When it comes to protecting your home, ANZ has a range of insurance products to match your needs.

Our insurance products make it possible for you to purchase your home with a deposit of as little as 5% of the property value, protect your mortgage repayments if your circumstances change and find peace of mind, knowing your home and contents are looked after.


Lenders Mortgage Insurance (LMI) is required if you are borrowing more than 80% of the property’s value. LMI protects the lender against non-payment or if you default on your residential property loan.

LMI also makes it possible for eligible customers to buy a home with a deposit as small as 5% of the property value.

How does it work?

LMI is a one-off fee paid by borrowers when they take out a home loan. Fees vary according to the amount borrowed and the size of your deposit.

In the event that the lender needs to sell their property and the proceeds do not fully repay the loan, the lender can make a claim for the difference from the insurer. In that case, the borrower is still legally liable to repay the insurer.

With an ANZ Family Guarantee, you may be able to avoid paying the premium for LMI.

Benefits of LMI

While LMI is primarily about protecting the lender there are also benefits for the borrower.

  • It allows buyers to buy a home sooner with a smaller deposit.
  • When trading up, it can increase your choice of properties by allowing you access to a wider price range.
  • It allows borrowers to retain some of their capital for other purposes - buying a car or investing in shares.

Mortgage Protection Insurance is designed to protect you, should anything happen that might affect your ability to repay your mortgage, such as losing your job, serious illness, disability or death.

With Mortgage Protection Insurance disability cover, your mortgage repayments can be covered for up to 30 months per claim if you suffer from illness or injury.

Furthermore, if you become involuntarily unemployed, Mortgage Protection Insurance can help you meet your repayments for up to 90 days per claim.

Further benefits of ANZ Mortgage Protection Insurance

  • Mortgage repaid in the event of death (up to $750,000).
  • Disability benefit of up to 120% of repayments, up to $7,500 per month, if you are unable to work due to sickness or accident, for up to 30 months per claim.

To apply for ANZ Mortgage Protection Insurance

Telephone icon Call 13 33 33 (8.30am - 7.30pm, Mon - Fri and 9am - 1pm Saturday AEST)

Visit branch icon Visit an ANZ branch.


Find out more about ANZ's Mortgage Protection Insurance.


For full details and terms and conditions please read the Product Disclosure Statement and Policy (PDF 307kB)

ANZ Mortgage Protection is issued by OnePath Life Limited ABN 33 009 657 176 (OnePath Life) and QBE Insurance(Australia) Limited ABN 78 003 191 035 (QBE). OnePath Life insures the life benefit; QBE insures the Disability and Involuntary Unemployment benefits. Australia and New Zealand Banking Group Limited ABN 11 005 357 522 (ANZ) recommends you read the Product Disclosure Statement (PDS) and Policy, which are available from any ANZ branch, before deciding to acquire or hold the product. In arranging this insurance, ANZ is operating under an agreement with OnePath Life and QBE. We are an authorised deposit taking institution (bank) under the Banking Act 1959 (Cth). OnePath Life is owned by ANZ – it is the co-issuer of the product (along with QBE Insurance (Australia) Limited ABN 78 003 191 035 AFSL 239545) but it is not a bank. Except as set out in the issuer's contract terms (including the PDS), this product is not a deposit or other liability of ANZ or its related group companies. None of them stands behind or guarantees the issuers. ANZ receives a commission of 20% less government charges of premiums you pay. ANZ receives this payment at the end of the month you make your premium payment.

Protect your home inside and out with ANZ’s Home and Contents Insurance.

More cover than you might expect

As many as 4 out of 5 people1 who have buildings insurance, don't have enough cover to guarantee their replacement home will be equivalent of their current home. And, many people don't realise they are underinsured, until it's too late. ANZ Home Insurance provides you with peace of mind in knowing that if your home is destroyed2, your rebuilding costs will be covered.

We will ensure the insurance cover for your home is for the right amount. And, if prices go up and it costs more than we thought to replace your home, we guarantee to cover all building costs2, even if new building codes increase the cost.

Talk to us today. Call 13 16 14 or click for a call back.

What’s covered?    

  • Full 'new for old' building replacement, including cover for:
    • professional and legal fees
    • demolition and removal of debris
    • alternate temporary accommodation
  • New for old contents replacement regardless of age
  • Accidental damage and loss for your contents in and outside the home (Australia and New Zealand wide)
  • Accidental glass breakage and impact damage
  • Electrical motor burnout and power surge
  • Theft of cash and belongings for you and your visitors
  • Natural events (except flood)
  • Choice of excess to suit your needs
  • Pay by the month at no extra cost
  • Earn Bonus Reward Points by paying with your ANZ Frequent Flyer or ANZ Rewards card
  • 24 hour, 7 days insurance claims assistance service.

Be happy about being over 50

Once you hit the magic age, you're eligible for a fantastic suite of extras with both our buildings and contents insurance cover at no extra cost. In fact, if you're 50 when you take out your home insurance or renew it, you'll not only enjoy these special bonuses, you'll pay 10% less.

Unique benefits:

  • Fracture to limbs at home
  • Travel cancellation (with buildings cover only).

Increased benefit limit on:

  • Funeral expenses
  • Modifications to your buildings (with buildings cover only)
  • Veterinary expenses (with contents cover only).

Be rewarded every six months

When you take out or renew two or more eligible3 ANZ Insurance policies we will reward you every six months with cash rebates (buildings and contents count as two policies). Depending on how long you stay with us, you could get back up to 15% of your annual premium.

If you'd like to know more about how the rebates work, talk to staff at any ANZ branch or call ANZ Insurance on 13 16 14.

We wish we could keep you safe no matter what. Please check out our ANZ Home Insurance Product Disclosure Statement (PDF 844kB) for full details of what we can cover you for and what we can't.

1 ASIC, Report 54, Getting home insurance right, A report on home building underinsurance, September 2005
2 If destroyed by an insurable event
3Eligible policies are ANZ Home Insurance - buildings cover, ANZ Home Insurance - contents cover, ANZ Landlord Insurance and ANZ Car Insurance. Cash rebates only apply to eligible products issued by OnePath General Insurance Pty Limited and QBE Insurance (Australia) Limited. Rebate periods are the six month period starting on 1 October and 1 April each year. 

ANZ Home Insurance is co-issued by OnePath General Insurance Pty Limited (ABN 56 072 892 365, AFSL 288160) (OnePath GI) and QBE Insurance (Australia) Limited (ABN 78 003 191 035, AFSL 239545) (QBE). We are an authorised deposit taking institution (bank) under the Banking Act 1959 (Cth). OnePath GI is owned by ANZ – it is the co-issuer of the product (along with QBE Insurance (Australia) Limited ABN 78 003 191 035 AFSL 239545) but it is not a bank. Except as set out in the issuer's contract terms (including the PDS), this product is not a deposit or other liability of ANZ or its related group companies. None of them stands behind or guarantees the issuer. ANZ receives commission of 20 per cent of the net premium within 3 months from the co-issuers but is not acting as your agent. The information provided is general in nature only and does not take into account your personal needs and financial circumstances and you should consider whether this ANZ Home Insurance is appropriate for you by reading the Product Disclosure Statement before acquiring or continuing to hold ANZ Home Insurance, which is available by visiting any ANZ branch, calling 13 16 14 or visiting www.anz.com.


How to apply

Call us on 1800 100 641

Send us an enquiry

Call us on 1800 100 641
8:00am to 9:30pm (AEST) Monday to Friday,
8:00am to 4:30pm (AEST) Saturdays and Sundays.


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