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Contents are household items that you own or are responsible for and use primarily for domestic purposes. That doesn’t include items permanently attached to your home or insured address.
Common contents refer to unfixed items that are contained within the common areas of your building.
Safety Net Home Protection – included in GIO Classic Extras and Platinum cover – provides a financial buffer if the cost of repairing or rebuilding exceeds your sum insured.
Provided you have a GIO ‘owner occupier’ policy, continue to reside in the home, and no more than 2 bedrooms are being rented under a short term holiday rental or home sharing scheme (like Airbnb, or Stayz), GIO will continue cover. Conditions may apply.
Yes, if you have a holiday home that is only for your personal use and is unoccupied for a majority of the time. If you make a claim, you will likely need to pay an unoccupied excess.
No, GIO Home and Contents Insurance does not cover loss or damage caused by insects, vermin, or rodents – including termites.
If your insured belongings are damaged or lost during transit within Australia, while they’re in commercial storage, or if they’ve been temporarily removed from your property for up 180 days, you’ll be covered.
Carpet is covered under GIO Contents Insurance, but not under GIO Home Building Insurance.
The difference is in whether or not structures and items are attached or not attached to the physical building you are insuring. Home Insurance covers your home, garages, carports, outbuildings, gates and fences, along with any permanently attached fixtures like solar panels, walls, ceilings, and floor coverings for loss or damage caused by a range of insured events at your insured address.
Whereas, Contents Insurance covers only for the loss or damage to the contents in your home caused by insured events. ‘Contents’ are household items that you own or are responsible for and use primarily for domestic purposes. These include things like furniture, furnishings, clothing, unfixed electrical goods, and appliances.
Ultimately, the level of cover you choose, and with who, is up to you. Comparing Home and Contents Insurance should be based on what you need cover for, like home, contents, combined home and contents, strata, or landlord insurance. To compare Home and Contents Insurance, you can:
- Check what is automatically covered in each policy you’re considering;
- Review any optional/additional covers available;
- Get a quote for the policy or policies you’re looking at; and
- Compare the quote and what it includes against other quotes you may have received.
Updating Home/Contents Policy
We understand that sometimes the unexpected happens and you may not have access to as much money as you normally would. If this happens to you, GIO customers have two options:
1. Premium Freeze Benefit
2. Premium Pause Benefit
Yes, you can pay fortnightly, monthly or yearly premiums at no extra cost.
Yes, you can easily set up direct debit or credit card payments when you purchase your policy.
With Funeral Insurance, you pay regular premiums to cover an amount of your choosing, which will then be paid out to your nominated beneficiary in the event of your death. With pre-paid funeral plans, you plan and pay for your funeral in advance, meaning it’s already paid for when you die.
Deciding on a level of cover varies between each person. You should factor in such things as what type of funeral you want, and how much you want to leave for your loved ones to assist them financially.
Yes, in some circumstances you can receive your pay out early as part of the Early Payment Benefit.
Yes, it’s completely up to you. You can choose one beneficiary to receive the pay out in the event of your death.
We offer single and joint policies, meaning you can insure one or two people on a single policy.
Yes, you can.
There are some instances that mean you won’t receive the full Funeral Benefit, all of which occur in the first 12 months of taking out your policy.
We offer one main discount on our funeral insurance policies: a 20% Family Discount and 10% Large Sum Insured Discount.
As a benefit for your loyalty we also offer the 10% Cash Back Benefit, for every three years you continue to hold a policy.
Yes, you can. If you decide to go with this option, the joint policy will be cancelled and a new policy issued to each customer.
You can nominate who receives your Life Protect Death Benefit payout in the event of your death.
Yes, you can apply to increase your cover at any time, but this process is subject to underwriting.
Your other option, to avoid any underwriting, is to consider the Lifestyle Increase Benefit. This benefit allows you to increase the level of your cover by a maximum of $100,000 annually, as long as it’s either the second anniversary of your policy, or you’re under the age of 60 and a life event as stipulated in our PDS occurs.
Yes. We’ve adopted the Life Insurance Code of Practice to ensure you get the highest standards of service in all your dealings with us.
Other Personal & Life Policies
No, however GIO is part of the Suncorp Group and we may be able to offer you Income Protection under Suncorp. GIO does offer Bill Protect, this helps provide an income if you’re sick or injured and not able to work however it does come with more exclusions than Income Protection and is not connected to your current income. Please refer to the Bill Protect PDS for full terms and conditions.
GIO Funeral Insurance is issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530 AFSL 229880 (SLSL), under the brand GIO, and is distributed by Suncorp Financial Services Pty Ltd ABN 50 010 844 621, AFSL 229885 (SFS). AAI Limited ABN 48 005 297 807 (AAI) trading as GIO does not provide any financial product advice in relation to GIO Funeral Insurance. Any advice in this information is general advice only and has been prepared without taking into account any person’s objectives, financial situation or needs. You should consider the Combined Product Disclosure Statement and Policy Document (PDS) for GIO Funeral Insurance before making any decisions about whether to acquire this product. GIO Funeral insurance is not a savings product and premiums increase with age. If you cancel your policy any premiums you have paid for your policy will not be refunded.
No, GIO Travel Insurance does not have an age limit.
A pre-existing medical condition is one that you’ve had investigated, treated, received medical advice for or taken prescribed drugs for. Read on for further information to help under if your particular condition is considered pre-existing under your GIO travel insurance policy (please read the PDS for full terms and conditions).
Yes, the maximum journey is 12 months for Holiday Travel Insurance, and 90 days for Annual Travel Insurance.
You should select the region you are travelling to. We have 5 different regions to choose from:
You should set your return date as the date you arrive back your home address.
It should be based on the day you purchase your policy.
Public Liability relates to third party injury or third party property damage whilst you’re on the job, and Products Liability relates to injury to third parties or damage caused by any products you distribute, supply or manufacture.
Each business is different, and as such has different needs when it comes to insurance. However, you may want to keep in mind what contracts you work on, and the conditions of your licence when making a decision.
There are a few scenarios not covered by Public and Products Liability Insurance, including pollution, asbestos, and product recalls.
Professional Indemnity Insurance offers cover to businesses that provide advice or recommendations to clients.
Public Liability and Professional Indemnity cover different types of risks so, depending on your business, you may benefit from both policies.
Portable and Valuable Items
Portable and Valuable Items Insurance covers the accidental loss or damage of portable and valuable items that you usually carry around with you in the course of your business.
Portable and Valuable Items refers to your tools or items you may take with you when out and about as part of your business. Stock, on the other hand, refers to the raw materials, merchandise and goods you trade in your business, and at your business premises.
According to the ATO, "you can generally claim a deduction for most operating expenses in the same income year you incur them".
An employee works for and is part of your business, whilst a subcontractor operates their own business while contracting their services to you.
No, with GIO you can pay your insurance premium annually or monthly.
No, only direct debit is available for monthly payments.
No, GIO does not charge any fees for credit card payments.
Your policy number can be found on the Certificate of Insurance that you received when you purchased your policy.
It won't happen without us notifying you. We send renewal notices at least 14 days before your current policy expires, showing how much you need to pay and when the payment is due.
Yes, we reward our seniors aged 60 or over who hold a valid State Government Seniors Card with a discount on GIO Home and Contents Insurance.
GIO does not price match quotes from other companies.
Other General Enquiries
GIO do not offer cover notes (a form of temporary insurance covering the period between signing up for a policy and making the first premium payment).
Depending on your level of cover, you can increase your excess (the amount you must pay for each incident you make a claim for) by choosing a voluntary excess (from the range we offer, between $200 and $2,000) to reduce your premium.
A No Claim Bonus (NCB) is a discount off your comprehensive premium.
Emergency Services Levy
We (and other insurers) collect ESL to help pay for the NSW Emergency Services, including Fire and Rescue NSW, the NSW Rural Fire Services and the NSW State Emergency Services.
We began to remove ESL from insurance premiums during the 2016-2017 financial year. However, on 30 May 2017 the NSW State Government announced the deferral of the introduction of ESL (or the “FESL”) on council rates (therefore deferring the removal of the ESL from insurance premiums). As a result, we began to reintroduce ESL charges on relevant insurance premiums in late 2017.
Customers may find their total premium is higher than last year due to the reintroduction of ESL. This levy is also charged by other insurers in NSW however each insurer decides its own rate for ESL. The money contributed by insurers is used by the NSW State Government to fund vital emergency services.
Yes. Customers will be able to submit missing points claims until 31 July 2018 by emailing email@example.com. Please note, only claims for eligible policies purchased or renewed with a start date on or before 31 March 2018 will be accepted. Terms and conditions will continue to apply.
View Qantas Business Rewards Terms and Conditions for existing GIO Business Insurance policies.
View Qantas Business Rewards Terms and Conditions for existing GIO Workers Compensation policies