Supplementary Submission: Unfair Contract Terms – Insurance Contracts
The supplementary submission to the Treasury on the Unfair contract terms – insurance contracts Position Paper was prepared by the Law Council.
On the 27 August 2018, the Law Council provided a submission to the Treasury covering a range of matters falling within this inquiry. The Law Council now seeks the opportunity to add additional comments, from the National Insurance Lawyers Group of the Legal Practice Section (the Committee), which the Law Council considers important to the inquiry.
The Committee welcomes the opportunity to provide comments on the Position Paper. The Committee makes submissions on the following Key Elements of the Proposed Model set out below. The Committee otherwise considers that the remainder of the proposals, which raise practical/operational issues, should be the subject of further consultation with the insurance industry.
You can read the full submission below.