Life Insurance Act 1995
224Claim under policy where policy document lost or destroyed
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224 Claim under policy where policy document lost or destroyed
If: (a) a person claiming to be the owner of a policy or claiming the benefit of section 211, 212 or 213 in respect of a policy: (i) claims that the original policy document is lost or has been destroyed; and (ii) gives to the company evidence of the loss or destruction that the company considers sufficient; and (iii) makes a claim under the policy or makes any other request or claim in respect of it that would result in the termination of the policy; and (b) the company liable under the policy: (ii) satisfies the claim or complies with the request; and (iii) records details of its action in the appropriate register kept under Division 8; the company is discharged from all liability to any person under the policy.