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Home/Legislation/Financial Sector (Collection of Data) (reporting standard) determination No. 26 of 2019/Life insurance

CTHIn ForceLegislation

Financial Sector (Collection of Data) (reporting standard) determination No. 26 of 2019

Life insuranceLife insurance

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Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 26 of 2019.

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Life insurance

Life insurance companies must be registered with APRA. They offer insurance for death or disability and also offer investment and superannuation products.

Include:

benefit fund friendly societies that are regulated under the Life Insurance Act 1995.

Exclude:

insurance companies offering house, car and marine insurance (these are general insurance companies); and
health benefit funds of friendly societies that are regulated under the National Health Act 1959.

Previous sectionRegistered Financial Corporations (RFCs)Registered Financial Corporations (RFCs)

Next sectionPension fundsPension funds

Subdivision Life insurance - Financial Sector (Collection of Data) (reporting standard) determination No. 26 of 2019 - Life insurance | Zoe