Aussie Home Loans Insurance Class Action

Financial Product

  1. Investigating
  2. In court
  3. Settled
  4. Open to register
  5. Closed

Current stage: In court · Follow for updates

Source: Shine Lawyers View original source

The statements below are Shine Lawyers’s account of this case. They reflect allegations or the firm’s position and have not been determined by a court unless a settlement or judgment is noted.

Latest update

Trial Date The trial is now commencing on 8 July 2026.

Source: Shine Lawyers

About This Case

Shine Lawyers has launched a class action on behalf of people who obtained a Mortgage Protection Plan or My Protection Plan policy arranged by an Aussie broker and issued by Australian Life Insurance Distribution Pty Ltd between 28 February 2018 and 29 February 2024.

This class action alleges that:

People who were sold a Mortgage Protection Plan or My Protection Plan policy were sold a product that was of low or very limited value to them; Aussie brokers who sold the Mortgage Protection Plan or My Protection Plan policy products breached their duties to their clients by:

Not acting in their best interests; Failing to give priority to their clients’ interests over their own personal interest; Failing to give appropriate advice; and Failing to warn their client that their advice was based on incomplete or inaccurate information.

Aussie brokers engaged in misleading or deceptive conduct in selling the Mortgage Protection Plan or My Protection Plan product.

Source: Shine Lawyers

Who May Be Eligible

If you acquired a Mortgage Protection Plan or My Protection Plan policy from Aussie Home Loans between 28 February 2018 and 29 February 2024, you may be eligible to join this class action.

Source: Shine Lawyers

How to Register

To register for the Aussie Home Loans Insurance Class Action please click the 'Register for the class action' button below to fill out the registration form. It costs nothing to register, which means there are no out-of-pocket expenses for you to participate in the class action.

Register Now

Source: Shine Lawyers

Frequently Asked Questions

What is a class action?

When Governments, large companies or institutions do the wrong thing and people are harmed or suffer loss as a result, an individual can have little to no means of bringing a legal claim. Class actions are an important mechanism within Australia’s legal system that allow large groups of people to come together to pursue a claim collectively. For a class action to take place, there are three criteria that need to be met: there must be 7 or more people that have claims against the same defendant; and the claims relate to the same or similar circumstances; and the claim must relate to at least one common issue of law or fact. For more information about how class actions resolve, click here.

How long do class actions take to resolve?

It can take up to several years for a class action to resolve. The time taken from case commencement through to resolution and settlement administration depends on the particular case, and the nature of the claim. For more information about class actions and how they work, click here.

Does it cost anything to join a class action?

Shine Lawyers is committed to ensuring that everyone, regardless of their background or financial situation, has access to justice. We run our class actions in a way that means you are not exposed to any out-of-pocket costs or financial risk. When a class action is successful, the legal fees and costs to run the class action are deducted from the settlement amount that is approved by the Court. If the class action is unsuccessful, we will ensure there are no out-of-pocket costs to you.

Will my contact details be kept private?

Yes, your contact details will remain confidential. Shine Lawyers will only use your personal information strictly for the purpose of any legal proceedings and in accordance with our Privacy Policy.

Source: Shine Lawyers

Disclaimer: This information is sourced from Shine Lawyers. It is provided for general information only and does not constitute legal advice. Always verify details with the original source before taking any action.

Legal disclaimer: Information on this page is general in nature and does not constitute legal advice. ClaimBar tracks class action settlements and provides updates. Always seek professional legal advice for your specific circumstances.

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