Landlord Insurance.

Protect your investment property and landlord’s contents from insured events such as theft, fire, storm and malicious damage.

A residential investment property needs to be appropriately protected.

Landlord insurance can give you the peace of mind and confidence that your property will be looked after should something go wrong. Beyond Bank Landlord Insurance covers the property and/or the contents you provide for your tenant’s use.

Cover for your investment property.

hand with coins

Save up to 10% on your first year's premium when you buy a new policy online.1, 2

calendar

Pay by the month at no extra cost.3

To help you decide the cover you need, Here’s a brief outline of the difference between Buildings and Contents cover.

Landlord Buildings.

Designed to cover the physical structures that make up your property, like the house itself, garage, sheds, permanently installed swimming pools and decks.

 

Landlord Contents.

Designed to cover items at your property – from furniture, removable domestic appliances and white goods which belong to you as the landlord and that you have provided for the use of your tenant. It also covers your carpets and window furnishings.

The better you understand your policy, the easier it will be if you ever have to claim.

 

Here is a limited summary of the benefits of a landlord insurance policy. For full details of the standard terms, conditions, limits and exclusions that apply please read the Product Disclosure Statement (PDS), any applicable supplementary PDS before making a decision to purchase the insurance. The Landlord Buildings and Landlord Contents Key Fact Sheets (KFS) also sets out some information about the cover.

Select the cover to suit your needs.

Effective 22 February 2021.

  • Cover for the unexpected

Beyond Bank Landlord Insurance offers protection for your investment property for out of the ordinary but devastating events such as fire, storm and burglary.

  • Legal liability

Beyond Bank Landlord Insurance will cover your legal liability up to $20 million for payment of compensation relating to death, bodily injury or illness, and/or physical loss of or damage to property caused by an accident (or series of accidents). If you have contents cover only, it does not cover any legal liability you may incur as owner of the buildings unless the buildings are defined as a lot.

  • Making your buildings environmentally friendly

If your buildings are totally destroyed and need to be rebuilt, in addition to your buildings sum insured, Beyond Bank Landlord Insurance will pay up to $5,000 (after deduction of any government or council rebates) to help you make the new buildings more environmentally friendly.

  • Landlord contents

Allianz will pay for repair or replacement of contents you own and provide for your tenant’s use as a result of an insured event. If you select buildings cover, Beyond Bank Landlord Insurance will pay up to $10,000. Alternatively, if you select contents cover, Beyond Bank Landlord Insurance will pay, up to the sum insured.

  • Rental costs after an insured event

If your buildings are damaged by an insured event and can’t be lived in by your tenant, or, access to or use of the buildings is not possible after an insured event Allianz will pay for your loss of rent on the buildings for up to 12 months.

  • Rebuilding and professional fees

If you need to rebuild your buildings after total loss or damage, Beyond Bank Landlord Insurance will help pay the reasonable costs of architects, engineers, surveyors and solicitors up to $5,000.

  • Debris removal

Beyond Bank Landlord Insurance will cover up to 10% of the building and/or contents sum insured for removing debris from your insured address if your buildings are damaged or destroyed by an insured event.

  • 24/7 claims assistance

When you need to make a claim Allianz are there for you with 24 hour claims lodgement available online, or you can call the claims line to commence the claims process over the phone.

  • Contents in the open air at the insured address

Beyond Bank Landlord Insurance will cover contents in the open air (that you own and that you have provided for your tenants use) which have been lost or damaged by an insured event covered by your policy, up to a maximum amount of $1000.

Optional covers.

Apply to add any of these optional covers for an additional premium and greater cover.

cleaner

Landlord workers’ compensation cover.

  • Cover for the compensation amount you are liable to pay if you employ a domestic worker and they are injured while working for you at the insured address. Only available in ACT, WA and TAS.
house flooded

Flood cover.

  • Flood cover may be available as an optional cover to your buildings and/or contents. A 72 hour exclusion period applies.

 

Policy Documents and Key Fact Sheets.

We do not provide advice based on any consideration of your objectives, financial situation or needs. Terms, conditions, limits and exclusions apply.

Before making a decision please refer to the Landlord Product Disclosure Statement (PDS) any applicable supplementary PDS and Landlord Buildings or Landlord Contents Key Fact Sheets also available for reference.

Landlord Insurance Calculators

It’s up to you to decide the sums insured, and the type and level of cover that you want to take out. People generally want enough insurance to cover the property’s estimated replacement value. If you don’t have enough cover, you could end up having to cover some of the costs yourself.

Remember, we will only pay up to the amount of your loss or the sum insured, whichever is the lesser (subject to the policy terms and conditions) - so you should also be careful not to over insure. That's why we've provided these calculators. They work as guides to help you estimate the replacement value of your landlord building and contents.