Choose the version of this loan that suits you best
| ||Essential Care Residential|
| ||Quality Care Residential|
| ||Premier Care Residential|
Essential Care Residential
Quality Care Residential
Premier Care Residential
Designed to help you get back on track should your personal belongings be lost or damaged, St George’s contents insurance offers three different levels of cover. These are Essential Care, Quality Care and Premier Care. All levels of cover offer insurance for flood and storm damage, up to $20 million of legal liability, an automatic safety net for underinsurance and new for old replacement.
With St George’s contents insurance you can choose from three different levels of cover. The most basic level is Essential Care, then Quality Care which offers a little bit more and finally Premier, which is the highest level of contents insurance St George offers.
Each type of cover comes with an automatic safety net. This is in case repair or replacement costs are higher than anticipated - it’s basically like underinsurance. For Essential Care the safety net is 5% of the sum insured, for Quality Care it is 10% and finally, for Premier Care it is 20%.
All three offer cover for emergency accommodation. For both Quality and Premier Care cover this is either 10% of your sum insured or the cost of accommodation for up to 12 months, whichever costs less. If you opt for Essential Care, emergency accommodation cover is capped at $5,000.
Up to $20 million worth of legal liability cover comes with all three, Essential, Quality and Premier. For items that cannot be repaired, all covers include new for old replacement, regardless of how old the item is. All also come with cover for flood, storm and earthquake damage and theft cover. However, Essential and Quality care will not cover you for accidental breakage of glass or accidental loss or damage.
St George’s contents insurance would be suited to anyone who wants the flexibility to choose a level of cover that they can both afford and is sufficient for their own individual circumstances. Standalone contents insurance is also a good idea if you’re a renter, or you don’t currently have your own home to insure.
While you can choose to pay for your premium monthly or yearly, depending on which option you go for you may be charged more. This is due to adjustments, including rounding up costs and some transaction fees which may apply.
It should also be noted that if you opt for a more basic level of insurance, such as Essential, there may be some things you won’t be covered for. For instance, the Essential and Quality plans will not cover you for accidental loss or damage. So always make sure you read through the PDS documents thoroughly, before making up your mind about a policy.