Products

St Andrew’s is able to offer a full range of insurance products. The information provided is a brief outline of the major features of our products and is designed to be used as a quick and easy reference source. It must not be regarded as a substitute for reading the relevant Product Disclosure Statement (PDS), which are available through our corporate partners.

Product offerings include:

General Insurance

St Andrew’s can arrange to provide corporate clients with a general insurance product range, underwritten and issued by our bancassurance partner Vero Insurance Limited. The product range consisting of Home and Contents, Motor and Travel is considered market leading. These products are regularly reviewed to ensure the benefits provided and premiums charged are market competitive. The key product features include:

Home Insurance
The Secure Home Extra Insurance policy offers cover for insured events. Under this policy, customers can choose Home Building cover, Home Contents cover or both. Optional cover can be provided under Home Contents for personal valuables and either Home Contents or Home Building for Domestic Workers Compensation. In addition the policy offers customers the following benefits:

Cover for insured events such as cover for flood, storm and fire up to the sum insured.
Legal liability cover up to $20 million.
Temporary accommodation should the house be unlivable due to one of the insured events.
Variable excess options providing the customer with increased choice.
A multi-risk discount that provides customers with a discount of 5% when they insure both their home and contents under the one contract.
An over 55 and no longer working fulltime discount of 20% off their home and contents insurance.
Automatic accidental glass breakage and electrical motor burnout cover for both Home and Building cover.
Additional cover when Home Building cover chosen, including building fees and related costs, legal costs for mortgage discharge, replacement of title deeds, landlord’s furnishings.
Additional cover when Home Contents cover chosen, including spoilage of food, replacement of external locks, visitor’s contents, fraudulent use of financial transaction cards, veterinary expenses and contents away from site for up to 90 days.

Landlord Insurance
The Secure Landlord Insurance policy offers cover to landlords and those who rent out their property. Under this policy, customers can choose Property or Contents cover or both. Benefits include:

Cover for insured events including cover for flood, up to the sum insured.
Cover for malicious damage and theft by tenant.
Automatic Electrical Motor Burnout and Accidental Glass breakage cover
New for old replacement for contents up to 20 years old.
$20 million legal liability cover.

Additional benefits include:

When property cover is chosen, building fees and related costs
Landlord’s furnishings
Title Deeds which have been lost or destroyed

Optional benefits include:

Optional covers for Loss of Rent due to an Insured Event or loss of rent due to tenant default – the Insured may choose one or both options.

Motor Insurance
The Secure Motor Plus Insurance policy offers a choice of Comprehensive, Third Party Property Damage or Third Party Property Damage with Fire and Theft cover. All three options also include death or bodily injury cover caused to a third party where compulsory third party (CTP) does not provide the cover. Depending on the cover selected the benefits can include:

Choice of market or agreed value cover for Comprehensive cover.
Choice of repairer (one quote) and lifetime guarantee for repairs
Variable excess options providing the customer with increased choice.
Hire vehicle following a theft or not at fault accident.
Limited cover for personal belongings in vehicle
New vehicle replacement if a total loss occurs within 2 years of original registration date (conditions apply)
Up to $1,000 to replace vehicle keys or have vehicle locks recoded if vehicle keys stolen.
Where the vehicle is a total loss and valued at less than the finance owing, up to 50% of the difference
Towing costs and help to get you home after an accident.

Travel Insurance
The Secure Travel Insurance policy offers two levels of cover, Holiday Travellers or Business and Frequent Travellers with the option for either single or family cover. In addition these products offer customers the following benefits:

Secure Holiday Travel Insurance includes the following benefits:

Unlimited cancelled travel and accommodation expenses
Unlimited overseas medical and dental expenses
Additional travel and accommodation expenses
Cover for loss of or damage to personal baggage & personal effects
Accidental death cover ($25,000 for Single policy/$50,000 for Family policy)
Cover for personal liability up to $5 million
Reimbursement of excess paid on hire car insurance claim (maximum of $2,000 for Single policy/$4,000 for Family policy, for all claims.)

The Secure Business Travel Insurance is an annual policy that allows unlimited trips per year, with a maximum of 90 days per trip. It includes the same benefits as the Holiday Travel policy above, but with some higher limits and the following additional benefits:

Reimbursement of your lost income, following an injury ($10,000 for Single Policy/$50,000 for Family Policy)
Additional travel and accommodation expenses of a business associate to replace you following an illness or injury

Please refer your clients to the Product Disclosure Statement (PDS) and Policy Wording for the terms and conditions of each General Insurance product. A PDS is available for each of these products and can be obtained from www.vero.com.au.. Your client should consider the PDS before deciding whether to purchase or hold any of these products.

General insurance products are issued by Vero Insurance Limited ABN 48 005 297 807 AFSL 230859. Please refer your clients to the Product Disclosure Statement (PDS) and Policy Wording for the terms and conditions of each general insurance product. A PDS is available for each of these products and can be obtained from www.vero.com.au.