Ever found it frustrating having to list all your farm buildings and vehicles on individual policies with an insurance company? MAS can provide all-in-one lifestyle property house and/or contents policies that offer a wide range of benefits to help ensure you can focus on living the lifestyle you want rather than spending time worrying about your insurance.

We also provide cover for holiday homes and residential rental properties.

We are proud of the strong reputation we have established for an empathetic and top quality claims service.  Our insurance has wide ranging benefits, meaning you’ll never need worry about whether you’re covered or not.

Our policies are written in language that’s easy to understand and we’re always happy to answer any questions you may have about this important agreement between us.


Cover Options

You can choose from the following cover options for your house:

  • Area Replacement
    Where your house is damaged by a covered event, we'll pay the reasonable costs to repair or rebuild the damaged parts of the house to a condition substantially the same as it was in when it was new. If your property is a total loss, we'll pay the reasonable costs to rebuild your house to the same floor area recorded in the policy schedule.
  • Agreed Value
    You will have the same rights as under our Area Replacement cover, except that our liability will be limited to no more than the sum insured recorded in the policy schedule. In limited circumstances we may require your house to be insured on this basis (for example, if it is a very expensive property or if it has unique features that are hard to value).
  • Indemnity Value
    An Indemnity Value policy restricts the amount of cover to the reasonable costs of repairing or replacing the damaged part of your house to the condition it was in immediately before the loss. We may require this restricted cover on properties that are in sub-standard condition.

You can choose one of the following cover options for your contents:

  • Replacement Value
    This cover option provides 'new' for 'old' cover. We will cover the cost associated with the repair or replacement of the contents with the nearest equivalent items that are 'substantially the same' as, but not better or more extensive than, the condition of the items when they were new.
  • Indemnity Value
    This option provides cover based on the current value of the insured contents. We will cover the reasonable cost to replace an item with an item of comparable age, condition, quality and capability. 

Policy Cover at a Glance

House

Insured Events Area Replacement Agreed Value Indemnity Value
Sudden, accidental damage                
Burglary                
Malicious damage               
Fire and explosion             
Natural disaster              
Weather                 
Legal liability                 
Additional Benefits Sub-limit
Accidental death $20,000
Alternative accommodation $50,000
Emergency entry $10,000
Emergency evacuation $50,000
Glass breakage $No excess/NCB
Greenhouse $5,000
Hidden gradual loss $5,000
Intentional fire or explosion by guests As per policy limits
Landscaping $5,000
Lifestyle buildings $40,000/$160,000
Lifestyle fencing $20,000
Lifestyle structures $5,000/$25,000
Locks and keys As per policy limits
Loss of power $2,000
New building work $20,000
Protection costs $10,000
Tree removal $2,000
You choose your repairer As per policy limits

Contents

Insured Events Replacement Value Indemnity Value
Sudden, accidental damage             
Theft          
Burglary         
Malicious damage          
Fore and explosion          
Natural disaster            
Weather           
Legal liability           
Additional Benefits Sub-limit
Accidental death $20,000
Additional risks $5,000/$50,000
Alternative accommodation $50,000
Business use items - home office or healthcare $5,000/$25,000
Business use items - other business type $2,000/$10,000
Children's contents Sum insured
Contents in storage Sum insured/6 months
Contents in transit Sum insured
Credit card fraud $2,000
Cyber-bullying $5,000
Emergency entry $10,000
Frozen food $2,000
Emergency evacuation $50,000
Emergency recovery $5,000
Hidden gradual loss $5,000
Lifestyle vehicles $5,000/$20,000
Locks and keys Sum insured
Machinery breakdown and fusion $5,000
Moving to a new home  30 days
Pairs and sets Sum insured
Parents and grandparents contents Sum insured
Personal health items No excess or NCB
Protection costs $10,000
Reduction in value Sum insured
Stock worrying $1,000/$5,000
You choose your repairer Sum insured

Important Cover Sub-limits

Policy Items Sub-limit
Legal liability $10,000,000
Retaining Walls $200,000
Bodily injury $1,000,000
Bailee's liability $20,000
Exemplary damages $100,000
Farm stay liability $50,000
Road damage $10,000

Items limited to a sub-limit unless specified in your policy schedule

Item Sub-limit
Unset precious stones, bullion or precious metal $1,000
Collections $5,000

High value items including:

  • Sports equipment and bicycles
  • Portable electronic equipment for personal use
  • Video camera, photographic cameras and associated equipment for personal use
  • Personal health items (hearing aids, dentures glasses)
$5,000
Jewellery and watches $5,000 per item/$25,000 per event
Works of art $25,000

Automatic Additional Benefits

House

  • Accidental Death
    If you suffer injury and as a consequence die as the result of a sudden accidental event, we will pay $20,000 to your estate.
  • Alternative Accommodation
    If your main residence is uninhabitable, we will pay up to $50,000 for the additional and reasonable costs for alternative accommodation while the property is being assessed and/or repaired. 
  • Emergency Entry
    If emergency services cause damage to your property on entry, we'll cover it up to $10,000.
  • Emergency Evacuation
    We'll allow you to claim under the Alternative accommodation benefit when you are denied access to your house due to safety concerns or an emergency.
  • Farm Stay
    We'll automatically provide cover for any part of the property used as a farm stay, provided you earn less than $25,000 per annum from these activities. (Other terms and conditions apply, please talk to us for further information).
  • Glass Breakage
    Claims solely for accidental breakage of glass in windows, doors or screens of your house will not have an excess applied. 
  • Greenhouses
    We'll automatically provide up to $5,000 per event for any greenhouse that is damaged by restricted perils.
  • Hidden Gradual Loss
    In certain circumstances we'll provide up to $5,000 for hidden rot, hidden mildew or hidden gradual deterioration caused by water leaking from an internal source.
  • Intentional Damage by Tenants
    We'll provide cover for damage caused by a fire or explosion intentionally caused by any tenant, guest of a tenant or your guest.
  • Landscaping
    If we've accepted a claim, you'll also be entitled for up to $5,000 to replant or repair damaged lawns, flowers, trees, hedges or shrubs or to pay for other reasonable landscaping costs.
  • Lifestyle Buildings
    Your Lifestyle Property House policy automatically includes cover for lifestyle buildings such as barns, stables and sheds. In the event of a claim, we'll pay up to $40,000 per building to a maximum of $160,000 per event for any damage caused.
  • Lifestyle Fencing
    We will pay to repair or replace the affected fencing, by replanting the materially damaged area of the shelter belt with new saplings or to the value of the damaged area of fencing immediately before the event, up to $20,000.
  • Lifestyle Structures
    Structures such as windmills, stock yards, silos, and services are covered for loss up to $50,000 each, and we'll pay a maximum of $25,000 for any one event. 
  • Locks and Keys
    We will cover the reasonable cost of replacing locks and keys (including electronic access cards and transponders and remote door openers) if they have been lost, damaged, stolen or duplicated. You will not have an excess applied and your No Claims Bonus will not be affected.
  • Loss of Power
    If you lose power to the house for more than 24 consecutive hours, we will pay reasonable costs up to $2,000 for you to hire a generator. You will not have an excess applied and your No Claims Bonus will not be affected. 
  • New Building Work
    If you're building a new structure we'll provide up to $20,000 to cover the new structure being built and any building materials that will be incorporated. 
  • Protection Costs
    We'll pay up to $10,000 for reasonable costs incurred to protect a Member's property from loss, or following a loss, to minimise damage and prevent further loss. We will also pay the reasonable costs incurred to replenish your fire fighting equipment after it has been used to protect your house. 
  • Tree Removal 
    If we've accepted a claim, you'll also be entitled for up to $2,000 for the reasonable costs incurred for the removal of a fallen or partially fallen tree on your property. 
  • You choose your Repairer
    You can choose to either use one of our preferred repairers and we'll guarantee their repairs, or you can select a repairer of your choice.

Contents

  • Accidental Death
    If you suffer injury and as a consequence die as the result of a sudden accidental event, we will pay $20,000 to your estate.
  • Additional Risks
    We automatically cover a Member's personal effects up to $5,000 per item, including purchased items overseas, and $50,000 per claim. Members are also automatically covered for cash or pre-paid cards up to $1,000 for any one event.
  • Alternative Accommodation
    If your main residence is uninhabitable, we will pay up to $50,000 for the additional and reasonable costs for alternative accommodation while we repair the property.
  • Business Use Items
    We'll provide up to $25,000 cover at home, and up to $5,000 cover out and about, for property owned by you that relates to a healthcare practice or home-based office. For all other business use items we'll provide up to $10,000 cover at home, and up to $2,000 cover out and about.
  • Children's Contents
    We cover your children's contents while they're in full time study and staying at boarding school, in tertiary accommodation or while boarding in a private residence. We'll also cover their belongings stored at your house while they're overseas. 
  • Contents in Storage
    We cover your contents for accidental loss by restricted perils while temporarily stored in a professional storage facility.
  • Contents in Transit
    We cover your contents for accidental loss by restricted perils while being permanently relocated to a new address.  
  • Credit Card Fraud
    We'll provide up to $2,000 for fraudulent debit or credit card use for which you are legally liable and cannot be recovered elsewhere.
  • Cyber-bullying
    We will repay you up to $5,000 if you incur Cyber-bullying expenses caused by Cyber-bullying. Your no claims bonus will not be affected.
  • Emergency Entry
    If emergency services cause damage to your property on entry, we'll cover it up to $10,000.
  • Emergency Evacuation
    We'll allow you to claim under the Alternative accommodation benefit when you are denied access to your house due to safety concerns or an emergency. 
  • Emergency Recovery
    If you suffer a significant loss we'll help out immediately by providing a $5,000 cash benefit to assist you with recovery. 
  • Frozen Food
    If your freezer accidentally breaks down, loses refrigerant or the power supply is disconnected, we will pay up to $2,000 for any spoilt items. 
  • Hidden Gradual Loss
    In certain circumstances we'll provide up to $5,000 for hidden rot, hidden mildew or hidden gradual deterioration caused by water leaking from an internal source.
  • Lifestyle Vehicles
    Your Lifestyle Property Contents policy will automatically include cover for lifestyle vehicles such as motorcycles, quad bikes, tractors, and mowers on the property. In the event of a claim, we will pay up to $5,000 per lifestyle vehicle and $15,000 per ride-on mower to a maximum of $20,000 per event.
  • Locks and Keys
    We will cover the reasonable cost of replacing locks and keys (including electronic access cards and transponders and remote door openers) if they have been lost, damaged, stolen or duplicated. You will not have an excess applied and your No Claims Bonus will not be affected.
  • Machinery Breakdown and Fusion
    We'll automatically provide cover for mechanical or electrical breakdown or fusion of motors up to 10kW, pumps, and other electrical equipment. We'll pay up to $5,000 per item, and $1,000 lifting and lowering costs, when a claim has been accepted for a submersible pump. 
  • Moving to a New Home
    If you're moving house, we'll automatically cover your contents at the new address for 30 days on the same terms and conditions as the exisiting policy. 
  • New for Old
    Under our Replacement value cover option, if an item cannot be repaired, we will replace it with the nearest equivalent item available that is substantially the same as the damaged item was when new. 
  • Pairs and Sets
    If we are unable to repair an item of jewellery or artwork that forms part of a pair or set we will, at your request, settle the claim as if the whole pair or set was involved in the loss.
  • Parents' and Grandparents' Contents
    We cover your parents' or grandparents' contents automatically under your policy while they're residing in a rest home, hospice or the like. 
  • Personal Health Items
    If your claim is solely for hearing aids, dentures, prescription glasses, contacts, walking sticks and frames or wheelchairs we will not apply an excess and your No Claims Bonus will not be affected. 
  • Protection Costs
    We'll pay up to $10,000 for reasonable costs incurred to protect a Member's property from loss, or following a loss, to minimise damage and prevent further loss. We will also pay the reasonable costs incurred to replenish your fire fighting equipment after it has been used to protect your house. 
  • Reduction in Value
    If we repair an item of jewellery, artwork or a musical instrument, we'll pay you for any reduction of value that results.
  • Stock Worrying
    If your stock is killed due to injuries caused by any dog not owned by you, we will pay up to $1,000 for the loss of each animal, and $300 for vet services, up to a total of $5,000 per event.
  • You choose your Repairer
    You can choose to either use one of our preferred repairers and we'll guarantee their repairs, or you can select a repairer of your choice.

Measuring your Home

For all house policies, it’s important that you provide us with an accurate measurement of the total floor area of your house. Check out our handy guide to help you get this right.  It also highlights other features you may need to tell us about.


Check how much Contents Cover you need

It's important to regularly review how much your contents are worth - the cost to replace everything you own might be more than you think. Our contents calculator can help you work out the approximate value of your belongings quickly and easily.