Rent Cover and Household Expenses Cover

This is a monthly disability benefit, designed for people who don’t have a mortgage but still have fixed household expenses that need to be protected in case of being unable to work due to illness or injury.

The benefit at claim time is the average monthly expenses for the three months preceding disability.
Couples living together and sharing expenses are able to each insure themselves for their full monthly household expenses. In such a case, should both be disabled simultaneously each person would be paid a benefit.

Allowable expenses are things like:
Rent, electricity, gas, water, phone, rates, body corporate fees, house, car and contents insurance, hire purchase or other personal loans, private school fees, television and internet costs.

Please see policy wordings for full conditions.