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

Strata Broker Review Raises Fresh Questions for Owners Corporations
Strata Broker Review Raises Fresh Questions for Owners Corporations
04 Jul 2026: Paige Estritori
A fresh compliance review into strata insurance broking has intensified the sector’s focus on transparency, governance and the way owners corporations are supported through major insurance decisions. The National Insurance Brokers Association has responded by saying it will continue working with members and the code compliance committee after the review identified shortcomings in strata-related arrangements. - read more
Broker Conflict Findings: A Reminder for Home Service Operators
Broker Conflict Findings: A Reminder for Home Service Operators
04 Jul 2026: Paige Estritori
Fresh scrutiny of broker conduct in the strata insurance market is a useful reminder for home service businesses that insurance advice should be transparent, documented and clearly aligned with the client’s interests. The National Insurance Brokers Association has responded to findings from the Insurance Brokers Code Compliance Committee after a review identified weaknesses in representative arrangements, remuneration disclosure, conflict management and oversight. - read more
New Insurance Code Draft Puts Claims Handling in Focus
New Insurance Code Draft Puts Claims Handling in Focus
04 Jul 2026: Paige Estritori
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. - read more
Canstar’s Latest Update Sharpens the Cost Question for Landlords
Canstar’s Latest Update Sharpens the Cost Question for Landlords
04 Jul 2026: Paige Estritori
Canstar’s 3 July 2026 landlord insurance comparison update gives Australian property investors a timely reminder that price is only one part of the cover decision. Its latest published figures, based on March 2026 research, show the national average annual premium for landlord building and contents cover on houses at $2,640, compared with $432 for units. The gap underlines how strongly property type, location, rebuild exposure and insured assets can influence what landlords pay. - read more
Zurich-Honey Deal Brings New Momentum to Landlord Insurance
Zurich-Honey Deal Brings New Momentum to Landlord Insurance
04 Jul 2026: Paige Estritori
Zurich Australia is set to deepen its position in the local personal insurance market through an expanded partnership with Honey Insurance, with landlord policies included in the new arrangement. From October 2026, Zurich will underwrite and manage claims for home, landlord and motor policies distributed under the Honey brand, as well as through Bank of Queensland and other partner channels. - read more


Farm Insurance Articles

Are You Covered? Common Insufficient Coverage Mistakes in Farm Insurance
Are You Covered? Common Insufficient Coverage Mistakes in Farm Insurance
Welcome to our discussion on farm insurance, a vital aspect for anyone involved in agriculture. Whether you run a smallholding or manage extensive agricultural operations, understanding your insurance coverage can make all the difference in safeguarding your livelihood. - read more
Essential Coverage: The Top Insurance Policies Every Australian Farmer Should Consider
Essential Coverage: The Top Insurance Policies Every Australian Farmer Should Consider
Welcome to a critical discussion surrounding the stability and protection of your farming enterprise. In the unpredictable world of agriculture, insurance plays a pivotal role in safeguarding the future of your business. As we delve into the intricacies of insurance coverage, we aim to establish a strong foundation for enduring success in the farming industry. - 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
Effective Risk Management Plans Every Farm Owner Should Implement
Effective Risk Management Plans Every Farm Owner Should Implement
Managing a farm involves juggling many uncertainties and potential risks. Risk management in farming refers to the process of identifying, assessing, and prioritising risks associated with agricultural activities. Effective risk management ensures that farmers can handle obstacles and continue their operations smoothly. - read more
Custom Farm Insurance: Tailoring the Perfect Policy for Your Agricultural Needs
Custom Farm Insurance: Tailoring the Perfect Policy for Your Agricultural Needs
Welcome to the world of farm insurance, where no two policies are the same, just as no two farms mirror each other in operations and risks. As a farmer, you are acutely aware that your agricultural endeavors bring a unique set of challenges and needs. Recognizing this diversity is the first step in protecting your livelihood. - read more

Knowledgebase
Elimination Period:
The time period between an injury and the receipt of benefit payments from an insurer, particularly in disability insurance.