In this Chapter,
unless the contrary intention appears —
accident insurance means insurance for any payment
agreed to be made —
(a) on
the death of any person only from accident or violence or otherwise than from
a natural cause; or
(b) as
compensation for personal injury;
contract of insurance has the meaning given in
section 208;
duty means duty under this Chapter;
financial services licensee has the meaning given
in the Corporations Act section 761A;
general insurance has the meaning given in
section 209;
general insurer has the meaning given in
section 214;
insurer means a person that writes general
insurance otherwise than as an intermediary of an insurer;
intermediary , of an insurer, means —
(a) a
representative of the insurer; or
(b) a
financial services licensee, that is not otherwise a representative of the
insurer, that arranges or effects insurance for or with the insurer;
interstate duty means duty chargeable in another
State or a Territory that is of a similar nature to duty under this Chapter;
life insurance means insurance provided under or
in accordance with a policy of insurance or assurance on any life or lives or
on any event or contingency relating to or depending on any life or lives,
other than a policy of accident insurance;
offshore risk insurance means any kind of
insurance that is applicable to —
(a)
property outside Australia; or
(b) a
risk, contingency or event concerning an act or omission that, in the normal
course of events, occurs outside Australia;
premium has the meaning given in section 211;
registered insurer means a general insurer that is
registered under section 218;
representative has the meaning given in the
Corporations Act section 910A.