Building and Contents

Covering your building and your fixtures and fittings

Your Landlord Insurance Benefits at a glance (Building and Contents)

 

This benefits summary is intended to provide a snap shot of the policy coverage available through Brees. It provides a description of risks that are covered, those that are not covered, including additional benefits and optional covers. It does not provide a complete statement of the cover offered, any exclusions under the policy, or conditions and/or all limits that may apply under each type of Cover. You should carefully read the Product Disclosure Statement (PDS) and all policy documentation for full details.

Policy Coverage
Listed Events
Accidental Damage
Accidental destruction, loss or damage

Accidental Damage covers any loss or damage that is not specifically excluded under the policy along with any Additional Benefits noted below
Listed events:

A Listed Events policy covers those events listed in the policy along with any Additional Benefits noted below

Accidental loss or damage by your tenant
Deliberate or Intentional Damage

Malicious Damage / Vandalism
Fire
Storm / Storm Surge
Lightning / Thunderbolt
Smoke
Flood incl. Flash Flood
Rainwater
Hail
Wind
Earthquake and Tsunami
Explosion
Escape of liquid
Burglary or Housebreaking, or attempt at either
Theft
Electric Motor Burnout
Accidental Breakage of Glass, Sinks, etc.
Riots, Civil Commotion, Industrial / Political Disturbances
Impact by an Aircraft / Spacecraft
Impact by a Falling Tree
Impact by a Falling Television
Impact by an Animal / Bird
Impact by Vehicles / Watercraft
Erosion, Subsidence, Landslide or Earth Movement
Power Surge
Additional benefits
Flood

Covered

Covered
Tsunami (Cover for loss or damage as a result of erosion, subsidence, landslide or earth movement if caused by a Tsunami)

Covered if loss occurs within 72 hours

Covered if loss occurs within 72 hours
Landslide or Subsidence (if caused by storm, flood, earthquake, tsunami, explosion or escape of liquid from a pipe)

Covered if loss occurs within 72 hours

Unspecified Contents

Up to $20,000 per item

Up to $20,000 per item
Landlord’s Fixtures and Fittings

Part of Building sum insured

Part of Building sum insured
Landscaping, Trees, Shrubs, Plants

$5,000

$5,000
Fixed Exterior Blinds and Awnings

Part of Building sum insured

Part of Building sum insured
Fixed Floor Coverings

Part of Building sum insured

Part of Building sum insured
Inbuilt Pools, Spas, Saunas

Part of Building sum insured

Part of Building sum insured
Jetties, Wharves, Pontoons

Part of Building sum insured

Part of Building sum insured
Drapes, Curtains

Part of Contents sum insured

Part of Contents sum insured
Contents in the Open Air at Risk Address


Part of Contents sum insured

Part of Contents sum insured
Damage to Body Corporate Building by Tenant

Part of Contents sum insured

Part of Contents sum insured
Damage to Body Corporate Building by Tenant’s Pet

$10,000

$25,000
Damage to Body Corporate Building by Visitors

$10,000

$25,000
Un-occupancy period
Removal of Debris – Building insured

Pay up to 10% of the building sum insured

Pay up to 15% of the building sum insured
Removal of Debris – Contents Only insured

Pay up to 10% of the building sum insured

Pay up to 15% of the building sum insured
Electric Motor burnout

Less than 7 years old

Less than 15 years old
Loss or Damage caused by Defects or Faulty Design

Sum Insured Safeguard / Safety Net


Up to 10% of the building sum insured

Up to 15% of the building sum insured
Tax audit

$2,000

$5,000
Mortgagee discharge costs

$1,000
Keys and Lock Replacement

$500

$1,000
Environmental Upgrade: Allowance for Rainwater Tanks, Solar, Hot Water, Grey Water systems following a total loss

$5,000

$5,000
Inflation Adjustment from policy inception for building and contents

Meeting building regulations

Up to general sum insured

Up to general sum insured
Locating source of escaped liquid

Reasonable costs

Reasonable costs
Building materials

Up to $5,000

Up to $5,000

Catastrophe or emergency declared


Up to additional 10% of sum insured
Automatic Reinstatement of Sum Insured following a partial loss

Exploratory Costs


Extra Cost of Rebuilding
Actions of the Sea
Optional covers
Theft by Tenant
Optional – Up to sum insured
Optional – Up to sum insured
- Legal expenses
Optional

$2,000
Optional

$5,000
Loss of Rent
Optional
Optional
- Property uninhabitable or untenantable
Optional

Up to 12 months (long term tenancy), up to 12 months less 5 days rent (short term)
Optional

Up to 24 months (long term tenancy), up to 24 months less 5 days rent (short term)
- Prevention of access
Optional

Up to 12 months (long term tenancy), up to 12 months less 5 days rent (short term)
Optional

Up to 24 months (long term tenancy), up to 24 months less 5 days rent (short term)
Rent Default
Optional
Optional
- Defaulting tenant
Optional

$8,000
Optional

$12,000
- Vacating without notice
Optional

$8,000
Optional

$12,000
- Legal Eviction of tenant
Optional

$8,000
Optional

$12,000
- Stops paying rent
Optional

$8,000
Optional

$12,000
- Hardship
Optional

Additional 6 weeks rent
Optional

Additional 6 weeks rent
- Death of Tenant
Optional

6 weeks rent
Optional

6 weeks rent
- Legal costs to minimise Rent Default
Optional

$2,000
Optional

$2,000
Legal Liability
Limit

$20,000,000

$20,000,000
Additional benefits:

(a) Legal Liability Costs

(b) Expenses incurred in attending court

Approval required

Approval required

Download PDF
Landlord Building and Content Policy Document – Product Comparison (175.44 KB)

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Just a friendly reminder before you start….

YOUR DUTY OF DISCLOSURE

Before you enter into a Contract of general insurance with an Insurer, you have a duty under the Insurance Contracts Act 1984 to disclose to the Insurer every matter that you know, or could reasonably expect to know, is relevant to the Insurer’s decision whether to accept this risk of Insurance, and if so, on what terms. You have the same duty to disclose those matters to the Insurer before you renew, extend, vary or reinstate a Contract of general insurance. Your duty however does not require disclosure of matter:

  • that diminishes the risk to be undertaken by the Insurer;
  • that diminishes the risk to be undertaken by the Insurer;
  • that is common knowledge;
  • that your insurer knows or, in the ordinary course of business, ought to know; as to which the compliance with your duty is waived by the Insurer.

NON-DISCLOSURE

If you fail to comply with your duty of disclosure, the Insurer may be entitled to reduce the liability under the Contract in respect of a claim or may cancel the Contract. If your non-disclosure is fraudulent, the Insurer may also have the option of avoiding the Contract from its beginning.

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Please read our Financial Services Guide to help you make an informed decision about whether to use the financial services we offer.

Please read the relevant Product Disclosure Statement for full details before deciding about the right cover for you.

If you are not fully satisfied with our services, you should contact our Complaints Officer on 1300 949 834. Brees Insurance Pty Ltd, ABN 49 150 657 113 as an authorised representative of PSC Insurance Brokers (Aust), are members of the Australian Financial Complaints Authority; a free service, and follow the principles of the Insurance Brokers Code of Practice. Further information is available from our office. You can contact AFCA directly on 1800 931 678.

Please be aware that all communication will be via phone, email or text. We do not mail any correspondence.