Bushfires, storms, storm surges, floods, tsunamis in the first 72 hours of cover

What’s not covered?

Loss, damage, or liability in connection with a bushfire, storm, storm surge, flood or tsunami in the first 72 hours of cover.

But we will cover these events if this policy began on the same day:

you become the owner of the home or unit;
that another policy covering the home or contents expired or was cancelled - but not when you cancelled the policy before its expiry date, and only up to the sums insured covered under the expired or cancelled policy (any increase in sums insured will not be covered for these events for the first 72 hours specified).