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INSURANCE CONTRACTS ACT 1984 - SECT 63 Cancellations of contracts of insurance void

INSURANCE CONTRACTS ACT 1984 - SECT 63

Cancellations of contracts of insurance void

  (1)   Except as provided by this Act, an insurer must not cancel a contract of general insurance.

  (2)   Except as provided by this Act or section   210 of the Life Insurance Act 1995 , an insurer must not cancel a contract of life insurance.

Note:   Section   210 of the Life Insurance Act 1995 deals with cancellation of a contract of life insurance because of non - payment of a premium.

  (3)   Any purported cancellation of a contract of insurance in contravention of subsection   (1) or (2) is of no effect.