At this level of cover, Apia are protecting your belongings in the event of a number of wide-ranging accidents. For instance, if you’re the victim of a flood, fire, storm, lightning strike, tsunami, burglary or even if you accidentally break some glass - you’re covered. To that list you can add riots and vandalism or any damage caused by a falling tree or powerline. Just be aware that there are some exclusions relating to storm and power surges so read your PDS carefully.
Now that you know when you’ll be covered and when you won’t, you’ll be wanting to know what is covered by Apia’s Contents Extra Insurance. The good news here is that, being its highest level of cover, Apia will stump up some serious cash to replace your possessions as new-for-old. If your jewellery is stolen, for example, Apia will pay for the costs to replace it up to the value of $2,500 per item or if any personal medical equipment is damaged, it will be replaced, too. Computer and home office inventory are covered as standard for this policy but if you’re into your photography, be sure to select camera cover as an optional extra.
Apia will reward tech savvy customers who get a quote online with a 15% discount on your Contents Extra premium. If you have your car or health insurance with Apia, be sure to enquire about the multi policy discounts that are available to customers with more than one insurance policy.
Who it's good for:
Apia recognise those with a little more life experience than the rest and therefore will offer you a cheaper premium if you’re over the age of 50. If you want the flexibility to choose your amount of excess and will stay on top with updating your contents insurance policy as you bring new belongings into your home, this could be the right policy for you.
Without the safety net of underinsurance protection, it will be super important to update Apia if you are to bring new gadgets into your home or splash out on some new jewellery.