TYPES OF INSURANCE

There are many general insurance products on the market. General insurance is broadly defined as non-life insurance policies.

Products vary between companies, and consumers should always read their Product Disclosure Statement (PDS) before they purchase cover. Consumers should always purchase cover appropriate to their level of risk.

The six main forms of general insurance are: Home and Contents Insurance, Motor Vehicle Insurance, Business Insurance, Mortgage Loss Insurance/Lender's Mortgage Insurance/ Mortgage Protection Insurance, Workers Compensation and Travel Insurance.

There is no one product that is appropriate for everyone. Consumers should shop around to ensure the product they choose is appropriate to their situation and level of risk.

There are many other types of general insurance products offered by Australian insurance companies, these general insurance products offered include:

  • Aircraft
  • Bond
  • Construction
  • Consumer Credit
  • Compulsory Third Party Insurance (CTP)
  • Cyber Risk
  • Defamation
  • Engineering
  • Extended Warranty
  • Farm, Crop and Livestock
  • General Property, Home and Contents
  • Home Warranty and Lenders Mortgage
  • Pet Insurance
  • Product Recall
  • Professional Indemnity
  • Public and Products Liability
  • Strata
  • Travel
  • Marine Insurance
  • Medical Indemnity Insurance
  • Motor Vechicle
  • Workers' Compensation
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