As a landlord, your rental property is a significant investment. QBANK Membercare Landlords Insurance provides cover for the cost of repair or replacement of your property and/or contents for things like storm, fire, flood, theft and more.
The more secure your property is - through deadlocks, window locks, and either local or monitored alarms – the less you may have to pay.
Once you have an insurance policy with us, we’ll give you a discount on each additional policy
Your excess is the initial amount you may have to contribute towards the cost of a claim. We offer options of $100, $250, $300, $400, $500, $750, $1,000, $2,500, $5,000, $7,500 and $10,000. The higher the excess you choose, the lower the premium you’ll pay.
The convenience of having landlord’s insurance under the same roof as your day-to-day banking isn’t the only way we make life easier. From making your application to making a claim, QBANK ensures things are as straightforward as possible. You can apply online, by phone, or at any branch. Flexible payment options include fortnightly, monthly, or annual direct debit or credit card payments (excluding Diners Club).
If you do need to make a claim, we won’t make you wade through paperwork. Your claim can be made through a 24-hour emergency claims number, and in most cases, you’ll only need to provide details over the phone.
What’s covered depends on your specific policy and the type of cover you have chosen. Read the relevant Product Disclosure Statement (PDS) for full details including limits, exclusions and conditions that apply.
|Legal Liability||$30 million|
|Building sum insured safeguard benefit||Up to 30% more than your building sum insured|
|Burning out of electrical motors up to 10 years old (fusion cover)||$2,000|
|Cover for loss of rent should your tenants be unable to live in the home as a result of damage caused by an insured defined event||Up to 12 months or 10% of the sum insured|
|Essential temporary repairs||Reasonable costs|
|Cover for rent default||x - Optional extra NOT AVAILABLE AT THIS TIME|
|Cover for theft and/or vandalism by tenants||✓ - Optional extra|
This Landlords Insurance is issued and underwritten by QBE Insurance (Australia) Limited (ABN 78 003 191 035, AFSL 239545) (QBE). QPCU Limited T/A QBANK ABN 79 087 651 036 – AFSL / Australian Credit Licence 241413 is authorised to distribute Landlords Insurance on behalf of QBE acting under its own AFSL. Any advice provided is general only and has been prepared without taking into account your objectives, financial situation or needs and may not be right for you. To decide if this product is right for you, please read the Landlords Insurance Product Disclosure Statement (PDS) and Financial Services Guide (FSG).