Document ID: chunk:federal_register_of_legislation:F2024C01150:reg:12m
Version: federal_register_of_legislation:F2024C01150
Segment Type: reg
Provision Reference: reg 12M
Character Range: 54802–55432

12M  Meaning of superannuation‑related add‑on insurance product
  A superannuation‑related add‑on insurance product is an add‑on insurance product that:
 (a) is offered or sold to a consumer in connection with the consumer acquiring, or entering into a commitment to acquire, another product or service in a registrable superannuation entity; and
 (b) provides insurance cover (whether or not the cover is restricted) in respect of one or more of the following:
 (i) the consumer's death;
 (ii) the consumer's total and permanent disability;
 (iii) loss of income by the consumer.

Part 2B—Financial Services and Credit Panels