The details shown below are for the Fundamentals Home Insurance

The details shown below are for the Listed Events Home Insurance

The details shown below are for the Accidental Damage Home Insurance

Choose the version of this product that suits you best

  • Fundamentals Home Insurance

  • Listed Events Home Insurance

  • Accidental Damage Home Insurance

Important information on terms, conditions and sub-limits
Fire
Yes
Theft or burglary
Yes
Flood
Yes
Storm
Yes
Building cover
Contents cover
n/a
Fire
Yes
Theft or burglary
Yes
Flood
Yes
Storm
Yes
Building cover
Contents cover
n/a
Fire
Yes
Theft or burglary
Yes
Flood
Yes
Storm
Yes
Building cover
Contents cover
n/a

Mozo editorial review CGU Building Insurance - last updated: 27 January 2021

binocular icon
What's hot
  • Fee-free monthly repayment option
  • Up to 12 months temporary accommodation
  • Built-in flood cover
What's not
  • No landscaping cover
Mozo snapshot

CGU’s Fundamentals Building Insurance provides all the basic features you’ll need to protect your home, plus some advantages you might not expect from a low cost policy. With automatic flood cover, cover for up to 12 months of temporary accommodation costs and the option to make fee-free monthly repayments, CGU’s low cost policy could be the perfect option for your own home.  



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Key features

With a CGU Fundamentals Building Insurance policy you’ll know your home is insured against all the standard events, from minor occurrences such as accidental glass breakage to natural events like lightning strikes and impacts from falling trees. CGU even provides automatic flood cover (which is usually an optional extra), although it should be noted that your policy won’t cover your house for damage from storm surges or power surges.

If an event does occur that leaves your home damaged or destroyed the policy will cover any debris removal or demolition costs (up to 10% of the sum insured), up to $1,000 for the replacement of locks and keys, as well as alternative accommodation costs for your family and pets for up to 12 months (also up to 10% of sum insured).

Unlike many other insurance policies, CGU Fundamentals Building Insurance can be paid in monthly instalments or as a yearly lump sum without incurring additional fees. Plus with the 24/7 claims line you'll be able to contact CGU at any time.


snapshot
Who is it good for

CGU’s Fundamentals Building Insurance is more than just a low cost building insurance option - with it’s range of additional features it can provide any homeowner with the comprehensive protection and cover needed for their own home.  



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Any catches

The Fundamentals Building Insurance policy doesn’t offer cover for trees or plants damaged or destroyed in an event. As with any insurance policy there are some exclusions, so be sure that you read the PDS in full before signing up.



Details

Rates and fees information correct as at 20 September 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Buildings

Yes

No

No

Yes

Events

No

Yes

Yes

Yes

Yes

Yes

Yes

No

No

Yes

Yes

No

Yes

Yes

Yes

Yes

Policy and service features

60

No

Yes

$350

true

yes

No

Yes

Up to $20,000,000

none

none

Other cover

No

Up to $1,000

Up to 12 months, up to 10% of sum insured combined with temporary accommodation for pets

Up to 12 months, up to 10% of sum insured combined with temporary accommodation

Up to 10% of sum insured combined with demolition cost

Up to 10% of sum insured combined with debris removal cost

No

*Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement and the Target Market Determination on the provider's website for further information before making any decisions about an insurance product.

Details

Rates and fees information correct as at 20 September 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Buildings

Yes

No

Up to $750 for plants

Yes

Events

No

Yes

Yes

Yes

Yes

Yes

Yes

Up to 15 years old

No

Yes

Yes

No

Yes

Yes

Yes

Yes

Policy and service features

60

No

Yes

$350

true

yes

No

Yes

Up to $20,000,000

none

none

Other cover

No

Up to $1,000

Up to 12 months, up to 10% of sum insured combined with temporary accommodation for pets

Up to 12 months, up to 10% of sum insured combined with temporary accommodation

Up to 10% of sum insured combined with demolition cost

Up to 10% of sum insured combined with debris removal cost

No

*Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement and the Target Market Determination on the provider's website for further information before making any decisions about an insurance product.

Details

Rates and fees information correct as at 20 September 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Buildings

Yes

No

Up to $1,500 for plants

Yes

Events

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Up to 15 years old

No

Yes

Yes

No

Yes

Yes

Yes

Yes

Policy and service features

60

No

Yes

$350

true

yes

No

Yes

Up to $20,000,000

none

none

Other cover

No

Yes

Up to 12 months, up to 10% of sum insured combined with temporary accommodation for pets

Up to 12 months, up to 10% of sum insured combined with temporary accommodation

Up to 10% of sum insured combined with demolition cost

Up to 10% of sum insured combined with debris removal cost

No

*Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement and the Target Market Determination on the provider's website for further information before making any decisions about an insurance product.

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