344MAI insurer may recover $2 000 if MAI premium fraud

344 MAI insurer may recover $2 000 if MAI premium fraud (b) the MAI insured person deliberately avoided paying the correct MAI premium for the MAI policy by making a statement in relation to the issue of the policy that the MAI insured person knew was false or misleading in a material particular. (2) The MAI insurer may recover as a debt from the MAI insured (a) if the costs reasonably incurred by the MAI insurer for an application for defined benefits, or a motor accident claim, in relation to the motor accident are not more than $2 000—the total of the amount paid and costs incurred; or

MAI insurers Division 6.10.2 (b) if the costs reasonably incurred by the MAI insurer for an application for defined benefits, or a motor accident claim, in relation to the motor accident are more than $2 000—$2 000 or another amount prescribed by regulation. Note 1 An MAI policy insures against the risk of liability for personal injury Note 2 Costs include reasonable and necessary treatment and care (see s 341). Note 3 It is an offence to make a false or misleading statement, give false or