Published on June 22, 2019 3:31 am, by Pete Lalor
During the week ASIC announced they had reached agreements with another 6 insurers to refund another $14.7m in premiums paid by consumers for add-on insurance sold through car dealers that was either useless or of little value.
The affected insurers this time are:
The insurance policies affected include:
This brings the total refunded for this type of insurance to more than $130m.
Customers who think they may be entitled to receive a refund but haven’t been contacted by the insurer are encouraged to contact the insurer themselves.
This is not the first set of refunds like this – there have been lots more of them. Check the related documents for other examples where you might have been entitled to a refund.
Further information is also available from ASIC.
At MoneyBrilliant, we’ve got your back. We’ve automatically contacted MoneyBrilliant customers that might be entitled to a refund. It’s all part of the MoneyBrilliant service. To make sure you know about refunds you might be entitled to sign up now at moneybrilliant.com.au
Peter is the CEO of MoneyBrilliant. He has over 20 years experience in banking, insurance and accounting. Peter has three sons, ranging in age from 16 to 3, is a sport and fitness fanatic and a volunteer firefighter. He is passionate about improving people's lives through making financial services more accessible.