Personal Insurance

Home & Contents
Listed Events
Accidental Damage
Special Valuables

Landlords Covers
Rental Properties
Landlords Contents
Landlords Liability

Private Motor Car
Comprehensive
Third Party
Low-Kilometer & Nominated Driver

Travel Insurance
Overseas Medical, Dental and Additional Expenses
Cancellation
Luggage and Travel Documents
Accidental Death, Disability and Loss of Income
Liability

Home and Contents Insurance

BUILDING - Most policies cover the main dwelling, garage and other outbuildings, walls, gates, fences, drives, verandas, patios, in-ground swimming pools and landlord's fittings and fixtures. Check you have reinstatement and replacement cover, which is for all of the above structural items. Also check whether you have 'accidental damage' policy cover, or a less expensive 'defined events' policy. The former is broader. Also, check the policy allows for the full cost of rebuilding. There are also variances in things like depreciation costs, temporary accommodation, site clearing and the list goes on.

CONTENTS - The cost of replacing furniture, carpets, personal possessions etc can be substantial - whether your home is big or small, owned or rented. The cost of contents insurance by comparison is trivial - but policies vary greatly. For example, some policies provide complete replacement cost as new for all contents. Others include some contribution to the claim by you, depending on the age of the items. Items like art works, antiques, collections and similar items have special claim limits on standard policies unless otherwise arranged. permanent or temporary travel insurance to cover baggage, clothing etc while you're outside Australia.

VALUABLES - Personal valuables insurance covers personal possessions away from home - although there is usually a limit for unspecified items. It is very important to separately value and list expensive personal items such as jewellery and furs.

Personal Liability Insurance

Most contents insurance automatically includes personal liability insurance. This covers you should another person be injured or have any of their property damaged while on your property - for example if someone in your house falls down the stairs. It does not cover people who work in your home, such as cleaners or contractors.

Motor Vehicle

All vehicles must be insured for third party injury liability. A comprehensive policy will also insure for third party property damage and own damage.

Compulsory third party (injury) - insures against claims made against you for personal injuries and covers legal costs arising out of the use of your car. Commonly referred to CTP, you must obtain this insurance to register your car.

Third Party Property Damage - insures your liability for damage to another or to the property of others, (a fence, for example). It covers both the damage and your legal defence. It does not include repairs to your own car if you caused an accident. If you decide you don't want or can't afford Comprehensive insurance (below), Third Party Property is undoubtedly vital insurance to have, because a big claim could easily bankrupt you.

Third Party, Fire and Theft - insures against the events in the former category as well as fire and theft. It also insures against damage caused while the car was stolen.

Comprehensive - insures against all of the above plus damage caused by your own car by you, in an accident. If you're buying a car on an instalment basis, this cover will usually be insisted upon by the financiers.

Workers Compensation

This cover is compulsory. It covers claims arising from the death, injury or illness of employees arising out of their employment (under workers compensation law, or common law) and includes legal costs.




			Personal Insurance Home & Contents Listed Events Accidental Damage Special Valuables Tax Audit Insurance Landlords Covers Rental Properties Landlords Contents Landlords Liability Strata Buildings Strata Buildings Common Contents Body Corporate Liability Personal Liability Pleasurecraft Sailing Craft Liability Private Motor Car Comprehensive Third Party Low-Kilometer & Nominated Driver Motor Cycle Caravan Caravans & Annexes Contents Liability Travel Insurance Overseas Medical, Dental and Additional Expenses Cancellation Luggage and Travel Documents Accidental Death, Disability and Loss of Income Liability Domestic Workers Compensation Subject to individual State or Territory legislation Home and Contents Insurance BUILDING - Most policies cover the main dwelling, garage and other outbuildings, walls, gates, fences, drives, verandas, patios, in-ground swimming pools and landlord's fittings and fixtures. Check you have reinstatement and replacement cover, which is for all of the above structural items. Also check whether you have 'accidental damage' policy cover, or a less expensive 'defined events' policy. The former is broader. Also, check the policy allows for the full cost of rebuilding. There are also variances in things like depreciation costs, temporary accommodation, site clearing and the list goes on. CONTENTS - The cost of replacing furniture, carpets, personal possessions etc can be substantial - whether your home is big or small, owned or rented. The cost of contents insurance by comparison is trivial - but policies vary greatly. For example, some policies provide complete replacement cost as new for all contents. Others include some contribution to the claim by you, depending on the age of the items. Items like art works, antiques, collections and similar items have special claim limits on standard policies unless otherwise arranged. permanent or temporary travel insurance to cover baggage, clothing etc while you're outside Australia. VALUABLES - Personal valuables insurance covers personal possessions away from home - although there is usually a limit for unspecified items. It is very important to separately value and list expensive personal items such as jewellery and furs. Personal Liability Insurance Most contents insurance automatically includes personal liability insurance. This covers you should another person be injured or have any of their property damaged while on your property - for example if someone in your house falls down the stairs. It does not cover people who work in your home, such as cleaners or contractors. Motor Vehicle All vehicles must be insured for third party injury liability. A comprehensive policy will also insure for third party property damage and own damage. Compulsory third party (injury) - insures against claims made against you for personal injuries and covers legal costs arising out of the use of your car. Commonly referred to CTP, you must obtain this insurance to register your car. Third Party Property Damage - insures your liability for damage to another or to the property of others, (a fence, for example). It covers both the damage and your legal defence. It does not include repairs to your own car if you caused an accident. If you decide you don't want or can't afford Comprehensive insurance (below), Third Party Property is undoubtedly vital insurance to have, because a big claim could easily bankrupt you. Third Party, Fire and Theft - insures against the events in the former category as well as fire and theft. It also insures against damage caused while the car was stolen. Comprehensive - insures against all of the above plus damage caused by your own car by you, in an accident. If you're buying a car on an instalment basis, this cover will usually be insisted upon by the financiers. Workers Compensation This cover is compulsory. It covers claims arising from the death, injury or illness of employees arising out of their employment (under workers compensation law, or common law) and includes legal costs.