INSURANCE CONTRACTS ACT 1984 - SECT 11AB Consumer insurance contracts
INSURANCE CONTRACTS ACT 1984 - SECT 11AB
Consumer insurance contracts(1) For the purposes of this Act, a contract of insurance is a consumer insurance contract if the insurance is obtained wholly or predominantly for the personal, domestic or household purposes of the insured.
(2) A contract of insurance is also a consumer insurance contract if:
(a) it is for new business; and
(b) the insurer, before the contract is entered into, gives the insured a written notice stating that the contract is a consumer insurance contract.
(3) If it is alleged in a proceeding in relation to a contract of insurance that the contract is a consumer insurance contract, it is presumed that the contract is a consumer insurance contract unless the contrary is established.