MHIA uses the Insurance Council of Australia's standard definition of flood. As of the 18th of June 2012 flood is defined as -The covering of normally dry land by water that has escaped or been released from the normal confines of:- any lake, or any river, creek or other natural watercourse, whether or not altered or modified; or- any reservoir, canal, or dam.
Reduced to a lesser grade
The insurance is issued by MHIA a division of Argenta Underwriting Asia Pte Ltd a limited liability company incorporated in Singapore - ABN 23 608 570 716 AFSL #482725.
Underwritten by certain underwriters at Lloyd‘s and other insurers.
Advice provided is general. Before you buy a policy, you should consider the Product Disclosure Statement. MHIA abides by the General Insurance Code of Practice.
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