CP 339 Implementing the Royal Commission recommendations: The deferred sales model for add-on insurance

Released 11 March 2021. Comments closed 23 April 2021.

This consultation paper seeks feedback on ASIC’s proposed approach to implementation of the deferred sales model for add-on insurance.

We are seeking the views of interested stakeholders, including industry and consumers, on our proposals for guidance on complying with the deferred sales model, our approach to the granting of exemptions, and the content, form and manner of provision of the prescribed information that must be given to a customer before the deferral period starts.

Download

• Consultation Paper 339 (PDF 474 KB)
• Attachment 1 to CP 339: Draft Regulatory Guide 000 The deferred sales model for add-on insurance (PDF 770 KB)
• Attachment 2 to CP 339: Data template for applications for exemption from the deferred sales model (Excel 89 KB)

Related documents

• 21-043MR ASIC consults on implementing a deferred sales model for add-on insurance products
• Regulatory Guide 275 The deferred sales model for add-on insurance and attachments (Compliant form and data template)
• ASIC (Information under the Deferred Sales Model for Add-On Insurance) Instrument 2021/632 and explanatory statement
• Report 695 Response to submissions on CP 339 on the deferred sales model for add-on insurance