SEE WHAT’S NEW IN POLICYCOMPARISON

JUNE 2026 – PCI PolicyComparison Report 

NEW INSURER / POLICY WORDINGS/SECTIONS

• One (1) Professional Indemnity – Mirimar
• One (1) Private Boat – New Wave
• Seven (7) Commercial Packs / ISR – Allianz, Vero
• Thirteen (13) Home – Argyle, Nutrien Ag
• One (1) – Liability – Vero

POLICY COMPARISON TEAM HAVE FOUND THE FOLLOWING RECENT CHANGES:

• Caravan/Trailer
  • Various alterations to some Benefits and Exclusions in this wording – Youi
  • Completely rewritten – Australian Caravan         

• Commercial Motor
  • Comparison unaltered – Vero

• Commercial Packs
  • Comparison unaltered – GIO
  • Alterations to Excluded Property – Customers’ Goods, Paintings, Works of Art or Curios, Vehicles Watercraft – Elders
  • Alteration to Insured Damage Clause – Elders
  • Alteration to Cyber Genera Exclusion – Elders
  • Alteration to Buildings and Contents Definitions and to Various Benefits – Elders

• Corporate Travel
  • Change to Policy Condition Sanctions Regulation – Cover-More
  • Addition of General Exclusion relating to travel to certain areas – Cover-More
  • Removal of reference to multi-night cruise travel – Cover-More

• Home Insurance
  • Comparison unaltered – Everyday, Hume, Millennium, Real
  • New Additional Information – Extra Help and Change of Policy Title – CGU
  • Completely Rewritten – CBA
  • Emergency Accommodation Expenses Benefit amended to address Family Violence and Wording updated to include Family Violence – Australian Seniors, Huddle, Everyday, Real
  • Removal of Optional Strata Title Protection Benefit – CGU
  • Inclusion of Domestic and Family Violence Clauses – CGU, Huddle, Everyday, Real
  • Alteration to Exclusion for Lawful Seizure – Millennium

• Landlords
  • Alterations to Policy to address Family Violence situations – Australian Seniors, CBA
  • Removal of Optional Landlord Workers’ Compensation Benefit – Australian Seniors
  • Comparison Unaltered – Hume
  • Alteration to various benefits and exclusions – Millennium
  • Completely rewritten – QSelect

• Leisure Travel
  • Excess for Travellers over 80 years deleted, Change to definition of Journey, Change to Claims Conditions, Personal Liability now includes Winter Sports, Increased scuba diving depth, New sub-limit for Bicycle cover, New exclusion for ATV’s – 1 Cover
  • Increase in Hospital Related Expenses limit – 1 Cover
  • Change to Cancellation and Additional Expenses benefits, Increase in limits for Accidental Death and Travel Delay Expenses, Triathlons now included – Allianz, Aust Seniors, Aust Unity
  • New benefit for Hospital Related Expenses – Allianz, Aust Seniors, Aust Unity
  • Completely rewritten – InsureandGo

• Liability
  • Comparison unaltered – GIO

• Management Liability
  • Change of Underwriting Agency Name – Miramar
  • Comparison unaltered – GIO

• Private Motor
  • Various Alterations to some Benefits, Cover and Conditions – Youi

• Professional Indemnity
  • Comparison unaltered – GIO
  • Change of Underwriting Agency Name – Miramarr
  • Clarity of some covers and language used throughout policy – Miramar

• Strata
  • Completely rewritten – SCI
  • Inclusion of Cyber Social Engineering under Fidelity Guarantee Section, Alteration to Money on Premises, Alteration to Cyber Exclusion – CHU
  • Alteration to Underwriter – Sections 1 and 7 Lloyd’s led by Beazley Furlonge Ltd and Sections 2,3,4,5 and 6 Lloyd’s led by Liberty Managing Agency Limited – Rubix

Comments

• Domestic Workers Compensation Cover is still being removed from the Home Policy Wordings
• Family Violence changes to policy wordings for Home, Private Motor and Leisure Travel
• Nine (9) Policy/Sections had change of underwriter agency name. These wordings have not changed the content of the wording but have updated their policy wording pdf.
• Twenty (20) Policy/Sections were completely rewritten.
• One hundred and twenty-one (121) Policy/Sections were unaltered.

• Summary of Changes vary per policy wording. Some Policy Wordings have been completely rewritten, whilst others have changed various exclusions, conditions, and benefits. Some wordings/sections were unaltered which means the policy wording has been updated but no change to the comparisons.

TEMPLATE CHANGES

Commercial Pack – Electronic Equipment

• Ongoing – moving up the Additional Information cells into the current template.