For lease sign on suburban street

Invest in property and peace of mind.

Contents replacement cover

New for old replacement cover

Covers rent during repairs

CGU will pay up to 12 months of lost rent^

Online application

Talk to one of our Australian-based support staff.

Renting out your property? Safeguard your investment with coverage against vandalism, fire, theft, and more.

Includes

Loss of rent during repairs. If your building or contents are covered and your rental property is unliveable after a covered event, CGU will pay up to 12 months of lost rent ^
Furniture & furnishings. Cover for loss or damage to furniture, furnishings and carpet in your property ¹
Theft & vandalism. Cover for stolen items and damage to or from theft and vandalism, including stolen keys ²
Flood, storm & storm surge. Cover for loss or damage to your home and items caused by flood, rainwater run-off, storm, storm surge and tsunami ³
Fire. Cover for loss and damage caused by fire (including bushfire)
Damage from leaks. Cover for loss or damage to your property caused by liquid leaks⁵ like from a burst pipe or broken heater

^{^}CGU cover either the weekly rent listed on your Certificate of Insurance, or the weekly rent in your rental agreement, whichever is less. A valid rental agreement is required.
¹Under a Landlord ‘Contents’ policy, your furniture and furnishings are covered up to the contents insured amount. Under a Landlord ‘Building’ policy, if your property isn’t under a strata or similar scheme your furniture and furnishings are covered to up to 10% of the buildings insured amount.
²If theft or vandalism by tenant, CGU will deduct from your claim four times the weekly rent amount shown on your rental agreement, in addition to the standard excess. A valid rental agreement is required. No excess is payable for a claim made only under the ‘Replacement of keys and locks’ additional benefit.
³CGU don’t cover actions of the sea, such as tides and waves.
⁴CGU doesn’t cover damage caused by water leaking or escaping from a shower recess or shower base. CGU doesn't cover loss from erosion or other earth movements. CGU doesn't cover the costs to repair or replace the item that the liquid leaked or escaped from.

Excesses may apply. Refer to your Certificate of Insurance. For detailed terms, conditions, limitations, and exclusions, please read the Product Disclosure Statement.

The information on this website is general advice only and does not take into account your individual objectives, financial situation or needs ("your personal circumstances"). Before using this advice to decide whether to purchase a product, you should consider your personal circumstances and the relevant Product Disclosure Statement. The Product Disclosure Statement and Target Market Determinations are available from defencebank.com.au.

Defence Bank Limited ABN 57 087 651 385 ABN, AFSL/Australian Credit Licence 234582 acts under its own AFSL and under an agreement with the issuer Insurance Australia Limited under the CGU brand ABN 11 000 016 722, AFSL 227681.

Prezzee eGift Card Campaign - full terms and conditions.

*Offer only available on new eligible insurance policies purchased between Tuesday 27 May 2025 and up to and including Monday 30 June 2025. Limit one Prezzee Smart eGiftCard (referred to as eGiftCard) per insured risk address per 12 months. Where a joint policy occurs, the main policy holder will be provided with the eGiftCard.

Eligible home insurance policies are:
• Defence Bank Building and Contents Insurance
• Defence Bank Building Insurance
• Defence Bank Contents Insurance
• Defence Bank Landlords Insurance
• Defence Bank Comprehensive Plus, Comprehensive and Comprehensive Basics Car Insurance

Ineligible home insurance policies are:
• Barrack Contents Insurance

All Defence Bank directors, staff and their immediate families are not eligible for this promotion.
Promotion valid for new policies only and is not applicable for policy renewals.
Insurance policies must be current and not in arrears at time of eGiftCard being issued.
To be eligible to receive either a $100 or $200 eGiftCard(s), all policies must be purchased through a Defence Bank branch, the Defence Bank Contact Centre or through the Defence Bank website. The eGiftCard will be issued by Prezzee Pty Ltd ABN 16 602 963 422 on behalf of Defence Bank. By participating in the Offer, you consent to Defence Bank sharing your name and email address with Prezzee Pty Ltd for this purpose.

eGiftCards will be issued three weeks after the 21-day cooling off period and is conditional upon first month’s premium being paid. Where a fortnightly payment method is selected, the first two payments must be successful for eGiftCard to be issued. Where annual method is selected, full payment must be received.

eGiftCards will be emailed to the email address linked to the Members insured property policy.
Defence Bank reserves the right to request a Recipient to provide proof of identity and proof of entry validity. These proofs must be in a form suitable for verification by Defence Bank, determined by Defence Bank in its absolute discretion. In the event that a Recipient cannot provide suitable proof, the Recipient will forfeit the Offer in whole and no substitute will be offered.

eGiftCards have a 36-month expiry date for users to exchange Retailer Gift Cards of their choice. The eGiftCards shall be credited with either $100 or $200 (depending on policy type) which may be exchanged for another or multiple participating Retailer Gift Cards up to the value displayed on the eGiftCard available through the Prezzee Service website. There are no fees associated with the eGiftCard. Once the new Retailer Gift Card(s) has been selected new expiry dates will be set and terms and conditions apply to the specific Retailer Gift Cards chosen. eGiftCards are not redeemable for cash and no refunds will be provided for eGiftCards (except as required by law). Use of the eGiftCards is governed by their terms and conditions of use, available at https://www.prezzee.com.au/policies/terms-of-sale/.

Defence Bank reserves the right to cancel, suspend or modify the promotion at any point in time.

You can make a claim by calling 13 24 80.

You will need to have a different policy for each property so we can ensure they are properly covered for their individual circumstances.
Find out more.

For a full list of what is covered under Landlord Insurance, you can refer to the Product Disclosure Statement.