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TRAVEL INSURANCE NEW ZEALANDCombined Financial Services Guide (FSG) and Product Disclosure Statement (PDS) Effective 22 February 2017BECAUSE LIFE A TRIP! We know that no two individuals or trips are

How to fill out and product disclosure statement

How to fill out and product disclosure statement

1. Start by reading the entire product disclosure statement (PDS) thoroughly to understand the terms and conditions of the product or service being offered.
2. Take note of any key information such as fees, charges, benefits, and risks associated with the product.
3. Gather all necessary personal and financial information that may be required to complete the PDS.
4. Fill out the PDS form accurately and provide all requested information.
5. Pay close attention to any sections that require you to make selections or choices.
6. If you have any doubts or questions, seek clarification from the provider or contact their customer service.
7. Review your completed PDS form to ensure all information is correct and complete.
8. Sign and date the PDS form as required.
9. Make a copy of the filled-out PDS for your records.
10. Submit the completed PDS form to the designated recipient as instructed in the PDS.

Who needs and product disclosure statement?

1. Anyone who is considering purchasing or availing a financial product or service should read and understand the product disclosure statement (PDS).
2. It is particularly important for individuals who want to make informed decisions about their financial investments or commitments.
3. Whether you are planning to invest in shares, purchase insurance, open a superannuation account, or take out a loan, understanding the PDS can help you assess the suitability and risks associated with the product or service.
4. Both individuals and businesses can benefit from reading and filling out a PDS to ensure they are aware of the terms, conditions, and obligations involved.

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What is a product disclosure statement?

A product disclosure statement is a document that provides details about a financial product, including its features, fees, risks, and benefits.

Who is required to file a product disclosure statement?

Companies offering financial products are required to file a product disclosure statement.

How to fill out a product disclosure statement?

To fill out a product disclosure statement, companies need to provide accurate and comprehensive information about the financial product being offered.

What is the purpose of a product disclosure statement?

The purpose of a product disclosure statement is to inform customers about the key features, risks, and costs of a financial product so they can make informed decisions.

What information must be reported on a product disclosure statement?

A product disclosure statement must include details about the product's features, fees, risks, and benefits.