Landlord Insurance

PROTECT YOUR INVESTMENT WITH IAL LANDLORD INSURANCE

IAL Landlord Insurance provides cover for investment properties across Australia, safeguarding your property and contents against damage or loss.  Key benefits include; Automatic Flood cover, Liability cover for up to $20,000,000, Accidental breakage of fixed glass, as well as options for; Loss of Rent, Theft/Damage caused by Tenant and Rent Default. 

 

New Multi Risk Landlord Policies now available. Take the hassle out of managing multiple insurance policies for each of your properties. IAL Insurance allows you to combine up to 20 investment properties under the one policy number. Combine this with Pay by the month options for simpler payment processing for no additional cost, and a multi policy discount built in.

 

CHOOSE FROM IAL TWO LEVELS OF LANDLORD INSURANCE

  Accidental Damage Listed Events
 
  Accidental loss or damage
Accidental loss or damage
  Flood
Flood
  Fire and Explosion including Bushfire
Fire and Explosion including Bushfire
  Defined Events including Storm, Earthquake, Lightning, Theft and Burglary, Impact and Escape of Liquid
Defined Events including Storm, Earthquake, Lightning, Theft and Burglary, Impact and Escape of Liquid
  Automatic contents cover when building cover is selected
Automatic contents cover when building cover is selected ✔ Up to $10,000 in addition to any value of contents shown on schedule
  Accidental Breakage including Glass, basins, toilets, shower bases
Accidental Breakage including Glass, basins, toilets, shower bases ✔ Excluding TV's and Monitors or item being cleaned or carried by hand
  Electrical Motor Burnout
Electrical Motor Burnout ✔ Up to 15 years old ✔ Up to 7 years old
  Liability Cover for injury or damage up to $20,000,000
Liability Cover for injury or damage up to $20,000,000
  Strata Title Mortgagee Protection - Pay the amount owed on your mortgage when you are required to pay your mortgage in full following a loss. Will only pay if the body corporate has not insured the Buildings
Strata Title Mortgagee Protection - Pay the amount owed on your mortgage when you are required to pay your mortgage in full following a loss. Will only pay if the body corporate has not insured the Buildings
  Removal of debris and demolition costs - paid in addition to building sum insured
Removal of debris and demolition costs - paid in addition to building sum insured ✔ Up to 15% of building sum insured ✔ Up to 10% of building sum insured
  Architects, surveyors and legal fees - paid in addition to building sum insured
Architects, surveyors and legal fees - paid in addition to building sum insured ✔ Up to 15% of building sum insured ✔ Up to 10% of building sum insured
  Environmental Upgrade following total loss - benefit additional to Building Sum Insured up to $5000
Environmental Upgrade following total loss - benefit additional to Building Sum Insured up to $5000
  Catastrophe cover - paid in addition to the buildings sum insured for a government declared catastrophe
Catastrophe cover - paid in addition to the buildings sum insured for a government declared catastrophe ✔ Up to 15% of building sum insured ✔ Up to 10% of building sum insured
  Loss of Rent (must be taken as an option)
Loss of Rent (must be taken as an option) ✔ Up to 24 months ✔ Up to 12 months
  Rent Default (must be taken as an option)
Rent Default (must be taken as an option) ✔ Up to $12,000 ✔ Up to $8,000
  Theft by a Tenant (must be taken as an option)
Theft by a Tenant (must be taken as an option)
  Death of a sole tenant before end of tenancy period in rental agreement - up to 6 weeks rent
Death of a sole tenant before end of tenancy period in rental agreement - up to 6 weeks rent
  Damage caused to Body Corporate Building by tenant or their visitors or the children of a tenant or visitor or the pets of tenant or visitor
Damage caused to Body Corporate Building by tenant or their visitors or the children of a tenant or visitor or the pets of tenant or visitor ✔ Up to $25,000 ✔ Up to $10,000
  Legal costs incurred to legally evict tenants, recover amounts owed to you by tenants and to recover amounts for items stolen by your tenants or their visitors or their visitors children.
Legal costs incurred to legally evict tenants, recover amounts owed to you by tenants and to recover amounts for items stolen by your tenants or their visitors or their visitors children. ✔ Up to $5,000 ✔ Up to $2,000
  Pay by the month
Pay by the month
  Multi Risk: Cover up to 20 properties under the one Policy Number
Multi Risk: Cover up to 20 properties under the one Policy Number
Terms and conditions apply to all cover types so please review the PDS for full terms and conditions.

PDS Downloads

To obtain an IAL Quote, contact your Steadfast Insurance Broker today!