Products and services including banking, superannuation and insurance are provided by different entities of the Suncorp Group. Suncorp Bank (Suncorp-Metway Ltd ABN 66 010 831 722) is only liable for the banking products or services it provides and not the products and services of other companies in the Suncorp Group. Show Any advice has been prepared without taking into account your particular objectives, financial situation or needs, so you should consider whether it is appropriate for you before acting on it. Please read the relevant Product Disclosure Statement before you make any decision regarding this product. The Target Market Determination is also available. This content is current for Car, Motorcycle, Motorhome, Caravan & Trailer, Boat, Home & Contents, Landlord and Strata Insurance policies with a start or renewal date on or after 25 March 2021. GENERAL INSURANCE SUNCORP HEALTH INSURANCE SUNCORP LIFE INSURANCE Any advice on this page in connection with the Life products is general in nature and is provided by Platform Ventures Pty Ltd ABN 35 626 745 177 AFS Representative Number 001266101 (PV). PV is part of the Suncorp Group and an authorised representative of TAL Direct Pty Limited ABN 39 084 666 017 AFSL 243260 (TAL Direct). General advice does not take into account your individual needs, objectives or financial situation. Before you decide to buy or to continue to hold a Life Product you must read the relevant Product Disclosure Statement. The Target Market Determination (TMD) for the product is also available. TAL Life is proud to have adopted the Life Insurance Code of Practice (Code). The Code has been developed voluntarily by the Life Insurance industry through the Financial Services Council to promote high standards of service to consumers, provide a benchmark of consistency within the industry, and establish a framework for professional behaviour and responsibilities. TRAVEL COOKIE AND DATA POLICY How does cash settlement insurance work?A home insurance cash settlement involves your insurer paying you, either in part or in full, your claim, rather than replacing or repairing damage to your building.
What does cash settled mean insurance?A cash settlement is an amount of money we offer to settle your claim. We can settle some or all of your insurance claim using a cash settlement.
What is a cash settlement fact sheet?(1) A Cash Settlement Fact Sheet must contain: (a) a statement outlining the options for settlement legally available to the client under the insurance product; and. (b) a statement setting out the sum insured under the insurance product; and.
Does NRMA do cash settlement?We can also sometimes choose to settle you with a store credit or cash settlement and where possible, repair or restore content items.
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