Fine Print – Allianz Landlord Insurance
*Membership is open to citizens or permanent residents of Australia who are current or retired employees in the Australian education sector or are family members of members (i.e. shareholders) of the Bank. 1 The Bank arranges this insurance as agent of the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFS Licence No. 234708 (Allianz). The Bank acts as an agent for Allianz and not your agent. Neither Teachers Mutual Bank Limited nor Allianz provide advice based on any consideration of your objectives, financial situation or needs. To decide if it is right for you please carefully read the relevant product disclosure statement, available online or by contacting us. The Target Market Determination is available by calling 1300 139 418. If you purchase this insurance, the Bank will receive a commission that is a percentage of the premium depending on the product. We also have an arrangement with Allianz Australia Insurance Limited (AAIL) to provide marketing, administrative and support services relating to Allianz insurance products in return for a share of aggregate profits from insurance policies (excluding CCI policies) issued by Allianz that we arrange. Ask us for more details before we provide you with any services on this product. 2 Promotional Period: 8AM AEST on 1/07/21 to 11pm AEST on 30/06/2022. To be eligible to enter, an entrant must be an Australian resident who is a Member of Teachers Mutual Bank Limited and 18 years of age or older. To enter, a Member must purchase a new Allianz Comprehensive Motor, Home or Landlord insurance policy through Teachers Mutual Bank, Firefighters Mutual Bank, Health Professionals Bank or UniBank during the competition period and Allianz has received full payment of the annual eligible policy premium; or if paying by the fortnight or month, the entrant’s nominated bank details to enable monthly instalments of the eligible policy premium to be deducted. Total of 12 prize draws, with one entry drawn at 28-38 Powell Street, Homebush NSW 2140 at 10AM AEST on 2/08/2021, 1/09/2021, 1/10/2021, 2/05/22, 1/06/22, 1/07/22 and at 10AM AEDT on 1/11/21, 1/12/21, 4/01/22, 1/02/2022, 1/03/22, 1/04/22. Winners will be published at tmbank.com.au within 7 days of each draw. Promoter: Teachers Mutual Bank Limited, ABN 30 087 650 459 AFSL/Australian Credit Licence No 238981, 28-38 Powell Street, Homebush NSW 2140. Authorised under NSW Permit No TP/01063, ACT Permit No ACT TP 21/00791, SA Permit No T21/735. See Offers for full terms and conditions.
The Bank arranges this insurance as agent of the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFS Licence No. 234708 (Allianz). The Bank acts as an agent for Allianz and not your agent. Neither the Bank nor Allianz provide advice based on any consideration of your objectives, financial situation or needs. To decide if it is right for you please carefully read the relevant Product Disclosure Statement available online or by contacting us. The Target Market Determination is available by calling 1300 139 418.
If you purchase this insurance, the Bank will receive a commission that is a percentage of the premium depending on the product. We also have an arrangement with Allianz to provide marketing, administrative and support services relating to Allianz insurance products in return for a share of aggregate profits from insurance policies (excluding CCI policies) issued by Allianz that we arrange. Ask us for more details before we provide you with any services on this product.
1 Online discount
When you buy a new landlord insurance policy online a premium discount of up to 10% is applied to your first year’s premium, including the following optional cover if selected: Flood. This discount is not applied on renewal.
2 Minimum premiums
If you are eligible for more than one discount, Allianz applies them in a predetermined order. This means any subsequent discount will be applied to the reduced premium amount after applying any prior discounts and the effect of the subsequent discount will be reduced. For example, the aggregate effect of applying two 10% discounts consecutively means that you will not see the full benefit of both these discounts.
Discounts do not apply to taxes or government charges.
Discounts do not apply to optional covers for Domestic Workers Compensation / Landlord Workers Compensation, and may not apply to other optional covers (if available and selected).
Any discounts/entitlements may be subject to rounding and may only apply to the extent that any minimum premium is not reached.
3 Instalment premiums
If you choose to pay your premium by instalments you do not pay us any more than if you pay your premium in one lump sum annually. The premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding. Note: Your financial institution may apply transaction fees to instalment payments.