Commonwealth Numbered Regulations

INSURANCE CONTRACTS REGULATIONS 2017 (F2017L01658) - SCHEDULE 3

Note:       See section 8.

Part 1 -- Contracts of general insurance, other than eligible contracts of insurance

Reminder--your duty of disclosure

You have previously been given a notice informing you of your duty of disclosure in relation to a general insurance contract.

This is a duty to tell us about anything that you know, or could reasonably be expected to know, may affect our decision to insure you and on what terms.

You have this duty until we agree to insure you.

Part 2 -- Contracts of life insurance

Reminder--your duty of disclosure

You have previously been given a notice informing you of your duty of disclosure in relation to a life insurance contract.

This is a duty to tell us about anything that you know, or could reasonably be expected to know, may affect our decision to insure you and on what terms.

If the contract is for insurance of the life of another person, and that person does not tell us about anything that he or she knows, or could reasonably be expected to know, may affect our decision to provide the insurance and on what terms, this may be treated as a failure by you to tell us something that you must tell us.

You have this duty until we agree to provide the insurance.

Part 3 -- Eligible contracts of insurance

Reminder--your duty of disclosure

You have previously been given a notice informing you of your duty of disclosure in relation to an eligible contract of insurance.

This is a duty to tell us, in response to our questions, anything that you know, and that a reasonable person in the circumstances would include in answering the questions.

You have this duty until we agree to insure you.