Loan Market Insurance - 30 days free insurance terms and conditions

30 Days Complimentary Insurance Terms and Conditions


Complimentary 30 day interim insurance cover ("Interim Cover") is provided for the Purchased Property set out in the certificate attached (‘Certificate’) once completed by a Loan Market Representative and issued to You. 

The Interim Cover Period of Insurance commences on the Commencement Date and ends when the first of any of the following occur:

  • A period of 30 days has expired from the Commencement Date;
  • The date You receive advice that settlement on the Purchased Property will not be proceeding; 
  • The date You enter into another insurance policy with another insurer that covers the Purchased Property and/or its contents.

As an additional benefit, You may be able to retroactively back date the Commencement Date to the Contract Date, if the Certificate Date Issued is within five (5) business days of the Contract Date.


Interim Cover is provided subject to the limitations and variations set out below and pursuant to the Ray White Insurance Home and Contents Insurance Product Disclosure Statement (PDS) however excludes Domestic Workers’ Compensation, Accidental Damage, Portable Contents And Flood. 

For the purposes of Interim Cover, unless amended by these terms, any capitalised word has the same definition as in the PDS and/or as shown in the accompanying Certificate. 

A copy of the PDS and KFS is available by calling Loan Market Concierge and Loan Market Insurance on 1800 140 20 20 or visiting You should consider the Product Disclosure Statement before deciding whether Interim Cover is right for you and whether to enter into an annual contract upon the expiration of Interim Cover.

Interim Cover is only available if the Purchased Property is a residential property subject to an exchanged contract of sale at the Commencement Date, and is used for private residential purposes during the whole period of Interim Cover.

The building cover Sum Insured, under the terms of the Buildings cover section of the PDS, is the amount equivalent to the cost of rebuilding the Purchased Property, but will not exceed the sum of $750,000. 

No Buildings cover is provided for strata, company or community titled properties, as this is usually the responsibility of the body corporate or similar.

Contents cover is limited to loss or damage to fixed carpets, curtains or internal blinds, and the most we will pay for this cover is $10,000.

You are not covered for any other general Contents such as furniture, clothing and jewellery, or general contents with set limits of cover, Specified Contents cover or Portable Contents cover.

Interim Cover does not provide cover for Domestic Workers’ Compensation, Accidental Damage, portable contents. 

Interim Cover does not provide cover for loss or damage caused by, arising from or in any way connected to a Flood.  

For the purposes of Interim Cover, the definition of Flood is amended as follows: “Flood” means the covering of normally dry land by water that has escaped or been released from the normal confines of:

  • any lake, or any river, creek or other natural watercourse, whether or not altered or modified; or;
  • any reservoir, canal, dam, or other form of water channel or waterway, whether altered, modified or purpose built.

In the event of a claim under this Interim Cover, the Excess that You must pay is $1,000 as well as any other excess specified as applicable to the claim under the PDS. 

The Commencement date must be before the Settlement Date of the Purchased Property.  

The provision of this Interim Cover does not automatically confirm eligibility for ongoing or annual cover under the PSD, which will be subject to application and underwriting criteria.

Important Information

Concierge Group Holdings Pty Ltd (Concierge) ABN 95 105 230 046, AR 267687 trading as Loan Market Concierge and Loan Market Insurance (Loan Market Concierge/Insurance) arranges this insurance as an agent and authorised representative of Allianz Australia Insurance Limited (Allianz) ABN 15 000 122 850 AFS Licence No. 234708. The person/office providing you with this certificate  acts on behalf of Loan Market Concierge/Insurance.

We do not provide advice on this insurance based on any consideration of your objectives, financial position or needs. Policy terms, conditions, limits, exclusions and underwriting criteria apply. Before making a decision, please consider the relevant Product Disclosure Statement (PDS) available from No commission is paid to Ray White Concierge/Insurance for this interim cover. However, if you purchase other Allianz insurances through Ray White Concierge/Insurance, we will receive a commission that is a percentage of the premium on those policies. 

We may also receive from Allianz a percentage of the profit which exceeds the agreed profit threshold for Home and Landlord (excluding flood), Motor and Caravan policies arranged by us or renewed with Allianz in each calendar year, provided that the agreed premium threshold is met. 

Allianz also reimburses us for marketing costs we incur to promote its products, which is capped at a percentage of the premium earned on all policies arranged by us with Allianz in the prior calendar year. Ask us for more details, including a copy of our Financial Services Guide (FSG), before we provide you with any services.

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