Fine Print – Allianz Renter's Insurance
The Bank arranges this insurance as agent of the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFS Licence No. 234708 (Allianz). The Bank acts as an agent for Allianz and not your agent. Neither Teachers Mutual Bank Limited nor Allianz provide advice based on any consideration of your objectives, financial situation or needs. To decide if it is right for you please carefully read the relevant Product Disclosure Statements for
Vital Home insurance, Classic Home Insurance and Prestige Home Insurance.
If you purchase this insurance, the Bank will receive a commission that is a percentage of the premium depending on the product. We also have an arrangement with a subsidiary company of Allianz to provide marketing, administrative and support services relating to Allianz insurance products in return for a share of aggregate profits from insurance policies (including CCI policies) issued by Allianz that we arrange. Ask us for more details before we provide you with any services on this product.
1 Instalment Payments
Premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding and financial institution transaction fees may apply.
2 Personal effects cover
Option only available in conjunction with contents cover. Premium amount payable in addition to your home building and/or contents premium. Calculation based on specifying a single mobile phone valued at $1,000 as personal effects. Current as of 01/06/2015. Please refer to your PDS for full terms and conditions.
Minimum premiums may apply. Any discounts/entitlements may be subject to rounding and only apply to the extent any minimum premium is not reached. If you are eligible for more than one, we also apply each of them in a predetermined order to the premium (excluding taxes and government charges) as reduced by any prior applied discounts/entitlements. For Home and Landlord insurance discounts may not be applied to any flood component of the premium (if applicable). Discounts are available at the time of publication and are subject to change without notice.
4 Online discounts
Any online discounts offered are applied to our standard rates (excluding optional covers) and are for the first year's premium only (unless stated otherwise). From time to time, promotional or other discounts may be available for customers who apply for insurance via our Contact Centre.
5 No Claim Bonus
To qualify for the maximum No Claim Bonus of 30%, you must have had no home or contents insurance claims in the preceding five years for Home and Contents policies or three years for Landlord policies. However, customers who have had up to two claims may still qualify for reduced No Claim Bonus.
6 New for old replacement
At Allianz’s discretion and subject to availability of replacement item.