Rating: 5/5
Introduction
CUA Insurance's history can be traced to a few small credit unions in the 1940s. Through numerous changes they became Credit Union Australia in 1980. CUA is Australia's largest customer-owned financial institutions. I went to the "About Us" tab on the website where I checked a few things out. First they show you pictures and backgrounds of all their board members. They do the same with their executive management team. I found this refreshing as you can put a face with who you are talking to. Almost everything about CUA is available for viewing from how they are set up to their ethics statement.
For reviews of other insurance companies similar to this one, you should also check out NAB Insurance Reviews, HBF Insurance Reviews and Insurance Reviews.
Features and Coverage
Now let's see what they have to offer us. They have all the regular types of insurance such as Home, Vehicle, Travel, Life and Landlord Insurance. CUA mentions that no matter how well you plan, you can't cover everything. We know, something unexpected will happen and that's what insurance is for. Let's take a look.
- Home and Contents Insurance - You have the choice of a buildings policy, contents policy or a combined building and contents policy. Whichever suits your situation or budget. They also offer special valuables policies. There is liability cover up to $20 million. There are easy to compare side by side charts so you can see what each policy offers you.
- Landlords Insurance - Some of the features are; deliberate or intentional acts by tenants, or vandalism or malicious acts by tenants. Up to $20 million in liability cover.
- Car Insurance - CUA offers the three standard plans such as; Comprehensive, Third Party and Third Party Fire and Theft. Choice of annual or monthly premium payments and up to $30 million in liability cover. There are the same easy to compare side by side charts so you can see what each policy offers you as with the Home Insurance.
