Types of insurance covered
Nearly all types of general insurance are covered by the Code of Practice. These include:
- motor vehicle (comprehensive and third-party property)
- home building
- home contents
- sickness and accident
- consumer credit
- travel insurance
- personal and domestic property
Types of insurance NOT covered
The only types of general insurance not covered by the Code are reinsurance (insurance for insurers) and insurance that has specific rules under government statute, such as workers compensation, marine insurance, medical indemnity insurance and motor vehicle injury insurance.
Life and health insurance are not included. These products are governed under different laws and regulations.