(1) Subject to subregulation (3), an add - on home and contents insurance product is an add - on insurance product that provides insurance cover (whether or not the cover is restricted) in respect of the destruction of, or damage to:
(a) a building used, or intended to be used, principally and primarily as a place of residence (other than a building of a kind specified in subregulation (2)); and
(b) any of the following things on the site specified in the add - on insurance product as the site on which the building is situated (the relevant site ):
(i) out - buildings, fixtures or structural improvements used for purposes related to the use of the building;
(ii) fixed wall coverings, fixed ceiling coverings or fixed floor coverings (other than carpets);
(iii) services (whether underground or not) that are the property of a person insured under the add - on insurance product or that, under the add - on insurance product, the insured person is liable to repair or replace or pay the cost of repairing or replacing;
(iv) fences and gates wholly or partly on the relevant site; and
(c) the designated contents of the building and any out - building covered by subparagraph (b)(i).
(2) The following kinds of building are specified for the purposes of paragraph (1)(a):
(d) a building that:
(i) is in the course of construction; and
(ii) is being constructed by a person insured, or to be insured, under the add - on insurance product in the course of a construction business;
(e) a temporary building or structure or a demountable or moveable structure.
(3) An add - on insurance product is not an add - on home and
contents insurance product if the product is entered into, or proposed to be
entered into, for the purposes of a law (including a law of a State or
Territory) that relates to building or construction work.