Bill Owen Insurance Brokers - Aviation Insurance, Business Insurance Australia

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Please read our privacy statement, financial services guide and your duty of disclosure obligations before beginning the quote form.

YOUR DUTY OF DISCLOSURE

Before you enter into a contract of general insurance with an Insurer, you have a duty, under the Insurance Contracts Act 1984, to disclose to the Insurer every matter that you know or could reasonably be expected to know, is relevant to the Insurer's decision whether to accept the risk of the insurance and if so, on what terms.  You have the same duty to disclose these matters to the Insurer before you renew, extend, vary or reinstate a contract of general insurance.

Your duty, however, does not require disclosure of matter:

1.	that diminishes the risk undertaken by the Insurer;

2.	that is of common knowledge

3.	that your Insurer knows, or in the ordinary course of his business, ought to know; and

4.	as to which compliance with your duty is waived by the Insurer.

Consequences of Non Disclosure

If you fail to comply with your duty of disclosure, the Insurer may be entitled to reduce its liability under the contract in respect of a claim or may cancel the contract.  If your non disclosure is fraudulent, the Insurer may also have the option of avoiding the contract from its beginning.

PRIVACY

We have always been committed to protecting your privacy.  The Federal Government have extended the operation of the Privacy Act 1988 to apply to private sector organisations such as us from 21 December 2001.   It contains principles on how to collect, use, disclose or handle personal information.  We are committed to meeting these requirements.

We collect personal information to provide and administer the many financial services and products we can offer and facilitate.  These include insurance broking, claims, risk management, financing and financial planning services.  We also collect it to conduct market or customer satisfaction research and to be able to develop and identify products and services that may interest you which we, and those we have relationships with, can provide.

We disclose personal information to third parties who we believe are necessary to assist us and them in providing the relevant services and products (eg. our clients, the relevant product issuer and their representatives, our agents and contractors and related companies).  We limit the use and disclosure of any personal information provided by us to them to the specific purpose which we supplied it.

When you give us personal information about other individuals, we rely on you to have made or make them aware that you will or may provide their information to us and the types of third parties we may provide it to, the relevant purposes we and the third parties will use it for, and how they can access it.  If it is sensitive information, we rely on you to have obtained their consent on these matters.  If you have not done or will not do either of these things, you must tell us before you provide the relevant information.

If you would like a copy of our Privacy Policy, or wish to seek access to or correct the personal information we have collected or disclosed about you, then please contact our office.  Please note you may incur a charge for the correlation and supply of this information.

I confirm I have read and understood the Duty of Disclosure, Bill Owen Insurance Privacy Statement and the Financial Services Guide before proceeding.

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