La Trobe Financial

Whether you’re looking for basic or extended protection, La Trobe Financial has you covered. Our Landlords insurance products offer a broad range of protection and coverage options with the added flexibility of paying premiums with your regular loan repayments if you are one of our Borrower customers, or a frequency that suits your needs without the surcharge often applied by other insurers.* If you are an Investor or client or someone who just wants Insurance with personal service; either way would love to assist you.

* Additional transaction fees may apply for Bpay, cheque & credit card payments.

As an Authorised Representative of one of Australia’s leading insurers, CGU Insurance Limited, La Trobe Financial offers the following Insurance products.

The information below is a brief summary of just some of the features and benefits available when you insure your investment property through La Trobe Financial.

Features & Benefits

Landlord Protection gives Property Investors protection against the following:

Accidental Damage to Buildings & Contents
The ability to insure contents in properties being rented on a furnished basis
Basic rental income protection whilst property uninhabitable due to an insured event
Extended rental income protection for rental default by tenants
Loss or damage caused by tenants &/or their visitors (including accidental or malicious breakage of fixed glass)
Pay premiums monthly for no additional cost
Optional Legal Liability Cover
Optional Workers Compensation Cover
For La Trobe Financial Lending customers – combine your monthly mortgage & insurance premium payments into one easy to manage Direct Debit.

Accidental damage

Items covered by Accidental Damage include but are not limited to;

Accidental breakage of fixed glass including;

Any window tinting or shatter proofing material attached to the glass
Fixed shower bases, basins, sinks, spas, baths and toilets

Fire or explosion
Impact by a vehicle

Contents cover

Contents coverage is an optional feature of Landlord Protection. Items include but are not limited to;

Carpets, curtains & internal blinds,
Furniture & fittings owned by you that are not built in
Swimming pools
Portable domestic appliances that are not built in
Items thinly covered with gold or silver that are not jewellery or watches.

Mortgage discharge costs

If you make a claim for the total loss of your building that is accepted, legal costs to discharge your mortgage will be covered.

Protection for purchasers in the event of sale

If you have entered into a contract to sell your rental property, building cover will be extended to cover the purchaser until settlement, purchaser insures the rental property or the purchaser becomes liable for damage to the rental property.

Types of buildings/structures Covered

Structures covered under building include but are not limited to;

Residential buildings (including: Professional offices or surgeries in those buildings)
Domestic Outbuildings
Boat jetties or pontoons for which you are legally responsible for.

Extended Cover Options:

Loss of rent

Should your rental property suffer damage that makes it uninhabitable, cover is available for any loss of rent equal to the amount listed on your rental agreement or periodic tenancy agreement for up to twelve (12) months.

Rent default or theft by a tenant

This is available as OPTIONAL cover and includes any rental default or theft by a tenant and relevant legal costs incurred.

Strata Title Mortgagee Protection

This is available as OPTIONAL cover and will cover the amount you must pay to settle your mortgage following loss or damage to buildings that you own under a strata title or similar plan. This cover is only claimable in the event that the Body Corporate/Owners Corporation has not insured the buildings in general or for events covered by this policy.

Home & Contents Insurance

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Landlords Insurance

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Commercial Property Insurance

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La Trobe Financial Services Pty Limited ABN 30 006 479 527 is an authorised representative of the product issuer, insurer CGU Insurance Limited ABN 27 004 478 37.
This page contains general advice only and may not suit your particular circumstances. Before making decisions about insurance products it is important for you to read the Product Disclosure Statement ("PDS") accompanying each product before you make an insurance decision and you should consider carefully whether or not the insurance available is appropriate for you.