CP 12 Electronic applications for life insurance and superannuation products

Released 5 October 2000. Comments closed 16 November 2000.

This policy proposal paper sets out the relief we are prepared to give to life companies and superannuation trustees (issuers) so they can accept electronic applications for their products.

Relief is needed because some current requirements relating to application forms, such as the signature requirement1, can only be met by paper and not electronic applications.

The policy proposals cover:

  • direct distribution of life and superannuation products using electronic applications;
  • electronic distribution involving intermediaries; and
  • distribution through mixed-media.

Download CP 12 (PDF 170 KB) | Read the information release

 

Last updated: 05/10/2000 12:00