In June 2001, the Hospitals Contribution Fund of Australia Ltd (HCF) promoted its health insurance cover in NSW and the ACT by a television advertisement which showed the statement "Join before 30th June and get instant cover".
Summary of undertaking offered by FAI General Insurance Company Limited to the Australian Securities and Investments Commission (ASIC) given for the purposes of section 93AA.
The ACCC investigated FAI General Insurance Company Limited, in relation to potentially misleading representations on insurance policy renewals.
The Undertaking was varied - Annexure 'B' was replaced with Annexure 'A2', Annexure 'C' was replaced with Annexure 'A3', and the date in paragraph 2.4 of the undertaking was amended.Background: The ACCC investigated National Mutual Health Pty Ltd trading as HBA, in relation to television advertising.
The ACCC investigated National Mutual Health Pty Ltd trading as HBA, in relation to television advertising. The advertisements of concern were broadcast in Victoria during April and early May 2000. The advertisements of concern depicted the same scenario; one of 30 seconds duration and the other of 15 seconds duration.