Target Market Determinations
A Target Market Determination (TMD) is a document that describes the class of consumers a financial product is likely to be appropriate for (the target market), and any conditions around how the product can be distributed.
Comprehensive Cover TMD
This document outlines the target market for our Comprehensive Car Insurance, including the consumer's likely objectives, financial situation and needs.
Why do we have Target Market Determinations?
Target Market Determinations are required under the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019.
The purpose of these obligations is to help consumers obtain appropriate financial products by requiring issuers (like AutoEZ) and distributors to have a consumer-centric approach to the design and distribution of these products.
Important Note:
A TMD is not intended to provide financial advice. You should still refer to the Product Disclosure Statement (PDS) and any other applicable area of our website to decide if a product is right for you.
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