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 (i.e. the amount you insured your home for).

If your claim is covered we will pay up to a further percentage of the home sum insured to:

  • repair or replace the home; or
  • pay you the amount quoted by a member of our builder supplier network to repair or replace the home.

For example:

  • if your sum insured is $400,000 and you have a 25% Safety Net, you’ll be covered for an additional $100,000 (or $500,000 in total); or
  • if your sum insured is $400,000 and you have a 30% Safety Net, you’ll be covered for an additional $120,000 (or $520,000 in total).

LEARN MORE ABOUT HOME INSURANCE