss or damage caused by storm, cyclone, rainwater and run-off (provided run-off is not combined with flood waters). For cyclones, floods, grassfires and bush fires a 72-hour exclusion period applies
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.
Allianz will also provide cover for property belonging to your guests, visitors and domestic helpers up to $5,000 (included in your contents sum insured), if it is lost or damaged as a result of an insured event that you are claiming for.
Allianz will pay up to 10% of your contents sum insured for the removal of debris from the home building if your contents are damaged or destroyed by an insured event.
Allianz will cover your legal liability up to $20 million for payment of compensation relating to death, bodily injury or illness, and/or physical loss of or damage to property caused by an accident (or series of accidents). If you have contents cover, it does not cover any legal liability you may incur as owner of the buildings unless the buildings are defined as a lot.
Apply to add any of these optional covers for an additional premium and greater cover.
| Optional cover | Description |
| Accidental damage | The accidental damage cover option helps insure you in the event of accidental unexpected mishaps that are caused unintentionally – giving you greater coverage for your home contents. |
| Portable contents | Optional cover to insure your portable contents such as mobile phones, cameras and engagement rings in the event of theft or an accident at the insured address and when you take them out of your home, even when you are temporarily outside Australia for up to 120 continuous days in any period of insurance Some portable contents must be specified as Listed Portable Contents with the full replacement value to be covered away from the home. |
| 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 contents 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 renters 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 renters 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 does it mean if I take the Accidental Damage cover option?
This optional cover provides even more cover – it covers you in the event of damage caused by unexpected mishaps that are caused unintentionally not just the specified insured events.
If you have contents cover and take this option, the sort of mishaps you’ll be covered for include when you spill red wine on the carpet or lounge.
We’ll extend cover for your contents anywhere in Australia for up to 90 continuous days (not just at the insured address).
Which option do I need to cover my laptop, tablet, mobile phone or smart watch away from home?
What if I need to claim on portable contents cover?
How do I know if I have optional covers on my policy?
What is considered ‘unable to be lived in’?