Protecting your Investment Property
Landlord Preferred Policy
Terri Scheer is Australia’s leading landlord insurance specialist. The Landlord Preferred Policy provides cover for landlords from many of the tenant related risks of property investment, including:
u Tenant damage to building and contents
u Tenant related loss of rent
u Re-letting expenses greater than the bond
Loss of Rent - Permanent tenancies
u Tenant hardship awarded by a court – up to 4 weeks rent
u Absconding tenants – up to 20 weeks rent but not more than you would legally be entitled to recover under the lease
u Premises left untenantable for a minimum of 7 days due to insurable damage to your contents – up to 6 weeks rent
u Defaulting tenant resulting in termination of lease or eviction by court order – up to 20 weeks rent but not more than you would be legally entitled to recover under the lease
u Death of a tenant (under a sole tenancy) – up to 15 weeks rent
u Failure to give vacant possession – up to 28 weeks rent but not more than you would be legally entitled to recover under the lease
u Prevention of access for more than 7 days because of an incident listed in this insured event - up to 52 weeks rent
u Premises left untenantable due to tenant damage to your building for a minimum of 7 days – up to 52 weeks rent
u Weekly rent limited to $1,000 within standard premium. Higher weekly rent cover is available for an additional premium.
Additional benefits
If a claim for loss of rent is covered you may also be able to claim for the following:
u Reletting expenses that exceed the bond – up to $500 during any one period of insurance
u Removal and storage of goods required by the Act – up to $500
u Representation costs of your property manager obtaining a court order – up to $500 or up to $300 if you have to engage a bailiff/ sheriff for the purpose of evicting your tenant
u Change of locks – up to $250
Like all insurances, limits, conditions and exclusions apply. Read the Product Disclosure Statement for full details.
Loss or Damage – Section 2 – Contents*
This policy provides cover for contents owned by the property owner and legally responsible for such as floating floorboards, carpets, curtains, blinds, light fittings and furniture. These items are covered against loss or damage from events such as:
u Tenant damage
u Damage by pets – up to $2,500 (per period of insurance)**
u Damage from scorching to carpet – up to $1,000 (per period of insurance)**
u Legal Liability
u Pet damage
u Cover for fixed term and periodic leases
u Flood, storm or rainwater damage
u Theft, fire (including bushfire), explosion, electric motor burnout, lightning, earthquake or tsunami and impact
We do not insure you for bushfire, storm, flood or tsunami in the first 72 hours of your policy. Like all insurances, limits, conditions and exclusions apply. Read the Product Disclosure Statement for full details.
Loss or Damage – Section 3 – Building (tenant damage)*
This policy covers your building against loss or damage from events such as:
u Tenant damage
u Damage by pets – up to $2,500 (per period of insurance)**
u Damage from scorching to sections of bench or vanity tops – up to $1,000 (per period of insurance)**
*Cover under Sections 2 Contents and 3 Building (tenant damage) is limited to a combined amount of $60,000 unless otherwise agreed and shown on your policy schedule.
**The limits described for pet & scorching are combined limits between Section 2 Contents and Section 3 Building (tenant damage).
Legal Liability
This policy covers your legal liability as the landlord and owner of the property. Limit of Indemnity $20,000,000.
Like all insurances, limits, conditions and exclusions apply. Read the Product Disclosure Statement for full details.
Australia’s Leading Landlord Insurance Specialist GPO Box 1619 Adelaide SA 5001 Australia p 1800 804 016 f 1300 370 874 e customerservice@terrischeer.com.au w terrischeer.com.au
property. Insurance issued by AAI Limited ABN 48 005 297 807 AFSL 230859 trading as Vero Insurance. In arranging your insurance, Terri Scheer Insurance Pty Ltd ABN 76 070 874 798 AFSL 218585 acts under authority given to it by Vero Insurance. Read the Product Disclosure Statement before buying this insurance. Go to terrischeer.com.au for a copy. The Target Market Determination is also available. This content applies to policies with a start date on or after 29 March 2021. TS00136 25/08/21 A
Specialist protection for your rental income and
Excess Chart Type of Claim Excess Loss of Rent No Excess Tenant Damage $500 per claim Scorching or Pet Damage $250 per claim Earthquake or Tsunami $200 per claim Additional benefits in Section 1, Liability No Excess Other Claims $100 per claim
New Business Policy Premiums+ South Australia $355 Tasmania $335 Western Australia $365 New South Wales $465 Victoria $359 Northern Territory $395 ACT $359 Queensland $395 +Pricing subject to change
ITS YOUR CHOICE
Protecting your rental cashflow is NOT compulsory!
By accepting this free subscription, you hereby authorise your managing agent to renew your subscription at a charge of $66.00 at your agents next common renewal date.
...because even the best tenant in the world could turn into your worst nightmare.
At your agents next renewal you will be charged:
$66 incl GST, per year
Barclay MIS working together with your agent gives you the peace of mind of knowing:
TAX DEDUCTABLE PER PROPERTY
Correspondence from the Debt Collector can be sent to your tenant during the tenancy, stopping the problem escalating Barclay MIS can assist with enforcing payment plans during the tenancy
We can assist with locating your tenant to allow for service of court for tribunal documentation
We can enforce tribunal or court orders with no legal fees or commissions, potentially saving you hundreds of dollars
We can:
Sieze tenants assets
Garnishee tenants wages
Garnishee tenants bank accounts
Assist with the recovery of water charges
F R E E U N T I L Y O U R M A N A G I N G A G E N T S N E X T R E N E W A L
The information contained is accurate and correct at time of printing Barclay MIS Protect & Collect may change this information without notice, please refer to: www barclaymis com au for up to date terms and conditions of cover
Claim your reduced fee now
Save thousands with BMT
Depreciation is one of the biggest tax deductions available to property investors and has the potential to boost your cash return by thousands.
Depreciation is the natural wear and tear of a property and its assets over time. While all properties depreciate, only property investors can claim it as a tax deduction.
We want you to get the most from your investment property, so we’ve partnered with BMT Tax Depreciation to provide you with an exclusive offer.
BMT is offering a reduced fee of $715 on residential tax depreciation schedules (normally $770).
Crunch the numbers
Janice purchases a new three-bedroom townhouse for $780,000 and rents it for $550 a week or $28,600 per annum.
Expenses for the property including interest, management fees and maintenance total $32,000 for the year.
BMT finds $18,400 in depreciation deductions. By claiming depreciation, Janice saves $6,812 in the first year alone.
Cash flow BEFORE depreciation
-$41 per week
Cash flow AFTER depreciation $90 per week
Reduced fee $715including GST
Property depreciation you can claim
Most investment properties both new and old, have depreciation available
We found clients an average of almost $9,000 in first full financial year deductions
Claim back missed dollars by adjusting previous tax returns
We guarantee to find double our fee in deductions in the first full financial year claim or there will be no charge for our services
Your one-off schedule fee is 100% tax deductible and your schedule lasts a lifetime
Order before June 30 to claim your fee back this financial year
Property type First full financial year claim Cumulative five year claims Brand-new 2 bedroom unit $10,880 $45,703 3 bedroom house $13,104 $55,042 4 bedroom house $16,100 $67,627 Second-hand 2 bedroom unit $6,558 $27,551 3 bedroom house $7,380 $31,000 4 bedroom house $9,020 $37,900 First five years, calculated on a 37% tax rate.
Enquire Now Claim your reduced fee and receive your free estimate. Enter promo code LJ11 at bmtqs.com.au/del LJ11 Your promo code
Referral and affiliate fees are not sought or paid to anyone in the exchange of depreciation services. We receive no financial benefit for recommending BMT.
