Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry – Policy Questions from Module 6 (Insurance)
Consumer Action Law Centre has published its submission to the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry responding to the key policy questions posed by the Commission in the Module 6 hearings on insurance.
Our recommendations cover key areas of reform required in the insurance sector, including:
- Product design
- Add-on insurance
- Claims handling
- Insurance in superannuation
- Compliance and breach reporting