The details shown below are for the Fundamentals Home Insurance
The details shown below are for the Accidental Damage Home Insurance
The details shown below are for the Listed Events Home Insurance
Choose the version of this loan that suits you best
| Name | |
|---|---|
| | Fundamentals Home Insurance |
| | Accidental Damage Home Insurance |
| | Listed Events Home Insurance |
Fundamentals Home Insurance
Accidental Damage Home Insurance
Listed Events Home Insurance
Are you looking for an affordable home and contents insurance policy that provides the basic levels of cover and more? With an extensive range of covered events, generous cover for your valuables and even options you wouldn’t get with some premium policies such as automatic flood cover and fee-free monthly repayments, the CGU Fundamentals Home and Contents Insurance policy could be the one for you. It’s little surprise that it won a 2017 Mozo Experts Choice Award for Low Cost Home and Contents Insurance.
With the CGU Fundamentals Home and Contents Insurance policy you’ll be safe in knowing that both your house and possessions will be covered for a number of events including burglary, the accidental breakage of glass, fire, lightning strikes, and, unlike many policies, flood damage. However, the policy won’t cover you for damage caused by a power surge or storm surge (when a storm causes an increase in sea level).
Your valuable items (think jewellery, mobile phones and laptops) will all be covered for up to $2,000, as will any cash in your home (up to $500) and your credit cards (up to $1,000), though CGU won’t cover your trees or other landscaping features for damage under the policy.CGU Fundamentals Home and Contents Insurance also comes with a number of additional features you might not expect from a basic policy, making it a great value low cost option. These include new for old replacement for damaged or destroyed items, temporary accommodation for your family and pets for up to 12 months (up to 10% of the sum insured), as well as debris removal and demolition costs in the event that your home is damaged or destroyed (up to 10% of the sum insured).
Better yet, unlike many insurers CGU allows you to pay for your premium on a monthly basis without being charged a fee, although you’re still able to pay it as an annual lump sum if you choose to.
CGU’s Fundamentals Home and Contents Insurance is an ideal option for homeowners looking for a low cost policy that also offers a heap of additional features to cover both their home and possessions.
Unlike many policies, Fundamentals Home and Contents Insurance doesn’t come with a discount for signing up online, but with its low cost and range of features you won’t need it.
60
No
Yes
$350
true
yes
No
Yes
No
Up to $1,000
Up to $20,000,000
n/a
n/a
No
Yes
Yes
Yes
Yes
Yes
Yes
No
No
Yes
Yes
No
Yes
Yes
Yes
Yes
Yes
No
No
Yes
Up to $500
Up to $1,000
Up to $20,000 per item or set
Up to $20,000 per item or set
Up to $1,000 per item or set. Up to $2,000 in total for valuables
Up to $20,000 per item or set
Up to $20,000 per item or set
Up to $1,000 per item or set. Up to $2,000 in total for valuables
Up to $1,000 per item or set. Up to $2,000 in total for valuables
No
No
No
Up to $20,000 per item or set
No
No
Up to $2,500
No
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
No
Up to 10% of sum insured combined with demolition costs
Up to 10% of sum insured combined with debris removal costs
No
Up to 14 days for contents
No
60
No
Yes
$350
true
yes
No
Yes
Up to 90 days
Yes
Up to $20,000,000
n/a
n/a
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Up to 15 years old
No
Yes
Yes
No
Yes
Yes
Yes
Yes
Yes
No
Up to $1,500 for plants
Yes
Up to $1,250
Up to $5,000
Up to $20,000 per item or set
Up to $20,000 per item or set
Up to $2,500 per item or set. Up to greater of 20% sum insured or $7,500 in total for valuables
Up to $20,000 per item or set
Up to $20,000 per item or set
Up to $2,500 per item or set. Up to greater of 20% sum insured or $7,500 in total for valuables
Up to $2,500 per item or set. Up to greater of 20% sum insured or $7,500 in total for valuables
No
Up to $1,000
No
Up to $20,000 per item or set
Up to $5,000
Up to $5,000
Up to $10,000
Up to $10,000 for funerals
Up to $500
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 12 months
Up to 10% of sum insured combined with demolition costs
Up to 10% of sum insured combined with debris removal costs
No
Up to 14 days for contents
Up to $10,000
60
No
Yes
$350
true
yes
No
Yes
Up to 90 days
Up to $2,000
Up to $20,000,000
n/a
n/a
No
Yes
Yes
Yes
Yes
Yes
Yes
Up to 15 years old
No
Yes
Yes
No
Yes
Yes
Yes
Yes
Yes
No
Up to $750 for plants
Yes
Up to $750
Up to $5,000
Up to $20,000 per item or set
Up to $20,000 per item or set
Up to $2,500 per item or set. Up to greater of 20% sum insured or $5,000 in total for valuables
Up to $20,000 per item or set
Up to $20,000 per item or set
Up to $2,500 per item or set. Up to greater of 20% sum insured or $5,000 in total for valuables
Up to $2,500 per item or set. Up to greater of 20% sum insured or $5,000 in total for valuables
No
Up to $1,000
No
Up to $20,000 per item or set
Up to $5,000
Up to $5,000
Up to $10,000
Up to $10,000 for funerals
Up to $500
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 12 months
Up to 10% of sum insured combined with demolition costs
Up to 10% of sum insured combined with debris removal costs
No
Up to 14 days for contents
Up to $10,000
Claims handler appeared to be from Manilla and couldn't have been less interested in our storm damage claim. Sending jobs overseas may save the company money but those savings don't appear to be passed onto the customer.
Read full reviewClaims handler appeared to be from Manilla and couldn't have been less interested in our storm damage claim. Sending jobs overseas may save the company money but those savings don't appear to be passed onto the customer.
Only ever had 1 claim in 15 years and yet still have yearly increases above CPI.
Read full reviewOnly ever had 1 claim in 15 years and yet still have yearly increases above CPI.
Always there to help and the products are good for my personal needs and cover what I need.
Read full reviewAlways there to help and the products are good for my personal needs and cover what I need.
Best value for money with the range of inclusions covered in the policy.
Read full reviewBest value for money with the range of inclusions covered in the policy.
I was surprised to find out that quite a few household items are not covered, like the stove, hot water system and white goods over 15 years old.
Read full reviewI was surprised to find out that quite a few household items are not covered, like the stove, hot water system and white goods over 15 years old.
