Junk insurance refunds: Tracey heard about junk insurance one night before receiving a $90,000 refund

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Tracey was at home cooking dinner one night when she heard a 7NEWS segment about junk insurance. Months later, she would receive a $90,000 refund she had no idea she was owed. “When I heard the segment I went ‘oh my goodness’ and quickly wrote all the information down,” she told 7NEWS.com.au. The mother of two contacted Claimo, who assist Australians in junk insurance refunds. Junk insurance refers to coverage that is either unnecessary or worthless.

“I can also help out my boys, as well as fix up a couple of things around the house that I haven’t been able to afford with the rising cost of living.” Royal Commission The Australian Securities and Investments Commission says remediation is still available for millions of Australians for “fees for no-service misconduct or non-compliant advice” as well as “junk insurance” cashback payments.


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