Please read and retain
YOUR DUTY OF DISCLOSURE:
Before you enter into this insurance contract with the proposed Insurer, the Insurance Contracts Act 1984 requires you to provide information that they may need to enable them to decide whether and on what terms your proposal for insurance is acceptable and to calculate how much premium is required for your insurance.
You will be asked various questions when you apply for this policy. When you answer these questions, you must:
provide the proposed Insurer with honest and complete answers
tell the proposed Insurer everything you know; and
tell the proposed Insurer everything that a reasonable person in the circumstances could be expected to tell an Insurer
Your duty however does not require disclosure of matters –
that diminishes the risk to be undertaken by the proposed Insurer;
that is of common knowledge
that the proposed Insurer knows or, in the ordinary course of our business, ought to know;
that the proposed Insurer tells you they do not need to know
NON DISCLOSURE:
If you fail to comply with your duty of disclosure, your proposed Insurer may be entitled to reduce their liability under the policy in respect of a claim or may cancel the policy. If your non-disclosure is fraudulent, they may also have the option of avoiding the contract from its beginning. It is therefore vital that you enquire of all entities comprising the Insured, including senior staff, before completing the proposal form and before you sign any declaration confirming no change in the information disclosed.
YOUR ON-GOING DUTY OF DISCLOSURE:
You have the same duty to disclose any further matters to your proposed Insurer before you renew, extend, vary or reinstate a contract of insurance.
ADDITIONAL INFORMATION:
Should there not be enough room to provide your answers to the questions herein, please provide your response in a separate document attaching and forming part of this application for insurance
PRIVACY ACT 1988:
Alliance Leasing is committed to protecting your privacy and the confidentially and security of personal information provided by you to us. We are therefore bound by the National Privacy Principles and the Privacy Act 1988 (Cth).
Information we collect:
All the information that we ask for is required for us to effectively coordinate your vehicle insurance and to provide you with the benefits available to you as part of the Alliance Leasing service package.
Right of access:
You have the right to access any such information held by Alliance Leasing that relates to you and to collect any information that is inaccurate. If you object to us using the information as described you can advise us at any time in writing.
Permission: I give express permission to receive Product Disclosure Statements and/or other relevant documentation electronically.
General Advice Warning:
Whilst we may have collected risk information, your personal objectives, needs or financial situations were not taken into account when preparing this information. We recommend that you consider the suitability of this general advice, in respect of your objectives, financial situation and needs. Please consider the relevant PDS before making any decision to purchase this financial product.