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What is a Target Market Determination? (TMD)

A Target Market Determination describes who a product is appropriate for - ie. the target market - and any conditions around how the product can be distributed to customers. The aim of the document is to help consumers to obtain financial products that are appropriate for their objectives, financial situation and needs. It also describes the events or circumstances where we may need to review the Target Market Determination.

Product Name TMD Link

Flexible Residential Strata Plan Insurance 

For policies with a total sum insured value up to $25,000,000 for new business and up to $35,000,000 for renewals and underwritten by certain underwriters at Lloyd’s. 

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Residential Strata Plan Insurance

For policies with a total sum insured above $25,000,000 and underwritten by QBE. 

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Flex Complex Strata Insurance 

For policies commencing from 1 October 2025 with a total sum insured $25,000,000 and below and underwritten by certain underwriters at Lloyd’s  

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