|Additional Cover Inclusions: |
|Malicious Damage by Tenant ||Up to Contents Sum Insured |
|Public Liability ||$20,000,000 |
|Loss of Rent* ||Up to $1,000 per week for a maximum of 52 weeks |
Maximum of 15 weeks for rent default
|Earthquake ||$200 excess |
|Malicious Damage and Accidental Damage ||$200 excess |
|Theft by Tenant ||$100 excess |
|Cyclone ||1% of loss or damage |
|All other claims ||$100 excess |
|Loss of Rent ||7 days from when a property becomes untenantable |
* Any settlement payable will be reduced by the amount of the Bond Monies remaining after deduction of allowable expenses. Rent Default (cover when your permanent tenant fails to pay their weekly rent) is subject to a written Lease or Rental Agreement being in place and Bond money to the equivalent of 4 weeks rent collected.
Please refer to the Policy Wording & PDS for full terms & conditions of the cover provided
We advise that should you decide to proceed with this insurance, Quattro Risk Services Pty Ltd (ABN 81 001 766 776, AFSL 225022) will be acting under an authority given to them by Millennium Underwriting Agencies Pty Ltd (ABN 38 079 194 095 AFSL 246721). In this respect only, Quattro Risk Services will be effecting the contract as agent for Millennium Underwriting Agencies Pty Ltd.