HCF has unveiled new home and motor insurance products in collaboration with Allianz.
This expansion includes a variety of home and car insurance options designed to offer comprehensive coverage and flexibility.
“Our launch of the new home and motor range represents a continued focus on delivering more value for HCF members through high-quality products, to suit their budget and lifestyle needs and help them safeguard against the unexpected,” said Lorraine Thomas, chief operating officer at HCF.
A national survey conducted for HCF, involving over 1,000 Australian insurance policyholders, highlighted the need for affordable and adaptable insurance solutions.
The survey revealed that 95% of Australians aged 25 and above prioritise affordable insurance coverage, with 91% valuing insurance products that can adjust to their changing needs. Furthermore, 78% of respondents expressed a preference for bundling multiple insurance products with the same provider.
“We know amid cost-of living pressures consumers are making necessary budget decisions such as cutting back on car journeys to save on fuel and working more days a week from home. The new car and home products prioritise affordability and value for our members, giving them the ability to tailor their cover as their needs and budgets change,” Thomas said.
The new insurance options enable HCF members to manage all their insurance needs, including health, life, travel, pet, home, and motor, under one provider.
“We’re delighted to expand on our partnership with Allianz to deliver these new products, giving our members the peace of mind and convenience of managing all their health and insurance needs with HCF,” Thomas said.
Members with existing policies can access additional offers, enhancing value and simplifying the process of insuring their homes and vehicles.
Dan Tully, general manager consumer partners at Allianz Australia, said the partnership reflects the company’s commitment to delivering reliable and trustworthy insurance solutions to Australians.
“We’re excited to work together to create value for HCF members through tailored insurance solutions and a dedicated and seamless claims experience that helps members get back on the road or in their homes quicker,” he said.
HCF’s home Insurance provides coverage for buildings, contents, or both, with options for customisation. The motor insurance includes comprehensive and third-party insurance options, ensuring members have appropriate coverage for their vehicles.
The launch of the new products follows the introduction of HCF’s new campaign that emphasises its members’ personal experiences.
Allianz Australia was awarded as the Most Innovative Insurance Companies in Australia and New Zealand. Read the 5-Star Insurance Innovators report here.
