17Prescribed contracts

#### 17 Prescribed contracts The following class of contracts of insurance is declared to be a class of contracts in relation to which Division 1 of Part V of the Act applies, namely, contracts that provide insurance cover (whether the cover is limited or restricted in any way) in respect of the insured person contracting a sickness or disease or a specified sickness or disease or sustaining an injury or a specified injury, where the insured or one of the insureds is a natural person, other than: (a) a life policy within the meaning of the Life Insurance Act 1995; (b) a continuous disability insurance contract incorporated within a life policy within the meaning of the Life Insurance Act 1995; (c) sickness and accident policies which are guaranteed ‘renewable’ at the option of the insured or where the insurer guarantees not to cancel the policy in response to a change in the risk where such a policy has been effected for a predetermined period of years in excess of one year; or (d) a contract that is included in a class of contracts that is declared by some other regulation to be a class of contracts in relation to which that Division applies.