Choose the version of this loan that suits you best
| ||Essential Care Residential (Home & Contents)|
| ||Quality Care Residential (Home & Contents)|
| ||Premier Care Residential (Home & Contents)|
Essential Care Residential (Home & Contents)
Quality Care Residential (Home & Contents)
Premier Care Residential (Home & Contents)
Homeowners from all walks of life will be able to find an option to suit their needs with this three-tiered system of building and contents cover. Plus, there's a 25% discount on offer, when you quote, buy online and combine your home and contents insurance at the same address, under the same policy. St George also provides a varied safety net if repair and replacement costs are higher than expected, as well as emergency accommodation.“
St. George Home and Contents Insurance comes at three levels: Essential Care, Quality Care and Premier Care. Each offers similar types of cover for your home and belongings, but at increasing limits as you move up each tier, along with some extra benefits included in the Quality and Premier options.
Across each coverage type, there is some level of underinsurance tied to a percentage of the sum your home and contents are insured for. This essentially acts as a safety net if repairs or replacement end up costing you more than anticipated. Under the highest level of cover (Premier) this is up to 30% for buildings and up to 20% for contents.
There’s also varied cover for emergency accommodation if you can’t inhabit your home after an insurable event. For those holding Essential Care cover, this is up to $10,000, while Quality and Premier policies extend to the lesser of 12 months or 10% of the sum insured.
Similarly, cover limits for events and specific contents vary. As an example, jewellery and watches are covered for up to $500 per item or $3,000 collectively per claim under Essential Care, while those figures increase to $5,000 per item and $20,000 per claim under Premier Care.
Check out the PDS for an extensive list of items. Also be sure to note the extra benefits which are only included in the two top tier options, like accidental breakage of glass and electrical motor burnout.
If that 25% discount on the first year’s premium caught your eye, remember this is only for those getting a quote and purchasing a combined home and contents policy online. It drops to 15% if you don’t combine the two policies under the same address.
Any homeowner who’s looking for flexibility when protecting their home and belongings, especially if they’re concerned about under-insuring items.
Since there are three tiers of protection within this policy, you’ll want to be certain you’ve chosen the right level of cover, or you could get a rude shock when making a claim.