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CommInsure Class Action

If you obtained, renewed or retained a CommInsure life or income protection insurance policy through a financial adviser or authorised representative of Commonwealth Financial Planning Limited (CFP) or Financial Wisdom Limited (FWL), you may have been wrongfully overcharged.

Update

The settlement of the CommInsure Class Action was approved by the Federal Court of Australia on 28 August 2026.

On this date, the Federal Court also approved the Settlement Distribution Scheme and appointed KordaMentha to administer it. KordaMentha's role is to assess claims and distribute settlement monies to eligible Group Members.

For more information about the settlement administration, please direct all enquiries to KordaMentha:

Case Documents

Applicants’ Third Further Amended Statement of Claim

Notice A to Deemed Registrants with covering communication

Notice B to Registered Persons with covering communication

Notice C to other potential Group Members with covering communication

Orders made by the Federal Court dated 28 August 2026

Settlement Distribution Scheme dated 28 August 2026

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