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Insurance Contracts Regulations 2017
In force
Administered by
Department of the Treasury
This item is authorised by the following title:
Insurance Contracts Act 1984
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F2017L01658
19 December 2017
-
25 March 2019
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Part 1—Preliminary
1 Name
2 Commencement
3 Authority
4 Definitions
5 Definition of consumer credit insurance
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Part 2—Disclosures and misrepresentations
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Division 1—Insured’s duty of disclosure
6 Eligible contracts of insurance
7 Duty of disclosure—written notice
8 Duty of disclosure—reminder notice
9 Duty of disclosure—oral notice
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Division 2—Remedies for non-disclosure and misrepresentations by insured
10 Prescribed rate of interest
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Division 3—Key Facts Sheets
11 Application of Division
12 What is a Key Facts Sheet?
13 Insurer’s obligation to provide Key Facts Sheet
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Part 3—The contract
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Division 1—Standard cover
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Subdivision A—Purpose of Division
14 Purpose of Division
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Subdivision B—Motor vehicle insurance
15 Prescribed contracts
16 Prescribed events
17 Minimum amounts
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Subdivision C—Home buildings insurance
18 Prescribed contracts
19 Prescribed events
20 Minimum amounts
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Subdivision D—Home contents insurance
21 Prescribed contracts
22 Prescribed events
23 Minimum amounts
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Subdivision E—Sickness and accident insurance
24 Prescribed contracts
25 Prescribed events
26 Minimum amounts
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Subdivision F—Consumer credit insurance
27 Prescribed contracts
28 Prescribed events
29 Minimum amounts
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Subdivision G—Travel insurance
30 Prescribed contracts
31 Prescribed events
32 Minimum amounts
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Division 2—Definition of flood
33 Prescribed contracts
34 Meaning of flood in prescribed contracts etc.
35 Meaning of small business
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Division 3—General provisions relating to insurance contracts
36 Classes of contracts of insurance in relation to which section 46 of the Act does not apply
37 Classes of contracts of insurance in relation to which section 53 of the Act does not apply
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Part 4—Claims
38 Interest on claims
39 Insurance for risks related to war and terrorism
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Part 5—Transitional matters
40 Things done under the Insurance Contracts Regulations 1985
41 References to provisions of the Insurance Contracts Regulations 1985
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Schedule 1—Writing to inform of duty of disclosure
Part 1—Contracts of general insurance, other than eligible contracts of insurance
Part 2—Contracts of life insurance
Part 3—Eligible contracts of insurance
Part 4—Renewal of eligible contracts of insurance
Schedule 2—Writing to inform persons to be insured by others
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Schedule 3—Writing to remind of duty of disclosure
Part 1—Contracts of general insurance, other than eligible contracts of insurance
Part 2—Contracts of life insurance
Part 3—Eligible contracts of insurance
Schedule 4—Words to inform of duty of disclosure for eligible contracts of insurance
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Schedule 5—Key Facts Sheets
Form 1—Home buildings insurance contract
Form 2—Home contents insurance contract