Sometimes we’re the not-so-lucky country.

Our range of insurance policies takes into account the lifestyle of those in the Defence community. So whether you’re moving house, travelling, or find yourself living in unfamiliar environments, you can count on us to give you all the information to choose the insurance option that best suits your needs.

Motor vehicle insurance.

Enjoy the freedom and convenience of what we call ‘wheels without worry’. Our vehicle insurance policies provided through CGU feature different options to suit your budget.

Home and contents insurance.

Provides cover for loss or damage to your buildings or contents as a result of incidents such as theft, fire, vandalism and others. Combine your home and contents insurance under one policy or have them separate, the choice is yours.

Landlord insurance.

Landlord insurance can help give you peace of mind for a range of incidents like fire, flood, vandalism* and theft.

Barrack Room contents insurance.

Defence Bank has a contents insurance policy suitable for ADF members who live on base. Providing cover for a range of incidents like theft, fire, burglary or break in and vandalism.

Covermore Travel Insurance.

Defence Bank, through its relationship with CGU Insurance, has partnered with Cover-More to help our members access travel insurance.

Health insurance.

Defence Bank and Navy Health have formed a partnership to assist with your health and banking needs. Both organisations are committed to offering our members greater value and service through the sharing of knowledge.

Not a member? Join Defence Bank now.
Our award-winning app gets you banking on the go.
Visit a branch and discuss your finances face-to-face.
Need to talk to someone right away? Call us now.

Offer only available on new eligible insurance policies purchased between Monday 16 October 2023 and up to and including Friday 31 May 2024. 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 First Choice Home Insurance,
Defence Bank Fundamentals Home Insurance
Defence Bank Landlords Residential Property Insurance.
Ineligible home insurance policies are:
Barrack Room 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 receive a $200 eGiftCard(s), 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 six 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 $200 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

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

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 trading as CGU Insurance ABN 11 000 016 722, AFSL 227681. Any advice provided 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 the Product Disclosure Statement, Financial Services Guide (FSG) and Target Market Determinations available in branch or from (

WINNERS: T. McLachlan, J. Goff, K. Grocke, B. Harley, K. Taute, N. Fripp, J. Prowse.