Elders Insurance gives you the flexibility to insure your Building, or your Building and Contents. When you insure your Building, you can choose to insure for replacement value or indemnity value. When you insure your contents, they are automatically insured for replacement value (except for carpets, curtains, drapes and internal blinds more than 10 years old).
Your Building and Contents are also protected against accidental loss or damage of all kinds, other than those events specifically excluded in the policy wording. If we pay out for damage to the building and it cannot be lived in because of that damage, we will pay your loss of rent (for up to 12 months) until the damage is repaired, but the amount we pay for loss of rent will not be more than 10% of the sum insured on the building.