Commonwealth Consolidated Regulations

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INSURANCE CONTRACTS REGULATIONS 1985 - REG 28

Minimum amounts

(1)
Subject to these Regulations, for the purposes of section 34 of the Act, the minimum amount in respect of a claim made under a contract referred to in regulation 25, being a claim that arises out of an event referred to in paragraph 26 (a) or (b), is declared to be the amount sufficient to indemnify the person who made the claim in respect of his or her loss or damage.

(2)
Subject to these Regulations, for the purposes of section 34 of the Act, the minimum amount in respect of a claim made under a contract referred to in regulation 25, being a claim that arises out of an event referred to in paragraph 26 (c), is declared to be the amount sufficient to indemnify the person who made the claim in respect of the reasonable cost of:

(a)
the funeral or cremation; or

(b)
transporting the remains of the deceased person to the deceased's former place of residence.

(3)
Subject to these Regulations, for the purposes of section 34 of the Act, the minimum amount in respect of a claim made under a contract referred to in regulation 25, being a claim that arises out of an event referred to in paragraph 26 (d), is declared to be the amount sufficient to indemnify the person who made the claim in respect of the reasonable cost of:

(a)
medical, surgical, hospital, ambulance and nursing home charges; and

(b)
other medical treatment;

incurred during the specified journey as a result of the sickness, disease or injury.

INSURANCE CONTRACTS REGULATIONS 1985
Division 7 Limits on minimum amounts


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