Farm Insurance Online :: News
SHARE

Share this news item!

New Insurance Code Draft Puts Claims Handling in Focus

Why the consultation matters for fitness businesses

New Insurance Code Draft Puts Claims Handling in Focus?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

The Insurance Council of Australia has opened public consultation on a redrafted General Insurance Code of Practice, with feedback invited until 21 July 2026.
The proposal is not yet final, but it is an important development for anyone who relies on insurance to keep a small business operating, including personal trainers, fitness instructors and studio owners.

The headline reform is that key insurer commitments under the code are intended to become legally enforceable in consumer insurance contracts, subject to ASIC approval. The draft also proposes stronger support for vulnerable customers, broader family violence protections, trauma-informed claims handling and clearer expectations around expert reports. Home and motor claims left undecided after 12 months would be automatically accepted, subject to defined exceptions.

For personal trainers, the immediate message is not that public liability or professional indemnity policy wording has changed overnight. The current code remains in force while the review continues, and the automatic acceptance measure is aimed at home and motor claims rather than fitness liability claims. Even so, the direction of travel matters. Fitness businesses often hold several forms of general insurance, from equipment and contents cover to public liability, professional indemnity, business interruption or commercial motor policies. Any shift toward clearer service standards can influence how insurers communicate, request evidence and manage disputes.

There are three practical takeaways for trainers:

  • Do not assume a claim will be straightforward simply because a policy is in place. Keep client notes, incident reports, waivers, qualifications and maintenance records organised.
  • Review how your policy deals with claim notification, exclusions, subcontractors, outdoor sessions, online coaching and group training.
  • If you have had a difficult claims experience, the consultation window gives business owners a chance to share practical feedback before the revised code is submitted for approval.

The code review also reinforces why insurance should be treated as an active business tool, not a once-a-year admin task. A trainer who has expanded from one-on-one sessions into boot camps, nutrition guidance, online programming or rented studio space may have exposures that were not present when cover was first arranged. If you are reviewing suitable cover, the policy wording, claims process and insurer service standards all deserve attention alongside the premium.

For a sector built on trust, safety and professional judgement, claims handling standards matter. When a client injury, property damage allegation or business interruption event occurs, the difference between a clear process and a drawn-out dispute can be significant. Trainers should stay close to industry updates as the consultation progresses, then use the final code as another prompt to review whether their insurance arrangements still match the way they actually train clients.

Published:Saturday, 4th Jul 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

0 Comments

No comments yet. Be the first to share your thoughts.

Insurance News

Why Delayed Life Milestones Could Widen New Zealand’s Income Protection Gap
Why Delayed Life Milestones Could Widen New Zealand’s Income Protection Gap
11 Jul 2026: Paige Estritori
New Zealand’s younger workers are reshaping the traditional path into insurance. Fresh industry reporting, drawing on Deloitte’s 2026 Gen Z and Millennial Survey and Financial Services Council research, points to a clear shift: many Gen Z and millennial New Zealanders are delaying major life decisions because of financial pressure. Home ownership, starting a family and career changes have long been moments when people reassess life, mortgage and income protection cover. - read more
Why the FMA’s conduct focus matters for life insurance buyers
Why the FMA’s conduct focus matters for life insurance buyers
11 Jul 2026: Paige Estritori
New Zealand’s financial advice sector is heading into a more targeted year of scrutiny after the Financial Markets Authority’s latest conduct priorities highlighted fraud, adviser commissions and complaints handling as areas of concern for 2026/27. For households arranging life, trauma, income protection or health-related cover, the message is practical: the quality of advice, disclosure and record keeping matters just as much as the premium on the page. - read more
What Victoria’s New Building Defect Powers Mean for Strata Communities
What Victoria’s New Building Defect Powers Mean for Strata Communities
11 Jul 2026: Paige Estritori
Victoria has moved another step in its building reform program, with the Building and Plumbing Commission now operating with stronger consumer protection powers and a developer bond scheme scheduled for apartment buildings from 1 July 2027. For strata communities, the announcement is not simply a construction law update. It is a reminder that building quality, defect management and insurance planning are becoming increasingly connected. - read more
Why Policy Details Matter Before a Home Service Claim
Why Policy Details Matter Before a Home Service Claim
11 Jul 2026: Paige Estritori
A recent Australian Financial Complaints Authority decision has delivered a timely reminder for small operators: insurance protection depends on the details being right before something goes wrong. The dispute involved a food delivery business that suffered theft and damage at a site that was not listed on its insurance schedule. - read more
Why Broker Fee Transparency Is Back in Focus for Freelancers
Why Broker Fee Transparency Is Back in Focus for Freelancers
11 Jul 2026: Paige Estritori
Australia’s insurance broking sector is again facing scrutiny over how clearly small business clients are told about broker remuneration. The latest debate follows the release of a draft update to the Insurance Brokers Code of Practice, after earlier recommendations had supported broader disclosure of fees and commissions to individual and small business clients across more insurance products. - read more


Farm Insurance Articles

Adapting to Change: How Australian Farms Can Thrive Amidst Climate Shifts
Adapting to Change: How Australian Farms Can Thrive Amidst Climate Shifts
Australia's agricultural sector stands as a testament to the resilience and ingenuity of its farmers. Yet, this stalwart industry faces one of its greatest challenges: climate change. Rising temperatures, erratic weather patterns, and extreme events, from droughts to floods, are now common hurdles on the landscape of Australian farming. - read more
Unpacking the Fine Print: Common Misunderstandings in Farm Insurance Policies
Unpacking the Fine Print: Common Misunderstandings in Farm Insurance Policies
Welcome to our discussion on farm insurance, a crucial subject for every Australian farmer. Whether you're seasoned in agricultural ventures or just starting out, the world of insurance can often seem daunting and complex. - read more
On-Farm Safety: Insurance Tips to Minimize Accidents and Liability
On-Farm Safety: Insurance Tips to Minimize Accidents and Liability
For Australian farmers, every day presents a complex web of activities that demand not only their physical toil but also a keen attention towards safety. On-farm safety is paramount and is the shield that guards the well-being of both workers and operations in Australia's diverse agricultural landscape. It's not just about the immediate repercussions of accidents, but also their long-term impact on a farm's viability. - read more
Farm Insurance Comparison: Secure Your Farm with the Right Coverage
Farm Insurance Comparison: Secure Your Farm with the Right Coverage
As a farm owner, your livelihood depends not only on the hard work you put in but also on the protection you have in place against unforeseen events. Farm insurance is crucial in safeguarding your investments, ensuring that your operations can continue smoothly even when faced with unexpected challenges. - read more
Understanding the Coverage: What Your Farm Insurance Should Include
Understanding the Coverage: What Your Farm Insurance Should Include
The serene morning mists settling over green pastures and the peaceful clucking of poultry might paint an idyllic picture of farm life, but seasoned farmers know that this lifestyle comes with its own set of risks and uncertainties. In the world of agriculture, each new day could bring events that threaten your way of life and the heart of your business. This is where farm insurance becomes not just important, but essential. - read more

Knowledgebase
Disability Insurance:
A type of insurance protection that pays a portion of a person's income lost due to a total or partial disablement arising from either an accident or a sickness.