Disclaimers
Home Insurance issued by Youi Pty Ltd. Consider the Home PDS and TMD to decide if this product is right for you.
1 Where we arrange, authorise and pay a service provider for repairs, we will guarantee the quality of the repairs for as long as you are the owner of the insured property. The guarantee includes the rectification of any defects caused by poor workmanship, or faulty materials, related to these repairs. Some exclusions apply. See the PDS for full details.
2 If you, your spouse or de facto claim for the same incident on more than one Youi policy, for a single event occurring at the same address and time, only one excess is payable. The excess will be the highest excess payable.
3 Where you have increased your sum insured or reduced your excess within 72 hours of a flood, storm, hail or bushfire occurring, cover will be limited to the amount that was effective prior to the change. Loss, damage or legal liability caused by flood, storm, hail or bushfire during the first 72 hours of your policy first being purchased is excluded unless certain conditions apply. Exclusions and limits may apply. For full details, see the PDS, TMD and your policy schedule.
4 Limitations and exclusions apply and there are waiting periods or additional fees for certain types of cover. Full details are in the PDS and TMD, which we recommend you consider before making any decisions regarding our products.
5 Exclusions and/or limits apply. See the PDS for full details.
6 Cover available for loss or damage to the insured property caused by escaping water that occurred suddenly and without warning, or slowly over a period of time and you could not reasonably have been aware of it. Exclusions and limits apply. See the PDS for full details.
7 There are certain exclusions to the definition of “building/s” and “contents”. For full details, see the PDS.
8 For owner occupied homes, we will pay the actual cost you incur for temporary accommodation for up to 12 months if you cannot live at the premises after an insured event for which a claim is accepted under your building policy. The most we will pay for each claim is 10% of the buildings sum insured. Exclusions and limits apply. See the PDS for full details.
9 Where a claim is accepted under your building policy, we will cover the cost of temporary emergency repairs needed to prevent further loss or damage and make your buildings safe and secure. Exclusions apply.
10 Legal liability cover under your building policy includes your legal liability arising from an accident that occurs at the insured premises during the term of the policy and if the accident arises in connection with you owning the premises. Your contents policy includes your legal liability arising from an accident that occurs anywhere in Australia during the term of the policy which arises in relation to you or your contents and does not arise in connection with you owning a building. Exclusions and limits apply. See the PDS for full details.
11 We will cover the cost of demolishing and removing buildings and/or contents debris (depending on whether you have buildings and/or contents cover) from the premises, and related professional fees for an engineer, architect or surveyor when a claim is accepted, up to 20% of the building and/or contents sum insured. Exclusions and limits apply. See the PDS for full details.
12 To continue cover for the contents after 14 days from the day you start your move to the new permanent address, you will need to take out a new policy for the new permanent address.
13 Exclusions, limits, terms and conditions apply. See the PDS for full details.
14 Source: Insurance Council of Australia – General Insurance Code of Practice, October 2023
