A Product Disclosure Statement is "the point of sale document that outlines the significant features of the products, including its risks, benefits and costs."

A Product Disclosure Statement is a document required by the Corporations Act and contains information designed to assist you in your decision about whether or not you purchase the policy.

Every Insurance Company will have their own Product Disclosure Statement and it can be given in printed or electronic form.

In general terms, a PDS will cover the following:

• The name and contact details of the Insurance Company
• The essential features of the financial product that is being offered
  
• The significant risks involved with holding the product
  
• The dispute resolutions system the covers complaints by holders of the product and the access to that system
  
• The cooling off period that applies to that PDS

Contact us for a copy of our Product Disclosure Statement.