Accidental damage at the unit
We’ll cover loss or damage to the unit that occurs without intent e.g. losing, breaking or damaging something. Conditions apply.
We’ll cover your legal liability to pay compensation for death, illness or bodily injury to other people; or loss or damage to their property which happens at the insured address in connection with your building, common contents or common areas.
Loss of rent
We’ll cover your loss of rent if your tenant cannot live in your unit due to damage.
Temporary accommodation for unit owners
We’ll cover the costs of temporary accommodation when you normally live in your unit but cannot live there due to damage.
Office bearer’s liability
We’ll cover the legal liability of any office bearer or committee member if a claim is made against them for a wrongful act.
We’ll cover the net costs of the purchase and installation of industry recognised building enhancements, such as cyclone rated shutters, wind resistant roller doors or fire sprinkler systems if your unit is badly damaged. Conditions apply.
We’ll cover loss or damage to common contents such as washing machines, tools and gardening equipment.
Net cost is the amount you spend after deducting any government subsidy to which you are entitled to at the date of the loss, whether you claim this subsidy or not. You must supply us with proof of the amount you spent before we will pay you.