Media releases

Contents insurance wins top award for second year in a row

 

20 October 2011

Contents insurance available through Westpac, St.George, BankSA and Bank of Melbourne has again been awarded a 5-star rating and taken out the Canstar Cannex National Award for Outstanding Value Contents Insurance.

BT Financial Group, which is the wealth management arm of the Westpac Group, manufacturers the contents insurance.

Canstar Cannex described the contents insurance as “highly competitive” with a strong national focus. It also noted the strength of its product benefits including covering all types of flood and storm damage, the ability for customers to pay monthly at no extra cost, generous cover limits and new-for-old replacement.

It is the second year in a row that the contents insurance has won the Award and the second year in a row that it has won the state award for Best Contents Insurance in Queensland. This year it also won Western Australia and picked up Victoria, where the Bank of Melbourne was recently launched.

BT Financial Group’s Head of General Insurance, Jim Glossat, said the Award was especially pleasing given that it was the second year in a row that the contents insurance had won the national award.

"Our focus is to provide our customers with a quality insurance product that they can count on. We are delighted to receive this important recognition in addition to the positive response we’ve had from customers during the year."

About Canstar Cannex star ratings

Canstar Cannex star ratings provide consumers with a quick and effective way to compare financial products based on price and features. For more information go to www.canstar.com.au.