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Landlord Insurance

Protect your investment property and landlord’s contents from insured events such as theft, fire, storm and malicious damage.

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To help you decide the cover you need, here's a brief outline of the difference between Buildings and Contents cover:

Landlord Buildings

Blue tick

Designed to cover the physical structures that make up your property, like the house itself, garage, sheds, permanently installed swimming pools and decks. Generally for customers who own a freehold home – like a house, townhouse, terrace or semi-detached dwelling.

Landlord Contents

Blue tick

Designed to cover items at your property – from furniture, removable domestic appliances and white goods which belong to you as the landlord and that you have provided for the use of your tenant. It also covers your carpets and window furnishings.

The better you understand your policy, the easier it will be if you ever have to claim.

Here is a limited summary of the benefits of a landlord insurance policy. For full details, of the terms, conditions, limits and exclusions that apply please read the Product Disclosure Statement (PDS), any applicable supplementary PDS and Landlord Buildings and Landlord Contents Key Fact Sheets (KFS) before making a decision to purchase the insurance

Select the cover to suit your needs.

Effective date 18 November 2019

Landlord Insurance

Cover for the unexpected Allianz offers protection for your investment property for out of the ordinary but devastating events such as fire, storm and burglary.
Legal liability Allianz will cover your legal liability up to $20 million for payment of compensation relating to death, bodily injury or illness, and/or physical loss of or damage to property.
Making your buildings environmentally friendly If your buildings are totally destroyed and need to be rebuilt, in addition to your buildings sum insured, Allianz will pay up to $5,000 to help you make the new buildings more environmentally friendly.
Landlord contents In the event you require repair or replacement of your contents you own and provide for your tenant’s use. If you select buildings cover, Allianz will pay up to $10,000. Alternatively, if you select contents cover, Allianz will pay, up to the sum insured.
Rental costs after an insured event If your buildings are damaged by an insured event and can’t be lived in by your tenant, or, Allianz agree access to or the use of your buildings was not possible Allianz will pay for your loss of rent on the buildings for up to 12 months.
Rebuilding and professional fees If you need to rebuild your buildings after total loss or damage, Allianz will help pay the reasonable costs of architects, engineers, surveyors and solicitors up to $5,000.
Debris removal Allianz will pay up to 10% of the building and/or contents sum insured for removing debris from your insured address if your buildings are damaged or destroyed by an insured event.
24/7 emergency claims assistance When you need to make a claim Allianz are there for you with a 24 hour claims line, helping you get back on track again as soon as possible.
Contents in the open air at the insured address Allianz will cover contents in the open air (that you own and that you have provided for your tenants use) which have been lost or damaged by an insured event covered by your policy, up to a maximum amount of $200.

Add any of these optional covers for an additional premium and greater cover.

Optional Cover - Landlord workers' compensation cover Cover for the compensation amount you are liable to pay if you employ a domestic worker and they are injured while working for you at the insured address. Only available in ACT, WA and TAS
Optional Cover - Rent default & theft by tenant
  • Option to be covered for loss of rent due to specified rental defaults, up to $10,000 in total.
  • Cover for loss or damage to your insured buildings or contents caused by theft, burglary or housebreaking committed by your tenant or invitees of your tenant.
Optional Cover - Flood cover Flood cover may be available as an optional cover to your buildings and/or contents. A 72 hour exclusion period applies.

If you purchased home or landlord insurance before 18 November 2019, please refer to the relevant Product Disclosure Statements, Allianz Landlord Insurance and any applicable supplementary PDS and Buildings or Contents Key Fact Sheet/s.

Policy Documents and Key Fact Sheets

We do not provide advice based on any consideration of your objectives, financial situation or needs. Terms, conditions, limits and exclusions apply. Before making a decision please refer to the relevant Landlord Product Disclosure Statement (PDS) any applicable supplementary PDS and Landlord Buildings or Landlord Contents key fact sheet/s also available for reference.

24/7 emergency claims assistance

When you need to make a claim Allianz are there for you with a 24 hour claims line, helping you get back on track again as soon as possible.

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Important things you should know


Disclaimers & Conditions of Use

    bcu a division of Police & Nurses Limited ABN 69 087 651 876 AFSL 240701 arranges this insurance as agent for the insurer Allianz Australia Insurance Limited (Allianz) ABN 15 000 122 850 AFS Licence No. 234708. We do not provide advice based on any consideration of your objectives, financial situation or needs. Terms, conditions, limits and exclusions apply. Before making a decision please consider the Product Disclosure Statement available here. If you purchase this insurance, we will receive a commission that is a percentage of the premium. Ask us for more details before we provide you with any services.

    1. Online discount

      A premium discount of up to 10% is applied to your first years premium when you buy a new Landlord insurance policy online including to optional covers if selected; Rent default and Flood. This discount is not applied on renewal.

    2. NCB

      When you take out a new policy, we calculate your No Claims Bonus based on your home or landlords (as applicable) insurance claims history. To qualify for the maximum No Claim Bonus of 30%, home insurance customers must have had no Building or Contents insurance claims in the preceding five years. Landlord customers must have had no Landlord insurance claims in the preceding 3 years. However, customers who have had claims may still qualify for a reduced No Claim Bonus.

    3. Minimum premiums

      If you are eligible for more than one discount, Allianz applies them in a predetermined order. This means any subsequent discount will be applied to the reduced premium amount after applying any prior discounts and the effect of the subsequent discount will be reduced. For example, the aggregate effect of applying two 10% discounts consecutively means that you will not see the full benefit of both these discounts.

      Discounts do not apply to taxes or government charges.

      Discounts do not apply to optional covers for Domestic Workers Compensation / Landlord Workers Compensation, and may not apply to other optional covers (if available and selected).

      Any discounts/entitlements may be subject to rounding and may only apply to the extent that any minimum premium is not reached.

    4. Excess reduction

      Not available when an additional compulsory excess or imposed excess applies. Minimum Premiums apply.

    5. Instalment premiums

      If you choose to pay your premium by instalments you do not pay us any more than if you pay your premium in one lump sum annually. The premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding. Note:

      Your financial institution may apply transaction fees to instalment payments.