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Cyclone Resilience Benefit – Important Information

Available for eligible Suncorp Home and Landlord Insurance customers for new and renewing policies from 16 February 2016.  Eligible customers with existing policies who contact us to answer the new cyclone resilience questions will receive a pro-rata refund which represents the premium reduction for the period between when they contact us to answer the questions and their next renewal date.

The premium reduction applies to both owner occupiers and landlords, and the reduced premium relates to your building premium for both building only policies, and building and contents policies.

Available in eligible locations only. Contact us to find out if you are eligible.

The building and mitigation features that may contribute to any reduction of your Suncorp home or landlord insurance premium are at our discretion.  Using the information about the property will allow us to calculate a premium reduction compared to the premium we would have charged you for the same Suncorp home or landlord insurance product if the features or mitigation measures were not in place.

Suncorp Insurance does not guarantee any particular level of premium reduction to individual customers.  The Cyclone Resilience Benefit is not a product feature of any Suncorp Insurance product and does not offer any additional insurance cover in relation to cyclones.

Loans are issued by Suncorp-Metway Ltd ABN 66 010 831 722 Australian Credit Licence number 229882 (“Suncorp Bank”). To approved applicants only. Fees, charges, terms and conditions apply and are available on request. Product is not available online. Rate is effective 18 April 2017 but subject to change. *Warning: comparison rate applies only to the example given and is based on a $30,000 loan over 5 years. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.  ^#^Eligible home improvements are subject to terms and conditions and approval. ^This product is only available to eligible customers:

  1. who are existing Suncorp Home Insurance Customers who have held the policy for six months;
  2. whose insured property is located in an eligible area (Eligible Property). Eligibility is based on the location of your property and include certain cyclone prone parts of Northern Australia. Please call us on 13 11 55 to check if your property is an Eligible Property; and
  3. only for the purpose of making eligible home improvements to their Eligible Property.