(1) This division applies to a contract of general
insurance that insures either or both of the following—
(a) property in
Queensland as well as property in another State;
(b) a risk, contingency or
event about an act or omission that in the normal course of events may happen
wholly or partly in Queensland as well as wholly or partly in another State.
(2) Also, this division applies to a contract of life insurance that insures
lives, or any event or contingency relating to or depending on lives, of
persons resident in Australia, at least one of whom has a place of residence
in Queensland when the policy effecting the insurance is issued.
