RG 275
The deferred sales model for add-on insurance
4-day deferral for add-on insurance sales (Hayne RC reform).
In plain English
RG 275 explains how to sell add-on insurance using a deferred sales model, with a minimum four-day delay.
RG 275 applies to Australian Financial Services (AFS) licensees who sell add-on insurance. It sets out requirements for a deferred sales model. This model requires a minimum four-day delay between the initial sale and the settlement of the loan or purchase. The guide aims to protect consumers. It was last updated in December 2023.
Why it matters
If your business sells add-on insurance, RG 275 ensures customers have time to consider the product. This helps avoid rushed decisions and potential regret. Compliance is vital for maintaining consumer trust and avoiding regulatory scrutiny.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-275-the-deferred-sales-model-for-add-on-insurance/. Rules Mate indexes + summarises; always verify against the regulator's live publication.