Free template ยท Australia
Free insurance quote template for Australian brokers
A short, clear quote for a new client. The total payable, insurer, period and the date the quote is open until sit on the first page. Then the covers quoted, the premium with its levies and taxes drawn as a chart, what you need to bind cover and the notices the Insurance Contracts Act and the Code expect.
- No login needed
- Your logo, free
- Charts from your figures
- Written for AU rules
- Written for the Insurance Brokers Code of Practice 2022
- No login. Nothing stored until you download.
- Charts Word can't draw
- Every section cites its rule
What you'll download
A finished insurance quote, not a blank form.
Pages from the sample report. Tap a page to look closer.
Charts from your own figures
Word can't draw this. Your insurance quote can.
Enter the figures once in the wizard and the report draws its own charts from them. It opens with an at-a-glance page so the client sees the answer before the detail. No spreadsheet to build and no images to paste in.
In the insurance quote:
- At a glance tiles
- Where your premium goes
- What makes up your premium
- What happens next timeline
- Your own logo on the cover and every page, free
At a glance
Total payable
$21,640
Quote open until
14 Nov
Cover starts
1 Dec
What makes up your premium
Where your premium goes
- Property
- Liability
- Business interruption
What's inside
16 sections, each one there for a reason.
Every section of the insurance quote, why it matters to your client and the rule or practice behind it. Edit or remove any you don't need.
- 1
At a glance
Total payable, cover start and end dates, the date the quote is open until, insurers and classes of cover in tiles on the first page.
Best practice
- 2
Covers quoted
Each class with insurer, sum insured or limit, excess and premium.
Best practice
- 3
Where your premium goes
A donut chart of the premium by class of cover, drawn from the figures you enter.
Best practice
- 4
Premium breakdown
Base premium, emergency or fire services levy where it applies, GST, stamp duty and broker fee, totalled and drawn as a chart.
GST Act, state duties Acts
- 5
Remuneration in dollars
Your commission and broker fee in dollars for individuals and small businesses, not just a percentage.
Code cl 6.1
- 6
Premium funding
If the client pays by instalments, who the funder is and what the arrangement costs.
Best practice
- 7
Key terms
The excesses, conditions and exclusions that matter most to this client, called out in plain words.
Insurance Contracts Act s37
- 8
Quote validity
The date the quote is open until and a reminder that terms can change if the risk changes before cover is bound.
Best practice
- 9
What we need to bind cover
A checklist of the insurer's subjectivities: signed proposal, surveys, payment and anything else needed before cover starts.
Underwriting practice
- 10
What happens next
A timeline from the quote to your reply date, the date the quote closes and the day cover starts.
Best practice
- 11
Duty of disclosure
The s21 duty for non-consumer contracts or the s20B duty of reasonable care for consumer contracts, before the client accepts.
Insurance Contracts Act s20B, s21 and s22
- 12
Type of advice
A general advice warning, a personal advice statement or a wholesale client notice, so the client knows what the quote is.
Corporations Act s761G, s949A
- 13
Unauthorised foreign insurer warning
If an insurer isn't authorised by APRA, the warning the client must see before they accept.
Insurance Act 1973
- 14
PDS, TMD and cooling-off
For retail products, points to the PDS and Target Market Determination and explains the cooling-off period.
Corporations Act s1012A, s994B, s1019B
- 15
FSG, privacy and complaints
Where to find your Financial Services Guide, how you handle personal information and how to complain to you or AFCA.
Corporations Act s941A, RG 271, Privacy Act 1988
- 16
Acceptance
The client signs to accept the quote and asks you to bind cover on these terms.
Best practice
How it works
- 1
About 5 minutes
Answer three short steps
Enter the client, the covers and insurers you're quoting with their premiums, then what you need to bind cover. Add your own logo if you like. No login and nothing to install.
- 2
Real document editor
Polish it in the editor
Your quote opens in Coverbound's document editor. Change any wording, add your own notes and remove sections you don't need.
- 3
Free
Download the PDF
A professional PDF with the charts drawn from your figures and your logo on every page. Email it to yourself and ask for a reminder before the next renewal. Written for Australian rules, with a small Prepared with Coverbound footer.
Free tool or a free trial
The report is free. A trial saves you next year.
Free, no login
Everything you need for this report.
- Fill it in with the 3 step wizard
- Edit in the full document editor
- Charts and an at-a-glance page from your figures
- Your logo on the cover and every page
- Download a professional PDFWith a small Prepared with Coverbound footer
- Email the PDF to yourself
- A reminder before the next renewal
- Your colours, fonts and AFSL details
- Save it and reuse it next year
- Export to Word
- Send it for e-signature
- AI fill from last year's policy schedule PDF
With a 14-day free trial
Make it yours and do less next year. No card needed.
- Fill it in with the 3 step wizard
- Edit in the full document editor
- Charts and an at-a-glance page from your figures
- Your logo on the cover and every page
- Download a professional PDFNo footer
- Email the PDF to yourself
- A reminder before the next renewal
- Your colours, fonts and AFSL details
- Save it and reuse it next year
- Export to Word
- Send it for e-signature
- AI fill from last year's policy schedule PDF
Before you ask
Questions about the insurance quote.
- What should an insurance quote letter include?
- The total payable, the insurer, the period of insurance and how long the quote is open. Then the covers, the premium breakdown, key terms and what you need before you can bind cover. Finish with the notices that apply: duty of disclosure, the type of advice, the PDS and TMD for retail products, your FSG and how to complain to AFCA. The template has a section for each.
- Is a quote the same as a Statement of Advice?
- No. A quote sets out the terms on offer. If you give personal advice to a retail client you also need a Statement of Advice. Use the insurance recommendation template for that. When you're showing several insurers, use the quote comparison.
- Does the duty of disclosure need to go in a quote?
- The client must be told about their duty before the contract is entered into (s22 of the Insurance Contracts Act) and brokers usually repeat it in the quote. Keep the s20B wording for consumer contracts or the s21 wording for others.
- What are subjectivities?
- Conditions the insurer needs met before or soon after cover starts, such as a signed proposal, a survey, a security upgrade or payment. The template lists them as a checklist so the client knows what to send and by when.
- How do I show ESL, GST and stamp duty?
- The premium breakdown has lines for base premium, emergency or fire services levy where it applies, GST, stamp duty and your broker fee. Rates differ by state and class, so take the figures from the insurer's quote. The report charts them for you.
- Do I need to show remuneration in dollars?
- For individuals and small businesses the Code asks for your commission and fees to be disclosed in dollars where you can. The template has lines for both.
- Does it draw the charts for me?
- Yes. The report draws its own charts from the figures you enter in the wizard, so there's nothing to build in a spreadsheet and nothing to paste in. They print in the PDF next to the tables they come from. Word can't do that on its own.
- Can I add my own logo?
- Yes, for free. Upload a PNG, JPG or WebP and it goes on the cover and every page of the PDF. Your colours, fonts and licence details come with the 14-day free trial.
- Is it really free?
- Yes. Fill it in, add your own logo, edit it and download the PDF without an account. The charts are drawn for you and you can email the PDF to yourself. The free PDF carries a small Prepared with Coverbound footer. A 14-day free trial removes the footer, adds your colours, fonts and AFSL details and lets you save the document for next year. No card needed.
- Who is responsible for the advice in the document?
- These templates are a starting point, not legal or compliance advice. You remain responsible for the advice and documents you give under your AFSL or as an authorised representative. Check each document against your licensee's requirements before you send it.
More free templates
Other templates for Australian brokers
These templates are a starting point, not legal or compliance advice. You remain responsible for the advice and documents you give under your AFSL or as an authorised representative. Check each document against your licensee's requirements before you send it.
Your next report, done before lunch.
Answer three short steps, add your logo and download the PDF with its charts drawn for you. No login needed.
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