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Renewing Your Policy

About: Renewal time

Renewal time presents an ideal opportunity for you to determine if your group requires any additional cover. 
For example, since you last took out/renewed your insurance, there may have been changes to your group that have increased your risk factors. If this is the case, you will need to let us know during the renewal process to update your insurance accordingly. This is also an opportunity to review the contact details for your group, including the situation address of your group is correct and up to date.

Renewal Steps:

Renewal Steps: When you receive a renewal notice for your insurance policy, it means that your current coverage is about to expire.

1

Reminders

When you receive a renewal notice for your insurance policy, it means that your current coverage is about to expire. 

If you hold an annual policy with LCIS, it will come up for renewal 2-4 weeks before the due date. 

2

Review

To ensure uninterrupted coverage, it's crucial to pay the renewal premium by the specified due date.

If payment is not received before the due date, we will continue your cover for 14 days to ensure no gaps in coverage in the event of late payment.

3

Renew

To ensure uninterrupted coverage, it's crucial to pay the renewal premium by the specified due date.

To renew your policy and continue to protect your community group, please enter the quote number we have emailed to your nominated email address. 

Renew Policy

Renewal Process:

Renewal reminders:

When you receive a renewal notice for your insurance policy, it means that your current coverage is about to expire.
If you hold an annual policy with LCIS, it will come up for renewal 2-4 weeks before the due date. At this time, when your policy is due to renew with us, we will notify you via your nominated email address. You will continue to receive renewal reminders from us until your policy has been paid, or your policy has lapsed.

Renewal due date:
When you receive a renewal notice for your insurance policy, it means that your current coverage is about to expire. It's an opportunity for you to continue your protection for another term. To ensure uninterrupted coverage, it's crucial to pay the renewal premium by the specified due date.

If payment is not received before the due date, we will continue your cover for 14 days to ensure no gaps in coverage in the event of late payment.

After this time, payment is not received your insurance policy will lapse. In simple terms, this means that your policy will no longer be active, and you won't have insurance coverage. Without insurance, you leave yourself exposed to potential risks and losses.  If your policy lapses and you later decide to reinstate your coverage, you may have to go through a new application process. This will involve additional paperwork, and potentially higher premiums.

Non-payment:
In the event your insurance has been lapsed and cancelled due to non-payment, LCIS requires you to submit a completed application to re-quote the risk.  Once we receive the application, we will provide you with the terms for the new insurance period. However, please note that we cannot proceed without written confirmation and payment received to activate the new policy cover for the upcoming insurance period.

Please keep in mind that we cannot provide coverage for any period of time before we receive the payment. Insurance coverage begins on the date that we receive the payment, and we are unable to backdate any coverage.

Note: This strictly excludes event policies. Insurance is to be paid for prior to inception of the event otherwise cover ceases.

Any questions?

We’re here to help with all your insurance and risk management related enquiries.  If there is any information on our website you do not understand, if you require clarification on our policies, or renewal, please contact us.

Contact Us
The above statements are issued as a matter of information only and for full terms and conditions you should refer to the Policy Wording.
LCPA# 24/497.

 




Local Community Insurance Services (LCIS) is a division of JLT Risk Solutions Pty Ltd (ABN 69 009 098 864 AFS Licence No: 226827) (“JLT”) and is a business of Marsh McLennan. This insurance is issued via this website by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864 AFS Licence No: 226827) (“JLT”) under an authority to bind cover on behalf of the insurer. In issuing and underwriting this insurance, JLT acts as agent of the insurer and not as your agent. 

If JLT cannot issue insurance to you as an agent of an insurer because the underwriting information you have provided means that the insurable risk falls outside of our Binding Authority, JLT can instead arrange your insurance on the open market as your agent. In this instance, JLT will be acting in a dual capacity, as an agent for the insurer in collecting the information and then as your agent in arranging the insurance. JLT will also be acting in such a dual capacity in circumstances where you have obtained multiple insurance policies through JLT, where some of those policies have been issued by JLT as agent of an insurer and others have been arranged by JLT as your agent. All insurance coverage is subject to the terms, conditions and exclusions of the applicable individual policies. JLT cannot provide any assurance that insurance can be obtained for any particular client or for any particular risk.

This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from LCIS on request.

JLT arrange insurance and premium costs directly to not-for-profit clubs and community groups. Quotations, renewals and new business policies are not to be accessed and resold by insurance advisers or other insurance intermediaries.