What do we mean by that?
AAMI, we, us, and
our mean Australian Associated Motor Insurers Limited (ABN 92 004 791 744).
Accident means an accident or a series of accidents resulting from any one occurrence.
Amount covered is the most we will pay, less any excess, for any accidental damage and loss covered by your AAMI policy occurring during the period of cover. The amount covered includes GST. The current amount covered is shown on the most recent of your insurance schedule and your renewal notice.
Collection or
set is a group of items of sufficiently common type, appearance or nature that they reasonably belong together and that is devalued if one or more of the group is lost or damaged.
Contents that
are covered and the contents that
are not covered under this policy.
Cover and
covers mean the protection provided by your policy.
Damage and
loss.
Damage means actual physical damage to your contents.
Loss or lost means your contents or a part of your contents being destroyed, stolen or damaged beyond economical repair.
Loss does not mean items being accidentally misplaced.
Total loss means damage to your contents, to the extent that
we reasonably consider that complete or near-complete repair or replacement is necessary to reinstate them, or where we have paid the whole of the amount covered.
Endorsement means a special condition that applies to your policy.
Any endorsements to your policy are shown on the most recent of your insurance schedule and renewal notice.
Excess. An excess on your policy is the amount that you must first contribute towards a claim.
Fire means burning with flames.
Fixtures and
fittings means items used for domestic and residential purposes, and which are permanently attached to your home by you or your landlord.
Home means the buildings at the site used for domestic or residential purposes that are fitted with working locks to all external doors.
Home does not include partially enclosed buildings or areas of a building such as carports, on-site car parking bays, balconies, courtyards and verandahs.
Insured address means the address at which your home is located.
Insured event. The occurrences we have listed which cause damage and loss to your contents.
Living with you. Any person normally living or staying in your home or
at the site.
Occupied means you are living or staying in your home or another person is with your consent.
Period of cover means the current period for which we have agreed to provide you with insurance cover. The current period is shown on the most recent of your insurance schedule and renewal notice and any receipt we may send to you. When we make a total loss payment, the period of cover comes to an end.
Policy means this booklet and your policy schedule.
Your policy schedule comprises the notices we give you which show the particular details and the current status of your policy. These notices are the most recent of your insurance schedule and renewal notice, and any receipt we may send you.
Your insurance schedule sets out the information you have given us on which we have based our decision to insure you as well as the individual details of your policy. We will send you an updated insurance schedule whenever you advise us of a change in this information or these details.
Site. Those parts of the land at the insured address which are used for domestic or residential purposes
but not ‘common property’ which is land or areas that people as well as those living with you are entitled to use, for example common property in a multi-dwelling development.
Theft means actual or attempted theft and burglary.
You and
your mean the person or persons named as the insured on the most recent of your insurance schedule and renewal notice and members of your family.
Your family means the following people who normally live with you:
your spouse or partner,
your children, parents, grandparents, grandchildren,
brothers and sisters,
the children, parents, grandparents, grandchildren,
brothers and sisters of your spouse or partner.