158d160b_y__Terms_and_Definitions___GIO__1
[0] New for old [2] Home & Contents Insurance [1] 
If your home is damaged beyond repair or your contents are damaged beyond repair or stolen and we decide to rebuild your home or replace your contents, we will rebuild or replace on a new for old basis, regardless of age. For further information on what ‘new for old’ means please refer to the Product Disclosure Statement (PDS).
Insurance Glossary, Terms and Definitions - GIO
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