Media Release: AFCA uses discretionary powers to side with insurance giant Allianz
The Australian Financial Complaints Authority (AFCA) has ruled in favour of insurance giant Allianz and closed all individual complaints made by consumers covering add-on insurance policies obtained between 1 June 2006 and 7 July 2020. The ruling was made following submissions to the insurance ombudsman from claims management company, Claimo, arguing it was unfair to […]
Media Release: Justice Lee deprived of power in Swann Insurance Class Action
Monday, 26 April 2021 FOR IMMEDIATE RELEASE: Justice Lee scheduled an urgent Hearing on 12 March 2021 to discuss late opt out notices from Group Members of the Swann Insurance Class Action. Two applicants for opting out mentioned that Claimo were their catalyst for opting out after the deadline. The lawyers for IAG made multiple […]
Current Class Action & Class Action Refunds
Did you know that every year millions of dollars in unfiled or misfiled class action reward settlements are left unclaimed by hard working Australians who miss out on a class action refund? You could be a part of a current class action and entitled to thousands of dollars in compensation without even knowing. Many misrepresent themselves […]
Westpac Flexi-Loan Credit Card Repayment Protection Class Action: Everything You Need To Know
The Flexi Loan Repayment Protection policy from Westpac, was a “junk” insurance that included cover for job loss and unfit for work circumstances from 2010-2020. Customers in some cases unknowingly paid for an insurance premiums that they were charged. The Flexi Loan repayment protection is no longer sold by Westpac. On 25 September 2020, the […]
Can you get a refund on insurance?
Yes – One of the main reasons people want a refund on their insurance is due to being sold junk insurance or dodgy unnecessary insurances. Read more..
What is Guaranteed Asset Protection (GAP)?
What is Guaranteed Asset Protection (GAP) Insurance or Shortfall Insurance? Guaranteed Asset Protection insurance is an insurance attached to your car loan that will cover you in the event of total loss. It will essentially payout the difference between what your comprehensive car insurer pays and the remaining finance amount in the event of total […]
What is Extended Warranty?
If you have bought a second-hand or used car you may have been sold extended warranty. This is different to new car warranty or manufacturer’s warranty, which is a warranty guaranteed for a certain period after purchasing a brand-new car. Extended warranty is a product which may have been added to your used car and […]
