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The Mutual Bank’s Home Buildings and Contents Standard policy lists cover for events such as fire, flood or rainwater run-off, storm, theft and escape of water. Its key trade-off against Plus is that Standard provides 12 months of temporary accommodation, while Plus provides up to two years and an additional 25% building safety net. The policy is issued by Insurance Australia Limited under the CGU brand and distributed by The Mutual Bank. Whether it fits your property depends on the current policy terms, your selected cover and your sum insured.
Who provides and distributes the insurance?
The Mutual Bank distributes the insurance under an agreement; Insurance Australia Limited is the issuer, and the policy is under the CGU brand. The bank describes its online information as general advice and directs customers to the Product Disclosure Statement (PDS) and Target Market Determination (TMD) before deciding. Read those documents alongside your Certificate of Insurance, which records the cover actually selected.
The official overview is available on The Mutual Bank’s Building & Contents Insurance page. The PDS, TMD and certificate—not a short product summary—are where you should confirm conditions, exclusions, limits and excesses.
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1Clear out junk files and repair common Windows errors2Scan for outdated or missing drivers - takes under a minute3Repair Windows errors before they cause bigger problemsWhat does Standard cover?
The product page describes repair or rebuilding for covered damage up to the applicable sum insured. Its comparison lists the following event categories, subject to policy terms, limits, exclusions and excesses:
#1 Best Overall
- Read Before You Buy — No Video Output: These adapters support charging and USB 2.0 data transfer, but cannot transmit video signals. Except for standard USB webcams (which use USB data only), they are not compatible with HDMI/DisplayPort cables, video-capable USB-C hubs, or docking stations with video output.
- Convert USB-A Ports to USB-C: Designed to connect USB-C earphones, cables, flash drives, card readers, and other USB-C accessories to standard USB-A ports. Plug-and-play with no drivers or software required.
- Aluminum Alloy Housing: Built with a sturdy aluminum alloy shell that aids in heat dissipation and protects against daily wear and scratches. Designed to maintain a stable and secure connection.
- Compact & Travel-Friendly: The ultra-compact design allows the adapter to stay plugged into your device without blocking adjacent ports or adding bulk, reducing wear and tear on your original USB ports.
- 12-Month Warranty: Backed by a 12-month manufacturer warranty for peace of mind. Designed to meet strict quality control standards for reliable everyday performance.
- Accidental breakage of glass and animal damage
- Earthquake, explosion, fire, lightning and impact
- Escape of water or liquid
- Flood or rainwater run-off, storm, storm surge or tsunami
- Riot or civil commotion
- Theft or attempted theft
These are categories, not a guarantee that every incident involving one of them will be accepted. The PDS definitions and exclusions determine how an event is treated. In particular, the product page says CGU does not cover actions of the sea, such as tides and waves. That exclusion matters when interpreting the listed categories of flood, storm surge and tsunami: check the exact definitions and circumstances in the PDS rather than treating all water-related damage as covered.
Contents away from home
The product page says cover may apply to portable contents items listed under the policy when taken outside the home. The stated limit is up to $10,000 per item unless the item is separately listed for a higher amount. Geographic restrictions apply outside Australia and New Zealand, and some items are excluded while in use. Check the PDS and your certificate for the items insured, applicable limits and exclusions.
Rank #2
- 5-in-1 USB-C Hub: Experience comprehensive connectivity featuring a Power Delivery input, two USB-A 2.0 ports, a USB-A 3.0 port, and an HDMI port. (Note: The USB-C power delivery input port is only for connecting an external wall charger to power your laptop and cannot power peripheral devices.)
- 90W Pass-Through Charging: Achieve optimal charging with 90W pass-through power to your laptop, supported by a total input of 100W, with the hub reserving 10W for operational efficiency. (Note: Wall charger not included.)
- Quick Data Transfers: Accelerate your productivity with rapid data transfers using a high-speed 5Gbps USB 3.0 port and two 480Mbps USB 2.0 ports.
- 4K HDMI Display: Enhance your visual experience with a hub capable of delivering 4K resolution at 30Hz in both mirror and extend modes. Please note that this hub is compatible with MacBook (macOS 12 and newer), Windows 10 and 11, ChromeOS, and laptops equipped with DP Alt Mode and Power Delivery. Note: This device is not compatible with Linux.
- What You Get: Anker USB-C Hub (5-in-1, 4K HDMI), welcome guide, 18-month warranty, and our friendly customer service.
Motors and other item conditions
The page says motors can be covered if they are up to 15 years old, not under warranty and not used in a business. Confirm how the policy applies to the particular item and loss before relying on this summary.
What is different about Plus?
The Mutual Bank’s comparison distinguishes Standard and Plus on several meaningful points. These are product-page descriptions; confirm the selected cover and current terms in the PDS and Certificate of Insurance.
Rank #3
- Sleek 7-in-1 USB-C Hub: Features an HDMI port, two USB-A 3.0 ports, and a USB-C data port, each providing 5Gbps transfer speeds. It also includes a USB-C PD input port for charging up to 100W and dual SD and TF card slots, all in a compact design.
- Flawless 4K@60Hz Video with HDMI: Delivers exceptional clarity and smoothness with its 4K@60Hz HDMI port, making it ideal for high-definition presentations and entertainment. (Note: Only the HDMI port supports video projection; the USB-C port is for data transfer only.)
- Double Up on Efficiency: The two USB-A 3.0 ports and a USB-C port support a fast 5Gbps data rate, significantly boosting your transfer speeds and improving productivity.
- Fast and Reliable 85W Charging: Offers high-capacity, speedy charging for laptops up to 85W, so you spend less time tethered to an outlet and more time being productive.
- What You Get: Anker USB-C Hub (7-in-1), welcome guide, 18-month warranty, and our friendly customer service.
| Feature | Standard | Plus |
|---|---|---|
| Building safety net | No additional 25% safety net is listed for Standard | Additional 25% on top of the building sum insured for rebuilding or repair |
| Temporary accommodation | 12 months | Up to two years |
| Accidental damage | Optional | Included as indicated in the comparison |
| Electrical motor burnout | Optional | Included as indicated in the comparison |
| Food spoilage and landscaping | Lower limits than Plus, according to the comparison | Higher limits for some inclusions, including food spoilage and landscaping |
The page does not provide comparable premiums, so it does not support a price or value ranking. The options also do not replace checking policy limits, excesses and settlement terms for your circumstances.
How much temporary accommodation is included?
The product comparison lists 12 months for Standard and up to two years for Plus. The amount payable, qualifying circumstances and any other limits or conditions should be checked in the current PDS and Certificate of Insurance; the duration alone does not establish how a particular claim will be settled.
Rank #4
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- Next-Level 10Gbps & 3A Charging: No more slow 480Mbps, this usb to usb c adapter has a transfer speed of up to 10Gbps, allowing you to do more transferring in less time. This usb adapter fits both USB A and USB C charger, supporting up to 3A fast charging
- Upgraded Exquisite Craftsmanship: With an aluminum alloy housing and metal connector, the usbc to usb adapter is extremely durable and sturdy. Rigorously tested to withstand more than 10,000 times of plugging and unplugging, ensuring long-lasting performance
- Broad Compatible: The usb c to usb adapter widely supports all USB C/ USB A devices like laptops, tablets, cellphones, car chargers, and phone chargers. Such as compatible with MacBook Pro/Air 2023/2022, Thunderbolt 4/3 Devices,Apple MagSafe Watch 9/8/7/SE/Ultra, iPad Pro 2022/2021, Samsung Galaxy S23/S20/S10, and iPhone 17/16/15 Pro. Plug and play
- Please Note: To reach 10Gbps speed, keep the cable under 3.3 ft. For USB A Male to USB C adapters, try flipping the USB C connector. USB C Male to USB A adapters support bidirectional 10Gbps transfer within 3.3 ft
How should you choose a sum insured?
The Mutual Bank says selecting the sum insured is the customer’s responsibility and that its online calculator is a guide. For buildings, consider the cost to repair or rebuild rather than relying only on the property’s market price. For contents, work through what you would need to replace and check whether valuable individual items need to be specified separately. Confirm the basis and limits in the PDS and certificate.
Also establish whether strata or landlord arrangements already insure any part of the building or contents. The answer can depend on the property type and ownership arrangement, so do not assume this combined policy duplicates—or replaces—other cover.
Best Value
- 5-in-1 Connectivity: Equipped with a 4K HDMI port, a 5 Gbps USB-C data port, two 5 Gbps USB-A ports, and a USB C 100W PD-IN port. Note: The USB C 100W PD-IN port supports only charging and does not support data transfer devices such as headphones or speakers.
- Powerful Pass-Through Charging: Supports up to 85W pass-through charging so you can power up your laptop while you use the hub. Note: Pass-through charging requires a charger (not included). Note: To achieve full power for iPad, we recommend using a 45W wall charger.
- Transfer Files in Seconds: Move files to and from your laptop at speeds of up to 5 Gbps via the USB-C and USB-A data ports. Note: The USB C 5Gbps Data port does not support video output.
- HD Display: Connect to the HDMI port to stream or mirror content to an external monitor in resolutions of up to 4K@30Hz. Note: The USB-C ports do not support video output.
- What You Get: Anker 332 USB-C Hub (5-in-1), welcome guide, our worry-free 18-month warranty, and friendly customer service.
What should you check before deciding?
- Read the current PDS and TMD. Use the disclosures linked from The Mutual Bank’s official product page to check eligibility, definitions, exclusions, excesses, claim settlement terms and limits.
- Check your certificate. Confirm whether your cover is Standard or Plus, the selected sum insured, optional cover chosen and any separately listed items.
- Match the policy to the property. Consider its location and type, likely repair or replacement costs, and any cover held through strata or a landlord.
- Check the specific risks and limits that matter to you. Pay particular attention to water-related definitions and the actions-of-the-sea exclusion, temporary accommodation conditions, portable contents restrictions and sublimits.
- Compare complete quotes if price matters. The public overview does not state premiums, and a meaningful comparison requires quotes for the same property, cover and sums insured.
What does the independent listing establish?
CHOICE has a public listing for The Mutual Bank Home Contents Standard for strata owners. It identifies Insurance Australia Limited as provider and gives selected details for that contents-only product, including temporary accommodation up to 12 months or 20% of the contents sum insured, debris removal up to 10%, and spoiled food up to $500. It says portable contents cover is optional and sets out geographic and item limits. These details belong to that strata-owner contents listing; they should not be substituted for the PDS of the combined buildings-and-contents policy. CHOICE’s expert rating, cover score, price score and customer satisfaction results are member-only on the accessible listing. See CHOICE’s listing.
Quick Recap
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
