Insurance

New anti-churning rules introduced

Tuesday 29th of June 2010

The Investment Savings and Insurance Association (ISI) chief executive Vance Arkinstall says sadly there are cases where existing policies have been replaced and several years down the track when a claim arises it is found that the new policy doesn't provide the cover expected.

He says the new Business Replacement Rules and Reinstatement guidelines aim to provide increased transparency a...

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