New for old replacement
If your saggy old sofa is damaged in a fire or flood, CGU will replace it with a new one. In other words, there’s no depreciation on your contents.*
Emergency repairs
If you have an issue in your house that requires repairs, CGU will help arrange assistance through their preferred repairers and suppliers.*
A roof over your head
Worried about where you’ll sleep at night if your home is damaged? CGU looks after you by providing temporary accommodation.*
Choose the right cover for your home
Building and contents
The most extensive type of home insurance through P&N Bank, giving you cover for both your home and the many things inside it.
- Residential building protection
- Garages and sheds
- Infrastructure for services
- In-built swimming pools and spas
- Money
- Jewellery
- Furniture
- Computers and software
Buildings cover
This covers both the property you live in, plus any other buildings on your property - such as sheds and garages.
- Residential building protection
- Garages and sheds
- Infrastructure for services
- In-built swimming pools and spas
- Money
- Jewellery
- Furniture
- Computers and software
Contents cover
This covers a wide range of items – including furniture, jewellery, electronics, and even carpet and curtains.
- Residential building protection
- Garages and sheds
- Infrastructure for services
- In-built swimming pools and spas
- Money
- Jewellery
- Furniture
- Computers and software
This is only a summary, see everything that is and isn’t covered in the Product Disclosure Statement (PDS).
Your home insurance questions answered
The items and events your home insurance policy covers does depend on the level of home insurance you purchase.
Home insurance may protect your building, or other buildings on your property, in the event of accidental damage, loss caused by fire or theft, and storm damage.
You can choose to include contents insurance in your policy to help protect your belongings - such as electronics, furniture, money, carpets, and jewellery.
Some home insurance policies also include liability cover. This means that if there is an insured incident that causes loss or damage to someone else’s property, or death or bodily injury to other people, your legal liability will be covered.
You can find out full cover details in Home Insurance PDS.
P&N Bank offers three levels of building insurance to suit your needs. These are Accidental Damage, Listed Events and Fundamentals.
Read the relevant Product Disclosure Statement for full details and cover information.
If you are renting it can pay to protect your belongings by taking out a Contents Insurance policy.
A common misconception amongst renters is that your landlord’s insurance will cover you if anything happens to your possessions. Landlord insurance generally only covers what the landlord owns which is the house and land. This means that anything that belongs to you at the rental property likely isn’t covered by their insurance.
A Contents Insurance policy may cover you financially if your belongings are lost, damaged or stolen. It can also cover you for incidents including theft, water damage, smoke damage and fire.
An insurance excess is simply the amount that you'll need to pay towards the cost of an insurance claim.
There are different types of excess that apply to different policies. For example, in addition to the basic excess which applies when you make a claim on Car insurance, you may also be required to pay an age excess, inexperienced drivers excess or additional excess. Please refer to your Product Disclosure Statement for more information.
Important information
*Underwriting criteria, policy terms, conditions, limits and exclusions apply. Please see the Product Disclosure Statement for full details.
Police & Nurses Limited (P&N Bank) ABN 69 087 651 876 AFSL 240701 acts under its own AFSL and under an agreement with the issuer Insurance Australia Limited trading as CGU Insurance ABN 11 000 016 722, AFSL 227681. Any advice provided is general advice only and does not take into account your individual objectives, financial situation or needs (“your personal circumstances”). Before using this advice to decide whether to purchase a product, you should consider your personal circumstances and the relevant Product Disclosure Statement and Target Market Determinations (TMDs).