A Sign of the Times- Two Important New ASIC Reports on the Sale of Insurance through Car Dealers

ASIC is calling on insurers to significantly improve consumer outcomes in its based on two reports relating to add-on insurance products commonly sold to consumers when purchasing cars:

  • Buying add-on insurance in car yards: why it can be hard to say no (Rep 470); and
  • the sale of life insurance through car dealers: Taking consumers for a ride (Rep 471).

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