Geelong Bank is committed to providing you with the best cover and service to help protect your most treasured items through to the everyday essentials through our trusted insurance partner, QBE.
Home Cover is QBE’s building, contents and valuables insurance that can protect against any or all of the following:
With Home Cover, you’ll have peace of mind that if, through specific events, your property is damaged, destroyed or stolen, it can be repaired or replaced - usually on a “new-for-old” basis, regardless of the item's age.
|New for old replacement on most items||Yes|
|Legal liability||$30 Million|
|Building safeguard benefit||Yes|
|Burning out of electrical motors (fusion)||Yes|
|Spoiled food from power failure||Yes|
|Essential temporary repairs||Yes|
|Loss of credit cards||Yes|
|Contents in storage||Yes|
|Cost of replacing locks if your house keys are stolen||Yes|
|Cover when you move sites||30 days|
|Contents temporarily removed from your home||25% of sum insured, max $3,000|
|Legal defence costs||$2,500|
|Replacement of documentation||$1,000|
|Domestic workers compensation||Optional extra**|
|Extended cover for contents in storage||Optional extra**|
* Should you be unable to live in the home as a result of damage caused by a defined event
** Available in ACT, TAS & WA only for an additional cost
QBE has made it possible for you to enjoy a range of discounts on your premium:
The more secure your property is – through deadlocks, window locks, and either local or monitored alarms – the less you may have to pay.
Continue to earn a no claim bonus discount, up to our maximum level, the longer you go without making a claim.
An excess is the amount you’ll need to pay if you make a claim. You can tailor your premium by choosing an excess of: $100, $250, $500, $750, $1,000, $10,000 or nil excess.
If you’re retired and no longer working more than 20 hours a week, your premium will reflect the lower-risk nature of your circumstances.
If anyone named on your policy is over 50 and no longer working full time, you can enjoy an additional discount.