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Personal Finance > Insurance > Car, home and landlords insurance > Residential Investor Insurance - Landlords Insurance > Residential Investor Insurance Benefits

NAB Residential Investor Insurance Benefits

what can you be covered for?

The table below shows all the main features of NAB Residential Investor Insurance*.

Insured events  

Buildings

Contents

Accidental breakage of glass

yes

yes

Earthquake

yes

yes

Explosion

yes

yes

Fire or smoke

yes

yes

Impact damage

yes

yes

Lightning or thunderbolt

yes

yes

Malicious acts

yes

yes

Riot or civil commotion

yes

yes

Storm, rainwater or run-off

yes

yes

Theft, burglary or housebreaking

yes

yes

Tsunami

yes

yes

Water or other liquid damage

yes

yes

Other benefits

Buildings

Contents

Automatic indexation of sums insured

yes

yes

Contents in open air at the risk address

no

yes

Continuation of cover when you are selling your buildings

yes

no

Fusion

yes

yes

Landlord contents

yes

no

Legal liability - cover for injury to other people or their property

yes

no

Mortgage discharge costs

yes

no

Reinstatement of sum insured after a loss

yes

yes

Removal of debris, professional rebuilding fees and extra costs of complying with building regulations

yes

yes

Rental costs after an insured event

yes

no

Replacement of locks or cylinders

yes

yes

Rainwater tanks and solar water heater

yes

no

Optional additional covers
Rent default and theft by tenant
Strata title mortgage protection**
Landlord Workers’ Compensation***

* These features are subject to terms, conditions and exclusions.  Please refer to the relevant PDS for details of the cover provided for each feature.
** This cover only applies if the building is part of a strata title development.
*** Landlord Workers’ Compensation is only available in ACT, TAS and WA.

Important information

Information about insurance coverage is a summary only. Please refer to the Policy Document (Product Disclosure Statement) for full terms and conditions of cover.

This insurance is issued by Allianz Australia Insurance Limited (Allianz) and is arranged by National Australia Financial Management Limited, as agent for Allianz. Neither NAB, or any other member of the National group of companies, guarantees or accepts liability in respect of this insurance.

Please click here for more important disclaimers and legal information.