Allianz Worldwide Partners (AWP) has teamed up with Queensland water supplier Unitywater to offer water-related insurance to customers in the Moreton Bay, Sunshine Coast and Noosa areas.

The partnership is for five years and products include concealed leak protection insurance and emergency home assistance.

AWP CEO Craig Dalzell says the cost of concealed leaks can be high.

“We hope this partnership will provide residents with better assistance and insurance options should they experience a problem in the future,” he said.