We understand the time and effort involved in purchasing your home. To make the process easier let us help you to make the right decisions on how to best protect the assets in your home.
It is after all, one of the biggest purchases you may ever make, so have peace of mind knowing you’ve purchased your home with the security of our insurance options.
Loan Protection will cover your loan commitments should you become terminally ill, suffer a medical trauma, become disabled, involuntarily unemployed or die. It also provides valuable ongoing cover once your loan ends.
Applying for cover is quick and easy with no medical questions asked.
Find out more about our Loan Protection.
Residential Home Package
The Residential Home Insurance Package provides insurance cover for your building and contents. Options such as personal valuables cover allow you to customise the package to your needs, and you can reduce the premium by removing cover on some insured events.
Enjoy a cover choice of building-only, contents-only, or combine the two for up to 15% discount when you apply with your Home Loan.
Find out more about our Residential Home Package.
Life Care pays a lump sum in the event of your death or upon the diagnosis of a terminal illness when you have less than 12 months to live. It provides financial security for your loved ones when they need it most.
Find out more about Life Care.
Offering protection in case you can’t work due to illness or injury, the Income Care range replaces up to 75% of your regular income. It also includes an option to help cover superannuation payments.
Find out more about Income Protection.
To find out more about how we can help you protect the assets in your home, contact our home insurance experts.
- Important Information:
Insurance refers to products offered by Commonwealth Insurance Limited ABN 96 067 524 216 (CIL) and The Colonial Mutual Life Association Society limited ABN 12 004 021 809 (CMLA) both wholly owned but non-guaranteed subsidiaries of the Commonwealth Bank of Australia.
Home Insurance is offered by CIL, Loan Protection and Life Insurance is offered by CMLA. The Commonwealth Bank of Australia and its subsidiaries (excluding CIL and CMLA) do not guarantee the obligations or performance of CIL or CMLA or the products they offer. Where the Commonwealth Bank of Australia acts as an agent for CIL or CMLA, the Commonwealth Bank receives a commission from CIL or CMLA respectively.
Applications for Loan Protection are subject to assessment and the settlement and funding of your loan or establishment of your line of credit facility. Product Disclosure Statements (PDSs) are available for these products by calling 13 24 23, visiting commbank.com.au or from any branch of the Commonwealth Bank. The PDS should be considered before making any decisions about these products.
As this advice has been prepared without considering your objectives, financial situation or needs, you should before acting on this advice, consider its appropriateness to your circumstances. Terms and conditions for Streamline Account are available on request. If you have a complaint, the Bank’s dispute resolution process can be accessed on 13 2221.