A discount of up to 10% applies when you combine Building and Contents cover under a single policy. This discount does not apply to the premium for Flood or optional Rent Default and Theft by Tenant cover and Landlord Workers' Compensation if available and selected.

Minimum premiums may apply

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 of these discounts. Discounts do not apply to taxes or government charges. Discounts may not apply to optional covers selected. Any discounts or entitlements may be subject to rounding. Most discounts won't apply below the minimum amount payable for the policy.

Building settlement cover is available if you enter into a 12-month Home or Landlord insurance policy with Buildings Cover (12-month policy) provided by Allianz in connection with the purchase of a residential property. It is not available for land-only ownership or Strata Title properties. Cover is subject to normal underwriting terms and is offered subject to your eligibility for Home or Landlord Insurance. It provides cover for your building from the date Allianz agrees to enter into the 12-month policy with you and expires on the date of settlement of your residential property as nominated by you. This period cannot exceed 90 days and will be shown as the Building settlement cover period on your schedule.

Building settlement cover is provided on the same terms, conditions, limits and exclusions of your Home or Landlord insurance policy (which are set out in the Buildings cover section of the Product Disclosure Statement (PDS), and any Supplementary PDS provided and your policy schedule) during the Building settlement cover period shown on your schedule. Neither Contents cover nor any of the optional covers apply during the Building settlement cover period shown on your schedule. However, if they are shown as covered on your schedule, they will apply from the effective date of your 12-month policy shown on your schedule. The 12-month policy will commence immediately following the expiry of the Building settlement cover period shown on your schedule. Once the policy is purchased, the expiry date of your Building settlement cover and the commencement date of your 12-month policy cannot be changed unless agreed to by Allianz in writing (acting reasonably).

You must consider whether you need insurance for your settlement period as this varies from state to state and may also depend on the terms of your contract for sale of property and, if so, whether the Building settlement cover meets your needs. It does not provide cover for contents, which includes curtains, carpets, and blinds. See the relevant PDS for items that Allianz classify as contents. The PDS can be obtained by calling 1300 554 002 or visiting banksa.com.au/insurance. You should consider whether you require cover for your contents during this period which is not available under Building settlement cover. Please seek independent advice to ensure that you are adequately covered at the appropriate time.

A discount of up to 10% applies when you combine Building and Contents cover under a single policy. This discount does not apply to the premium for Flood or optional Rent Default and Theft by Tenant cover.

Minimum premiums may apply

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 of these discounts. Discounts do not apply to taxes or government charges. Discounts may not apply to optional covers selected. Any discounts or entitlements may be subject to rounding. Most discounts won't apply below the minimum amount payable for the policy.

A discount of up to 10% applies when you combine Building and Contents cover under a single policy. This discount does not apply to the premium for Flood or optional Rent Default and Theft by Tenant cover and Landlord Workers' Compensation if available and selected.

Minimum premiums may apply

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 of these discounts. Discounts do not apply to taxes or government charges. Discounts may not apply to optional covers selected. Any discounts or entitlements may be subject to rounding. Most discounts won't apply below the minimum amount payable for the policy.