What insurance company does Westpac use?
What insurance company does Westpac use?
Westpac Home, Contents, Vehicle and Boat insurance cover is arranged by Westpac New Zealand Limited (“Westpac”) and underwritten by IAG New Zealand Limited (“IAG”).
Who is the underwriter for Westpac insurance?
Allianz Australia Insurance Limited
Westpac Home and Contents Insurance is issued by Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz). Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714 (the Bank) arranges the insurance under a distribution agreement with Allianz Insurance but does not guarantee the insurance.
Is it worth getting home contents insurance?
It is a good idea to take out home contents insurance to cover your possessions against fire, theft and other risks, such as accidental damage. If something happens to destroy or damage your possessions, it can cost a lot of money to replace them items, some of which may be essential.
How do I claim home content insurance?
How to make a home insurance claim
- Call the police.
- Ring your insurer.
- Keep bill receipts, documentation and take photos as evidence.
- If repairs aren’t urgent, get the insurer to approve the work.
What does house and contents insurance cover?
Home and contents insurance covers your house and other structures on your property as well as your belongings for loss or damage due to events like fire, theft and storms. Home insurance covers your house and other structures on your property, including your garden shed, fences, and in-ground swimming pool.
What is Westpac crisis cover?
Crisis Cover can help you to get life back on track if you suffer a specified critical illness or injury. It could pay a lump sum, which reduces the sum insured on your Death/Terminal Illness Benefit.
Does Westpac home insurance cover earthquakes?
An additional imposed excess amount of $250 applies for each claim for loss or damage caused by an earthquake or tsunami, or a series of earthquakes or tsunamis, during any period of 48 consecutive hours.
How do I contact Westpac?
2 9293 9270Westpac / Customer service
Do I really need content insurance?
Contents insurance is something both homeowners and renters may want to consider. According to MoneySmart, this protects the things you value in your home, specifically “household items and personal belongings if they’re damaged, lost or stolen”. So that’s theft, flood, fire, impact damage.
What is covered in home contents insurance?
Contents insurance covers the financial cost of repairing or replacing your household personal possessions and furnishings, such as curtains, furniture, white goods, stereo, TV, computers and other electrical appliances, clothing, jewellery, sporting equipment and even toys.
What happens when you make a claim on contents insurance?
Depending on the type of loss or damage the claim will either result in you receiving the money to cover replacing or repairing the lost or damaged items, or the money to cover the cost of repairing the damage. Or in some cases, the insurer may pay the suppliers directly.
Who is the underwriter of WestPac home insurance?
Westpac Home, Contents, Vehicle and Boat insurance cover is arranged by Westpac New Zealand Limited (“Westpac”) and underwritten by IAG New Zealand Limited (“IAG”). None of Westpac Banking Corporation ABN 33 007 457 141, Westpac, or any member of the Westpac group of companies guarantee the obligations of, or any products issued by IAG.
What is included in WestPac’s comprehensive home cover policy?
According to Westpac, its comprehensive home cover policy offers customers the sum insured for accidental damage and, if you have a Westpac home loan, up to $1500/month (for three months) to cover payments. What’s on offer with Westpac’s contents insurance? Westpac has two choices for contents insurance, Full Cover or Renter’s Cover.
Can I Change my contents sum insured with Westpac?
The Contents Sum Insured calculator is an independent tool. Neither Westpac nor IAG have access to the information you enter, or access to the estimate that it produces, so if you’d like to change your contents sum insured, or add additional cover for special items, simply call us on 0800 809 378. We’re here to help.
How much does Westpac pay for temporary accommodation?
Westpac Home Cover Insurance provides for temporary accommodation up to 12 months to a maximum of $25,000. Will insurance pay for temporary accommodation? Yes, most insurance policies provide cover for temporary accommodation up to a set time period or maximum value.