"Nev.." <(E-Mail Removed)> wrote in message
news:(E-Mail Removed). au...

<snip>

> I don't quite understand the breakdown of charges. There is a premium,
> this covers the medical etc expenses arising from a vehicle accident.
> Then there is an MAA premium, which covers the cost of accident and
> hospital expenses, and then there is a lifetime care levy, which covers
> ongoing costs. OK so the bit I don't understand is, if the MAA levy
> covers you to get to hospital after an accident, and the cost of hospital
> services, and the lifetime levy covers any ongoing costs, then WTF does
> the actual insurance premium cover you for?

It covers you against the potentially devastating and utterly life-altering
loss of the insurance company. We can't have them collapsing, can we? :-/

--
Bob Milutinovic
Cognicom

My bike is 850 cc.
I am surprised at the different prices payable by some of the
contibutors here.
Personally I found that (previously at least) that I got a better
price from the NRMA when I went into the shop.

As I stated before, my original premium due on 16 Dec 2011 was
$485.33.
When I asked for a revised quote over the phone, it was reduced to
$382.80
That to me is substantial. The girl on the phone said she was
suprised, and had not heard of the changed fees.

Schroda