The insurance industry operates under a General Insurance Code of Practice directed at standards and consumer protection and other legislation covering the contents of insurance policies and standard cover for some domestic insurance policyholders. Insurance marketing and selling practices have been reformed by financial services legislation.


Mark Attard

Partner, Clyde & Co.

Introduction to insurance

The information in this chapter is about domestic insurance, which includes:

  • motor vehicle insurance;
  • home building and home contents;
  • sickness and accident;
  • consumer credit;
  • travel and personal insurance; and
  • domestic property insurance.

The chapter does not deal with contracts of re­insurance, health insurance or life insurance, marine insurance, workers compensation or compulsory third-party (personal injury) motor vehicle insurance.

Back to
Accidents, insurance and compensation

Buy the chapter ‘Insurance’