General Insurance
We make it easy for you to protect your assets and your family with convenient access to a variety of competitively-priced personal insurance options with the choice of monthly or fortnightly repayments at no extra cost*.
Term life cover and Consumer Credit Insurance are available for added peace of mind.
Home & Property Insurance
Building Insurance
bcu understands that your home is your most precious asset, which is why we offer the competitively-priced protection of Allianz Home Insurance with a wide range of flexible features & benefits to suit your needs.
Contents Insurance
Allianz Contents Insurance can give you the peace of mind of knowing your valuable possessions are covered for loss or damage caused by a broad range of unexpected events. Options include flood protection and cover for portable items when you take them with you away from home.
Landlords Insurance
With Allianz Landlords Insurance, bcu can provide cover for your investment property as well as content insurance. Additional options include flood protection and Rent Default and Theft by Tenant cover.
Car & Vehicle Insurance
Comprehensive Motor Insurance
Allianz Comprehensive Motor Insurance will cover your car and Third Party Property Damage. It includes a range of benefits including: choice of repairer, towing, personal effects, rental car following theft & more.
Third Party Property Damage Insurance
Allianz Third Party Property Damage Insurance will protect you against loss or damage you cause to other people’s property when you are at fault in a vehicle accident.
Third Party Property Damage, Fire & Theft Insurance
bcu can arrange Third Party Damage, Fire & Theft insurance. This will cover your vehicle against fire or theft and if you cause accidental loss or damage to other people's property which is your fault.
Caravan/Trailer Insurance
Allianz Caravan & Trailer Insurance provides comprehensive cover for your home away from home. So if you enjoy those long weekends discovering Australia or are planning an extended trip, we’ve got you covered.
Boat Insurance
You can truly relax aboard your power or sailing boat with the peace of mind Club Marine Pleasurecraft protection offers.
Life & Travel Insurance
Travel Insurance
Whether you are travelling with family and friends or heading out on your own adventure, Allianz offers a comprehensive range of options to suit your needs. Enjoy your adventure with that added peace of mind.
Life Insurance
bcu’s Life Insurance underwritten by Zurich can provide you cover for life’s challenges. Choose Life cover and select additional options including Critical Illness cover and Permanently Unable to Work cover.
Loan Protection Insurance
Loan Protection Insurance is designed to help with your loan repayments in the event an unforeseen event occurs, such as your death, disability or involuntary unemployment. There are two types of insurance to choose from based on your loan:
Loan Cover Insurance
Cover for your personal loan repayments up to the policy limits. Depending on the cover you apply for, key features include:
- Cover for 24 hours a day; 7 days a week
- A death benefit of up to $80,000
- A monthly disability benefit
- Involuntary unemployment benefit:
- for up to 120 days per claim; or
- up to $10,000 for any one policy period, whichever occurs first.
Five Year Mortgage Repayment Insurance
Cover for your home loan repayments up to the policy limits. Depending on the cover you apply for, key features include:
- Cover for 24 hours a day; 7 days a week
- A death benefit of up to $750,000
- A monthly disability benefit for up to 24 months
- Involuntary unemployment benefit:
- up to a maximum of $3,000 per month for up to 120 days per claim; or
- up to a maximum of $10,000 in any one policy period, whichever occurs first.
Important Information
bcu insurance is provided by Allianz Australia Insurance Limited (Allianz) ABN 15 000 122 850 AFSL No. 234708. Marine insurance is issued by Club Marine ABN 12 007 588 347 AFSL No 236916) as agent for Allianz. Travel Insurance is issued and managed by AGA Assistance Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 trading as Allianz Global Assistance for the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708. bcu may also refer members to licensed Brokers for Life Insurance, Commercial, Rural and Income Protection Insurance. Policy terms, conditions, limits and exclusions apply. We do not provide any advice based on any consideration of your objectives, financial situations or needs. Before making a decision about insurance, please consider the Product Disclosure Statement available from Bananacoast Community Credit Union Ltd. If you purchase insurance Bananacoast Community Credit Union Ltd receive commission which is a percentage of premium. Ask us for more information before we provide you with services.
*Premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding and financial institution transaction fees may apply.
To review the Key Facts Sheets available for our home building and/or contents cover click here. To review the Key Facts Sheets available for our landlord building and/or contents cover click here.
Ezicover Insurance products are issued by Zurich Australia Limited (Zurich) ABN 92 000 010 195 AFSL 232510 of 5 Blue Street, North Sydney, NSW 2060. Zurich has prepared the information on this website about Ezicover and bcu is simply passing the information onto you. This information is of a general nature only and does not take in to account your objectives, financial situation or needs. You should consider these factors and the relevant product disclosure statement (PDS), available at www.bcu.com.au/ezicover-insurance, which contains details of conditions, limits and exclusions of cover, before making a decision regarding the product. bcu does not recommend, endorse or advise you about this insurance. They can only refer you to Zurich. If you buy an Ezicover policy, bcu will receive a referral commission from Zurich of 20% (plus GST) of your insurance premium. This amount is paid by Zurich and is not an additional cost to you. SWAS-009007-2014.
Loan Protection Insurance
Read our Loan Cover Insurance Product Disclosure Statement, Five-Year Mortgage Repayment Insurance Product Disclosure Statement for more detailed information.
It is important that you understand that this insurance is optional and you can only purchase this insurance if you have a loan.
Please note you are entitled to a 30-day cooling off period should you change your mind about this insurance once you have purchased.
How to claim
You can make a claim by calling us on 1300 362 108 between 8.30am - 5.30pm Monday to Friday, Australian Eastern Standard Time excluding public holidays.
Disclaimers
Bananacoast Community Credit Union Ltd ABN 50 087 649 750 AFSL 241077 arranges this insurance as agent of the insurer Allianz Australia Insurance Limited (“Allianz”) ABN 15 000 122 850 AFSL 234708. Allianz is the insurer of the Disability cover (Part 2) and Involuntary Unemployment cover (Part 3) and is only responsible for these covers. Allianz Australia Life Insurance Limited (“Allianz Life”) ABN 27 076 033 782 AFSL 296559 is the insurer of the Death cover (Part 1) and is only responsible for this cover. Allianz acts as Allianz Life’s agent in offering and administering the Death cover.
We do not provide advice on this insurance based on any consideration of your objectives, financial position or need. Policy terms, conditions, limits, exclusion, eligibility criteria and underwriting criteria apply. Before making a decision please consider the relevant Product Disclosure Statement available on our website. If you purchase this insurance, we receive a commission that is a percentage of the premium. Ask us for more details before we provide you with services. Where insurance premium is paid as part of a loan payment, interest will be payable on that premium.