Personal Trainers Insurance Online :: News
SHARE

Share this news item!

AFIA Introduces Revised Code to Elevate Insurance Premium Funding Standards

New Edition Aims to Boost Trust and Transparency in the Insurance Sector

AFIA Introduces Revised Code to Elevate Insurance Premium Funding Standards?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

The Australian Finance Industry Association (AFIA) has released the second edition of its Insurance Premium Funding (IPF) Code of Practice, introducing updated requirements for providers and reinforcing industry-wide standards.
This revision reflects the industry's commitment to enhancing governance and transparency, particularly as businesses and individuals navigate economic challenges.

The updated code serves as a framework for responsible conduct among insurance premium funding providers, aligning the sector with current market practices and regulatory expectations. It emphasises the importance of ethical behaviour, clear communication, and customer-centric practices.

For personal trainers and fitness professionals, understanding these changes is crucial when selecting insurance providers. The revised code aims to ensure that insurers adhere to higher standards of service and transparency, which can directly impact the quality and reliability of coverage offered.

By staying informed about such industry developments, fitness professionals can make more informed decisions about their insurance needs, ensuring they choose providers that align with best practices and offer comprehensive protection for their businesses.

In summary, AFIA's updated IPF Code of Practice represents a positive step towards strengthening trust and transparency in the insurance sector. For fitness professionals, it underscores the importance of partnering with insurers committed to upholding these enhanced standards.

Published:Saturday, 7th Feb 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

Sign in with Google to rate

0 Comments

No comments yet. Be the first to share your thoughts.

Insurance News

Why Trainers Should Recheck Cover as Costs Rise
Why Trainers Should Recheck Cover as Costs Rise
01 Aug 2026: Paige Estritori
Fresh industry commentary on business underinsurance is a timely reminder for personal trainers, fitness instructors and small studio owners to look beyond the headline price of a policy. While parts of the commercial insurance market have become more competitive, rising replacement costs and changing business models can still leave fitness operators exposed if their cover has not kept pace. - read more
What the Next Phase of the Insurance Code Review Means for Trainers
What the Next Phase of the Insurance Code Review Means for Trainers
25 Jul 2026: Paige Estritori
The public consultation period for the redrafted General Insurance Code of Practice has now passed, moving Australia’s insurance sector into the next stage of review and refinement. For personal trainers, fitness instructors and small studio operators, this is not a technical issue reserved for insurers. It is a practical reminder that the way claims are handled can be just as important as the cover purchased in the first place. - read more
Broker Transparency Debate: What Personal Trainers Should Watch
Broker Transparency Debate: What Personal Trainers Should Watch
18 Jul 2026: Paige Estritori
A fresh dispute over Australia’s insurance broking standards has put transparency back in the spotlight for small business policyholders, including personal trainers, fitness instructors and studio operators. On 17 July 2026, several consumer and strata owner groups withdrew from consultation on the National Insurance Brokers Association’s rewritten Insurance Brokers Code of Practice, arguing that industry self-regulation does not go far enough on conflicted payments and commission disclosure. - read more
New Insurance Code Draft Puts Claims Handling in Focus
New Insurance Code Draft Puts Claims Handling in Focus
04 Jul 2026: Paige Estritori
The Insurance Council of Australia has opened public consultation on a redrafted General Insurance Code of Practice, with feedback invited until 21 July 2026. The proposal is not yet final, but it is an important development for anyone who relies on insurance to keep a small business operating, including personal trainers, fitness instructors and studio owners. - read more
What Broker Growth Means for Personal Trainer Insurance
What Broker Growth Means for Personal Trainer Insurance
27 Jun 2026: Paige Estritori
New industry research has underlined just how central brokers have become to Australia’s general insurance market, with broker-placed business accounting for $35.6 billion in gross written premiums in the year to 30 June 2025. That represents about 46% of all general insurance written in Australia, within a total market of $77.9 billion. - read more
Click for more Insurance News


Professionals Insurance Articles

Income Protection Insurance for Personal Trainers: What You Should Know
Income Protection Insurance for Personal Trainers: What You Should Know
Imagine waking up to find you're unable to work for an extended period due to an unexpected injury. For personal trainers, whose livelihood depends on their physical ability, this scenario can be both financially and emotionally daunting. - read more
Exploring Your Public Liability Obligations as an Australian Personal Trainer
Exploring Your Public Liability Obligations as an Australian Personal Trainer
In today's fast-paced world, the allure of freelance work is undeniable. More Australians are embracing the flexibility and independence that comes with being their own boss. Among these dynamic professionals are personal trainers who cater to clients yearning for tailored fitness sessions. - read more
The Critical Role of Professional Indemnity Insurance for Personal Trainers
The Critical Role of Professional Indemnity Insurance for Personal Trainers
Professional indemnity insurance is a crucial safeguard for those offering specialist services or advice. It provides protection against claims of negligence or breaches of professional duty, ensuring that professionals like personal trainers are protected in their day-to-day operations. - read more
Choosing the Right Insurance for Your Personal Training Business
Choosing the Right Insurance for Your Personal Training Business
Imagine this: you're wrapping up a successful training session with a client, and suddenly, they mention feeling a sharp pain. You could be on the hook for injuries or dissatisfied services, even when it's not your fault. Does that thought make you uneasy? If you're a personal trainer in Australia, understanding professional indemnity insurance is crucial for your peace of mind and financial security. - read more

Knowledgebase
Coinsurance:
A percentage of the cost of a covered healthcare service that you pay after you have paid your deductible.

Quick Links: | Personal Trainer Insurance Australia | Fitness Instructor Insurance | Public Liability Insurance For Personal Trainers | Professional Indemnity Insurance For Fitness Professionals | Personal Trainer Insurance Cost | Best Insurance For Personal Trainers | Personal Trainer Insurance Coverage | Affordable Personal Trainer Insurance | Personal Trainer Liability Insurance | Insurance For Fitness Coaches | Personal Trainer Insurance Policy
This website is owned and operated by Clark Family Pty Ltd (ACN 010 281 008) as Trustee for the Clark Family Trust (ABN 35 957 893 714), 43 Larch Street Tallebudgera QLD 4228. Clark Family Pty Ltd is an Authorised Representative (AR 1298860) of Unique Group Broker Services Pty Ltd (AFSL 509434) for financial product referrals and an Authorised Credit Representative (ACR 401491) of Saccasan Pty Ltd (ACL 386297). Check our licensing details on the ASIC registers: Clark Family Pty Ltd ACR, Clark Family Pty Ltd AR, Saccasan Pty Ltd, Unique Group Broker Services.
IMPORTANT: We act solely as an introducer and refer enquiries to licensed third-party brokers, insurers, and lenders. We do not provide financial product advice or credit assistance. We may receive a fee or commission from these third parties in consideration for the referral. Before any action is taken to obtain a product or service referred to by this website, advice should be obtained (from either the third party to whom we refer you or from another qualified intermediary) as to the appropriateness of obtaining those products having regard to your objectives, financial situation and needs. Whilst we have our own process for validating the legitimacy of our referral partners, you should independently verify the credentials and licensing of any adviser or provider you engage. Visit the ASIC website for further information.