Buying a home should be one of the most exciting times in your life but it’s often one of the most stressful.

Amidst applying for a home loan, searching for your dream home, negotiating with real estate agents and organising all sorts of inspections, the last thing on your mind is protecting your new home with insurance.

That’s why we offer our home buyers free to settlement on our combined building and contents insurance- giving you peace of mind before you move in.

What is free to settlement?

Free to settlement is a feature that we offer on our combined building and contents insurance that covers your new home for the time between signing the contract and the settlement date. The best part? Your insurance premiums are free until your property has settled (up to a maximum of 90 days).

Why do I need to be covered before my home settles?

Most people are unaware that in Queensland a home buyer generally becomes responsible for any property damage from 5 pm the following business day after they sign their contract*. That’s why it’s important to ensure that your new home is protected in case the unexpected happens before you move in.

How do I qualify for free to settlement?

If you’re purchasing your home or investment property with the help of MOVE Bank, we can organise this for you!

Want to know more about Free to Settlement? Get in touch with our Home Loan Specialists on 1300 362 216 today.

*Different states have different conditions and it can depend on how the property is purchased. Please refer to a solicitor or conveyancer for more information.

Insurance issued by Insurance Australia Limited ABN 11 000 016 722 trading as CGU Insurance. Any advice is general only. Consider the relevant PDS available from to see if a product is right for you.
This blog post is for general information purposes only and is not intended as financial or professional advice. It does not have regard to the financial situation or needs of any reader and must not be relied upon as financial product or other professional advice. You should seek your own independent financial, legal and taxation advice before making any decision about any action in relation to the material in this article. Railways Credit Union Limited trading as MOVE Bank ABN 91 087 651 090. AFSL/ Australian Credit License number 234 536 | ABN 91 087 651