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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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