Commonwealth Consolidated Regulations

INSURANCE CONTRACTS REGULATIONS 1985 - REG 3

(1)

The form of writing that may be used to inform an insured of the matters mentioned in subsection 22 (1) of the Act is:

(a)

for a contract of general insurance that is not an eligible contract of insurance — the form set out in Part 1 of Schedule 1; and

(b)

for a contract of life insurance — the form set out in Part 2 of Schedule 1; and

(c)

for an eligible contract of insurance — the form set out in Part 3 of Schedule 1.

(2)

The words that may be used to inform an insured orally of the matters mentioned in subsection 22 (1) of the Act for an eligible contract of insurance are set out in Schedule 2.

Note    Section 69 of the Act provides for the circumstances in which information that is required by other provisions of the Act to be given in writing may be given orally.