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0.25CIP Points

LCCC's Snapshot Report: Supporting victims of family and domestic violence

Life Code Compliance Committee (LCCC)
04 Jun 2024 - Reading time 20 minutes
Life and Retirement Income Insurance Broking
LCCC Snapshot Report: Supporting victims of family and domestic violence

 

The Life Code Compliance Committee report on the support that life insurers provide on their websites for victims of family violence offers valuable insights and important guidance.

Family violence is a whole community issue and requires the collective efforts of governments, communities, and the corporate sector, including life insurers, to respond to the challenges.

This report shares findings on how life insurers that subscribe to the Life Insurance Code of Practice (the Code) are meeting their obligation to support victims of family and domestic violence (FDV).

The report also explores good industry practice, areas for improvement and encourage life insurers to continue to develop processes, practices, and policies that extend beyond the base level required by the Code.

Read the report in full for a look at the current state of compliance with the obligations in the industry and to see how insurers can improve to make a significant difference in the lives of vulnerable individuals.

Download the full report here

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