AMP are listening to the market and are changing the way we insure homes. It's called SumExtra and it gives you peace of mind knowing that you shouldn't have to settle for less if your home is damaged or destroyed.

Full repair or replacement

If the loss to your home is caused by a fire or other non-natural disaster event, with SumExtra benefit you are covered for the full cost of repair or replacement of your home, even if the cost exceeds your sum insured.


Up to 10% extra cover for natural disasters

If your home is damaged or destroyed in a natural disaster or fire casued by natural disaster and your sum insured is not enough to pay for the repair or rebuild, with SumExtra you will receive up to 10% extra

So what do you need to do to get SumExtra?

It is essential that you set a sufficient Sum Insured value for each of your homes. This is the maximum value you will receive at claim time in the event that it is totally destroyed. To check this sum insured value is sufficient and to be eligible for SumExtra, you need to obtain a written rebuild cost estimatte for each home from either:

  • The independent, free online Cordell Calculator at or
  • A suitable qualified professional like a quantity surveyor or registered valuer who you pay

You wil need to make sure your sum insured is at least the value of your rebuild cost estimate. If yours is sufficient or you already have an esitmate that matches your sum insured and the estimate is less than 3 years old, you dont need to do anything other than keep a copy for your records and send a copy to your Adviser. If it's not, then simply contact your Adviser on 06 8343 408 to update your sum insured amount and SumExtra is automatically yours upon the receiving of your valuation print out from the Cordell Calulator or Registerred Valuer.

Please do not hesitate in contacting the Adviser or our support staff should you have any queries regarding this.