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Division Life insurance - Financial Sector (Collection of Data) (reporting standard) determination No. 36 of 2018 - Life insurance | Zoe

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Home/Legislation/Financial Sector (Collection of Data) (reporting standard) determination No. 36 of 2018/Life insurance

CTHRepealedLegislation

Financial Sector (Collection of Data) (reporting standard) determination No. 36 of 2018

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. 36 of 2018.

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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 (Cth).

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 (Cth).

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