Insurance for landlords

Please note that if you click “Get a quote” or “Retrieve an existing quote”, you will be re-directed from NAB’s website to a NAB-branded website operated and controlled by Allianz Australia Insurance Limited. By clicking you acknowledge that NAB does not accept responsibility for the operation of the Allianz website.

 

No claim bonus*+

Optional rent default protection

Pay by the month at no extra cost#

Offers

Terms and Conditions for this Offer.

Allianz Australia Insurance Limited (ABN 15 000 122 850 AFSL 23 4708) (“Allianz”) is the insurer and issuer of NAB Home, NAB Home Essentials, NAB Residential Investor and NAB Car Insurance. 12 months roadside assistance and Emergency Home Assistance is offered by Allianz and provided by AGA Assistance Australia Pty Ltd (ABN 52 097 227 117) trading as Allianz Global Assistance. Check out www.nab.com.au/personal/insurance/general-insurance/car-insurance and www.nab.com.au/eha for the full terms and conditions.

These insurance policies have been branded ‘NAB’ by National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (“NAB”). This insurance is arranged by National Australia Financial Management Limited (ABN 56 000 176 116 AFSL 230699) (“NAFM”), a member of the NAB Group of companies, as an agent for Allianz, and not as your agent. NAFM receives commission from Allianz for arranging these insurances that is a percentage of the premium.

Neither NAB, nor any of its related bodies corporate, accepts liability or guarantees payment of any claim or benefit in respect of the insurance policies, and a policy does not represent a deposit with, or a liability of and is not guaranteed by either NAB or any of its related bodies corporate.  Any advice is general only and does not take into account your particular financial situation or needs. You should consider whether these insurance products are suitable for your circumstances and consider the Policy Document (Product Disclosure Statement) (‘PDS’) for the relevant insurance product, available from your NAB Banker, by calling 13 29 28 or at nab.com.au before making any decision to acquire or hold the product. Information about insurance coverage is a summary only and you should read the PDS for full terms, conditions, limits and exclusions.

1 Information about discounts

1Any discounts are applied to the standard premium rates (excluding optional covers), are subject to rounding and are for the first year’s premium only (unless stated otherwise). Because minimum premiums may apply, any discounts/entitlements only apply to the extent any minimum premium is not reached. If you are eligible for more than one discount, each of them are applied in a predetermined order to the premium (excluding taxes and government charges) as reduced by any prior applied discounts/entitlements.

Home and Landlord Insurance: 1Policies taken out between 20 April and 6 June 2015 are eligible for a campaign discount of up to 25% for the first year only. Discounts may not apply to flood premium.

Benefits

Terms, conditions and exclusions apply. You should consider whether this insurance product is suitable for your circumstances and consider the relevant Policy Document (Product Disclosure Statement) (‘PDS’) for NAB Residential Investor Insurance (PDF, 818KB)

This information about insurance coverage is a summary only. You should consider whether this insurance product is suitable for your circumstances and consider the Policy Document (Product Disclosure Statement) (‘PDS’) for NAB Residential Investor Insurance (PDF, 818KB)

What's covered

What cover will you get?

Building Contents

Key benefits

Accidental breakage of glass

Yes Yes

Earthquake

Yes Yes

Explosion

Yes Yes

Fire or smoke

Yes Yes

Flood cover1

Yes Yes

Impact damage

Yes Yes

Lightning or thunderbolt

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

Automatic indexation of sums insured

Yes Yes

Contents in open air at the risk address

Yes Yes

Continuation of cover when you are selling your buildings

Yes Yes

Fusion

Yes Yes

Landlord contents

Yes Yes

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

Yes Yes

Mortgage discharge costs

Yes Yes

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 Yes

Replacement of locks or cylinders

Yes Yes

Rainwater tanks and solar water heater

Yes Yes

Optional additional covers

Rent default and theft by tenant

Strata title mortgage protection2

Landlord Workers’ Compensation3

How to claim

Quote online
It's easy, secure and only takes 2 minutes

Get quote

Call 13 29 28
8am-9pm, or 9am-5pm Sat (AEST/AEDT)

Visit a branch
Find your local branch

Locate us

Please note that if you click “Get a quote”, you will be re-directed from NAB’s website to a NAB-branded website operated and controlled by Allianz Australia Insurance Limited. By clicking you acknowledge that NAB does not accept responsibility for the operation of the Allianz website.

Important information

Allianz Australia Insurance Limited (ABN 15 000 122 850 AFSL 234708) ('Allianz') is the issuer and underwriter of NAB Home Insurance, NAB Home Insurance Essentials, NAB Residential Investor Insurance and NAB Car Insurance ("NAB Insurances")..

NAB Insurances are arranged by National Australia Financial Management Limited (ABN 56 000 176 116 AFSL 230699) ('NAFM'), a member of the National Australia Bank Group of companies, as an agent for Allianz, and not as your agent. NAFM receives commission ranging from 10% to 25% of base premium, calculated and paid monthly for arranging these insurances. Neither National Australia Bank Limited (ABN 12 004 044 937), nor any of its related bodies corporate (including NAFM), accepts liability or guarantees payment of any claim or benefit in respect of NAB Insurances.

Terms, conditions, limits and exclusions apply. Any advice contained on this website has been prepared without taking into account your particular objectives, financial situation or needs. Before making a decision regarding the acquisition or disposal of a financial product, you should assess whether the advice is appropriate to your circumstances. You may wish to make this assessment yourself or seek the help of an adviser. No responsibility is taken should you act on the information provided. Should you do so, you do so at your own risk.

Information on this website about the coverage offered by this product is a summary only. Please read the Policy Document (Product Disclosure Statement) ('PDS') for full details of policy coverager NAB Residential Investor Insurance (PDF 818KB). Insurance cover is subject to eligibility.

* Minimum premiums may apply. Any discounts/entitlements may be subject to rounding and only apply to the extent any minimum premium is not reached. If you are eligible for more than one, we also apply each of them in a predetermined order to the premium (excluding taxes and government charges) as reduced by any prior applied discounts/entitlements. Discounts may not be applied to any flood component of the premium (if applicable). Any online discounts offered are applied to our standard rates excluding optional covers‎. Any online discounts offered are applied to our standard rates (excluding optional covers) and are for the first years premium only (unless stated otherwise).

+ To qualify for the maximum No Claim Bonus of 30%, landlords must have had no landlord losses in the preceding three years. However, landlords who have had up to two claims may still qualify for reduced No Claim Bonus.

^ If optional cover of Rent Default and Theft by Tenant are selected.

# Premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding and financial institution transaction fees may apply.

~Excess choice not available where an excess higher than the standard excess has been imposed.

1 Flood Cover is available for all eligible property addresses. Flood Cover is an option on both Building and Contents in home and landlords insurance policies. The cover is designed to protect customers against damage to their building and/or contents in the event of a Flood up to the value of their sum insured. Flood cover is subject to eligibility.

2 This cover only applies if the building is part of a strata title development.

3 Landlord Workers’ Compensation is only available in ACT, TAS and WA.

^^Offer valid with new NAB home and landlord insurance policies from 23/02/2015 to 23/02/2016 Inclusive. Emergency Home Assistance is offered by Allianz and provided by AGA Assistance Australia Pty Ltd (ABN 52 097 227 117) trading as Allianz Global Assistance. For more information, check out the EHA Program Terms and Conditions (PDF, 47KB).