Australia Life Insurance Code of Practice (CALI Life Code)
Section 6: customers experiencing vulnerability or financial hardship – Australia Life Insurance Code of Practice (CALI Life Code)

Australia Life Insurance Code of Practice (CALI Life Code) 6.1-6.5: Recognise vulnerability, take extra care, record support needs and guard against gratuitous concurrence

What does 6.1-6.5 require?

The insurer recognises that age, disability, injury, mental or physical health, difficulty with language or literacy, cultural background, living remotely, being Aboriginal or Torres Strait Islander, family violence, suicidal risk and money troubles can create vulnerability, commits to extra care, and treats the customer and their family, carer or support person with empathy, compassion and respect. Because of the cultural practice of gratuitous concurrence, additional care is taken with Aboriginal and Torres Strait Islander people buying funeral or other life insurance so that consent is genuine. A record is kept of any ongoing support a customer requires.

Maintained by Gerard Blokdyk

Other controls in Section 6: customers experiencing vulnerability or financial hardship – Australia Life Insurance Code of Practice (CALI Life Code)

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