When do you need confirmation of cover?
Before your bank approves finance for a home you are looking to purchase, they will want confirmation that you can obtain insurance for it. This ensures the security (your home) they will use for the loan can be protected.
With just a few straightforward steps, you can have this document in your inbox the same day – depending on how quickly you fill out our online form!
Here’s the simple process:
- Get a quote: Use our 30-second quote calculator.
- Complete an application:
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- If happy with the quote, choose your preferred payment interval (monthly or annually) – No payment required if only requesting a Letter of Intent.
- Fill out the three pages containing property details, personal info, and claims history, as if you’re the buyer.
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- Submit a referral or request a ‘Letter of Intent’:
- If a review is needed, submit your info for assessment (we aim to respond within one business day).
- If no review is needed, you’ll reach a summary page with the option to send a Letter of Intent to your email (see image for example)
- Confirmation sent: The document will arrive in your inbox, ready to forward to your bank or mortgage provider.
Already purchased the property?
Then you’re probably looking for a ‘Certificate of Insurance’. This is a document that proves your cover is in place once you’ve purchased a policy. It’s also known as a Certificate of Currency. Banks and finance companies often ask for one when you apply for a mortgage or loan or when you are wanting to draw on the loan. Learn how to get a Certificate of Insurance here.
