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Insurance Council of Australia

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Issues in focus
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FAQs
Q: What is a cash settlement?

Q: What is a cash settlement?

A: Your insurer is offering to pay you money to settle your insurance claim. The amount they pay may be in response to part, or all of your claim.

The voice for a resilient Australia

We are the representative body of the general insurance industry in Australia, shaping positive outcomes for our members, our people and the community.

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Acknowledgement of Country

We acknowledge the Traditional Owners on the many lands the people of the ICA reside and work. We respect and honour Aboriginal and Torres Strait Islanders Elders past, present, and emerging.

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