Common Exclusions

Insurance policies vary between companies and all have different terms and conditions and exclusions. Before purchasing an insurance policy, consumers should read the Product Disclosure Statement thoroughly.

Although the terms and conditions of policies vary between companies, there are some common exclusions consumers should be aware of before seeking cover.

For example, some common exclusions for travel insurance policies include:

• Theft of unattended luggage
• Poor health of the traveller
• Self-inflicted injury

Some common exclusions for home insurance policies include:

• Leaving your home vacant for an extended period of time
• Participating in a home-swap
• Not properly securing your home

All policies have limitations and exclusions of one form or another and consumers should make sure they understand the PDS provided to them before purchasing a policy.