BMG Aviation Pty Ltd - Specialist Aviation Insurance Brokers

Specialist Aviation Insurance Brokers

General Advice Warning


Version 30.10.2017


Retail Clients

Under the Corporations Act 2001 Retail Clients are provided with additional levels of protection from other insurance purchasers.

The Act defines Retail Clients as: Individuals or a small manufacturing business employing less than 100 people or any other business employing less than 20 people.

And that are being provided a financial service or product that relates to the following insurance covers: Motor Vehicle (under 2 tonne), Home building, contents, personal and domestic, Sickness and Accident or Travel, Consumer Credit, Medical Indemnity and other classes as prescribed by regulations.

Important Notice – What Advice Is Being Provided
(Retail Clients Only)

If you are a RETAIL CLIENT (refer above) and a Statement of Advice has not been provided to you then the advice that we are giving you related to this transaction is General Advice.

General Advice is advice that has been prepared without considering your current objective’s, financial situation or needs. Therefore, before acting on this advice, you should consider the appropriateness of the advice having regard to your current objective’s, financial situation or needs.

If the advice provided relates to the acquisition or possible acquisition of a new insurance policy you should consider the enclosed PDS prior to making the decision to purchase this product. Information regarding the income we have been paid by the insurer for this transaction is available upon request.

Back to the FSG