Home Renters Protection Package

Transcription

1 Home Renters Protection Package Pays the rent when you can t

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3 Consider how you would cope with paying your Rent and your family s living expenses if... your regular income suddenly stopped for an extended period due to a serious injury or extended sickness; your Home Contents are burnt or stolen and need to be replaced; or you had to face a huge liability claim for damages against you due to your negligence causing Injury to someone or Damage to their property. Now you can protect yourself with a special comprehensive insurance package as a Home Renter through a Donnellys authorised Property Manager distributor as follows. Home Renters 3-way Protection 1. Rent payment cover so you can keep a roof over your head when you are unable to work due to an Accident or Sickness. plus you can add cover for your other regular living expenses to protect your family s lifestyle; 2. Home Contents comprehensive cover either at the premises or worldwide temporarily; 3. Legal Liability cover for injury to someone anywhere in the world or damage to others property, e.g. you start a fire which spreads to neighbours. Premiums payable monthly

4 1. Lifestyle protection insurance Consider how you would cope with your family s living expenses if your regular income suddenly stopped for an extended period without insurance protection. What are the odds? Statistically, you have more than a 60% chance of being disabled for more than 1 month during your working life*. Lifestyle Protection insurance policy can protect you with a Leave Bank available up to a maximum period of 3 Years in the event of a serious Sickness or Bodily Injury. * Source: Zurich Australia Ltd - Institute of Actuaries of Australia 2000 report. Key Policy Features - Insure your annual Salary up to 85% 3 years maximum weekly benefit period of disability available Available to Full-time, Part-time or Casual staff Easy to apply no medical necessary Accidental Death and Disability lump sum benefits Weekly benefits cover for Bodily Injury & Sickness Special 10% premium discount Donnellys has negotiated a special 10% group premium discount for this product for extra value to clients! How much cover do you need? Everyone s cover needs are different so choose how much insurance protection you need to safeguard your lifestyle in case the worst happens. You can insure up to 85% of your normal income or just your major expenses such as Rent, Loan repayments or Food and Clothing costs. What does Lifestyle Protection Insurance cover? The insurance provides weekly benefits for a Bodily Injury resulting solely from an Accident and weekly benefits as a result of a Sickness when not specifically excluded. The insurance also provides a lump sum benefit for a Death or Disability resulting solely from an Accident.

5 Am I covered for a pre-existing medical condition? The insurance does not cover any congenital conditions or any medical conditions which are pre-existing when the insurance is first purchased. Furthermore, there is no cover for any Sickness which first manifests itself within the first thirty (30) days of the insurance commencement. When do my claim benefits start? The Excess Period to be served before any benefit will be paid is fourteen (14) days as standard, but this period can be varied upon application. What if I am employed Permanent Part-time or Casual? You qualify for this insurance as long as you are gainfully employed regardless of the number of hours you work in any one period. Your claimable weekly benefit will be calculated on your average pre-tax income during the previous twelve (12) months or shorter period of employment if applicable. Can I claim the premium as a deduction on my tax return? Yes insurance against loss of income is generally fully tax deductible under current legislation and policy claim benefits are assessable for income tax. You should consult your tax adviser for confirmation. What is the maximum amount I can insure for? You may insure up to 85% of your annual Salary, from one or more jobs, up to a maximum benefit of $1,500 per week or higher amount upon application. What are the policy age limits? Once you have reached sixty-five (65) years of age or have retired from work (whichever occurs first), your cover will cease unless otherwise specifically agreed in writing by the insurer. How long will claim benefits be paid by the policy? There is a choice of 1, 2 or 3 years Maximum Benefit Period available.

6 2. Gold Star Home Contents Insurance It is estimated that 2 out 3 Australians renting a home do not have their possessions covered for Fire, Theft or Damage. Nor do they have cover for items away from home such as a bike, mobile devices, camera, clothing, sporting equipment etc. Could you easily replace your possessions in the event of a fire caused by an electrical fault as an example? Gold Star Home Contents Policy Features Special 20% premium discount Covers any accidental misfortune not specifically excluded so it provides a broad safety net cover and is not limited to a list of specified events cover like most policies Worldwide automatic cover for personal items such as jewellery up to $10,000 any one item, camera, sporting equipment and other contents while away from home. Most policies limit coverage to the residence and require or additional cover at extra cost for personal items away from home. Replacement cost as new coverage even though your property or contents may be many years old. Unspecified jewellery cover at home up to $10,000 per item usual limit is $1,000 Credit card fraud coverage if it is lost or stolen up to $5,000 usual limit is $1,000 Accidental loss or theft of money up to $2,000 at and away from home usual limit is $500 and limited to home premises Veterinary expenses for pet injured in a road accident up to $1,000 often not covered ATO Tax audit of your financial affairs up to $5,000 expenses not usually covered Legal defence costs incurred against you up to $5,000 not usually covered Mechanical or Electrical Breakdown of Home Appliances exclusive cover

7 3. Personal Liability Insurance Liability cover at no extra cost Consider how you would cope financially if you caused a fire and it spread to other tenancies and severely damaged the building as well. How would you pay for the damage to others property, and worse, your liability for possible injuries? Personal Liability cover for injury or property damage is automatically included in the Gold Star Home Contents policy up to $20,000,000 worldwide at no extra cost to provide you peace of mind in case the worst happens to you! Make sure you are protected from financial ruin if one of these 3 events were to unfortunately happen to you. Phone Melanie, Kirsty or Chris to discuss this Renters Insurance Package on: (08) OR Simply complete the attached tear-off quotation request form and mail, fax or it for an obligationfree quotation to: Donnelly Insurance Brokers Pty Ltd GPO Box 1833, Adelaide SA 5001 Fax: Insure@Donnellys.com.au General Advice Warning This coverage information is provided as General Advice only so you can make an informed decision about whether this product is suitable for you. Full coverage details, exclusions and limitations are contained in the Product Disclosure Statement / Policy Documents available on request from Donnelly Insurance Brokers Pty Ltd.

8 This Product is marketed by: Donnelly Insurance Brokers Pty Ltd, AFSL , ABN: Donnellys has specialised in personal insurances since Donnelly Insurance Brokers Pty Ltd GPO Box 1833, Adelaide, SA 5001 Ground floor, 64 Hindmarsh Square, Adelaide SA 5000 ABN: Phone (08) Web Member National Insurance Brokers Association Insurance Brokers Network Australia Lifestyle Protection FEB17 DIB4032

9 Home Renters Protection Package QUOTATION REQUEST POLICY 1: RENT AND LIVING EXPENSES COVER OPTION RENTER PERSON 1 Title: Full Name: Gender: Male Female Date of Birth: / / Street Address: Suburb State Postcode: Home Phone: Mobile Phone: Address (Home): (Work): Occupation: Main Duties: Employer name (if no above): RENTER PERSON 2 (if cover required) Title: Full Name: Gender: Male Female Date of Birth: / / Mobile Phone: Address (Home): (Work): Occupation: Main Duties: Employer name (if no above):

10 POLICY 2: GOLD HOME CONTENTS COVER OPTION Replacement Cost of Home Contents: $ Construction? Brick Other Age of property (approx.)? Roof construction? Security? Key operated window locks Yes No Deadlocks on all external doors Yes No Renters Signatures: Monitored Alarm Yes No Date: Property Manager s Name Street Address: Suburb State Postcode: Mail, fax or this form for an obligation-free quotation to: Donnelly Insurance Brokers Pty Ltd GPO Box 1833, Adelaide SA 5001 Fax: Insure@Donnellys.com.au