NSWIn ForceAct
Home Building Act 1989
104EInsurance Guidelines relating to alternative indemnity products
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#### 104E Insurance Guidelines relating to alternative indemnity products
104E Insurance Guidelines relating to alternative indemnity products
> > (1) The Authority may issue Insurance Guidelines with respect to the following matters—
> >
> > > (a) the requirements for approval of an alternative indemnity product,
> >
> > > (b) the determination of premiums or other charges for provision of cover by means of alternative indemnity products, including any matter of a kind specified in section 103BD(2),
> >
> > > (c) appropriate market practices or claims handling procedures (or both) in connection with the provision of alternative indemnity products by a licensed provider,
> >
> > > (d) prudential standards and the application of those standards to licensed providers,
> >
> > > (e) alternative indemnity products, including eligibility requirements for obtaining cover and underwriting of products,
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> > > (f) the review of compliance with any such eligibility requirements.
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> > (2) An Insurance Guideline issued for the purposes of this Act in relation to a provider or an alternative indemnity product may be referred to as an AIP Guideline.
>
> **ss 104C–104E:** Ins 2017 No 28, Sch 1 \[60\].