Consultation Paper - Reforming Flood Insurance: Clearing the Waters |
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Date: |
Tuesday, 5 April 2011 | ||
Content ID: |
1995 | ||
Abstract: |
Experience with the recent natural disasters has highlighted issues with consumer understanding of insurance policies and the different approaches taken by insurance companies on coverage for water damage, including flood. Preliminary consultations by the Government about those issues have resulted in two proposals designed to address those issues by providing greater clarity:
The Assistant Treasurer and Minister for Financial Services and Superannuation has released a paper that seeks feedback on the proposals. Making a submissionInterested parties are invited to comment on the paper. While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted. All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment. Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission. Closing date for submissions: Friday, 13 May 2011 Address written submissions to: Email: icareview@treasury.gov.au For enquiries, please call Andrew Sellars (02) 6263 3224. |
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Documents Available: |
 Acrobat (PDF)Consultation Paper 1,368.12kb Microsoft Word (RTF)Consultation Paper 8,649.91kb |
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