There are two ways to get CAP coverage. The first type is an insurance policy sold by a broker. The second type is a waiver contract sold by a CFO and insurance company. The first is regulated by the insurance industry, the second is unregulated. [Citation required] In both cases, the cover is usually the same and sold as a sweet product by the car dealer. Coverage is generally financed at the same time as leasing/loan. Claims are subject to a total loss. The total amount of damages is usually determined by the external expert of the basic insurance company. [Citation required] The Commonwealth, states and territories, local governments and the Peak Coalition are jointly responsible for the implementation of the National Agreement and are jointly responsible for the results and objectives of the National Agreement. All parties to the National Agreement have recognized that it must be a flexible and “living” document that works with the best evidence as soon as it is available.
The Productivity Commission will publish a scoreboard containing data and related materials on progress towards the goals. The scoreboard is updated regularly (at least annually) and maintained for the duration of the national agreement. Goals are specific and measurable objectives that are monitored to show how progress is being made in each area of outcomes. Among each of these objectives, there are indicators that help to make people understand how progress is being made. In September 2015, the FCA changed the way insurgent gap prices are sold by car dealers in the UK. Claims rates for CAP insurance (the amount paid versus premiums paid) were only 10% between 2008 and 2012, meaning that only $10.00 was paid for every $100.00 in premiums. The poor value for money given to consumers led the ACF to require that, for the first time within 12 months of each independent audit conducted by the Productivity Commission, there will be independent audits by Aboriginal and Torres Straiter Islanders. These audits provide an opportunity to gain a better understanding of the experience of Torres Strait Aborigines and Islanders through this national agreement. CAP insurance covers the amount of a loan that is the difference between the amount owed and the amount covered by another insurance policy.  Some CAP guidelines also cover deductibles.
 This coverage is marketed for low down payment loans, high-rate loans and loans of 60 months or more. CAP insurance is usually offered by a financial company at the time of purchase. Most auto insurance companies offer this insurance coverage to consumers. CAP insurance is usually paid in advance and, for this reason, a refund is entitled if he sells or refinances his vehicle.  In addition to the scoreboard, the Productivity Commission will conduct a comprehensive and independent review of progress every three years. This review will analyze progress in achieving reforms, objectives, indicators and priority trajectories. It will also examine the factors that contribute to progress based on evaluations and other lessons learned. The national agreement contains areas of action for data development. These are areas that are important to our understanding of the results of the Torres Strait Aborigines and Islanders, but are not measurable at this time.
The Joint Council will report annually to the contracting parties on the agreement on progress made in implementing the national agreement. Each implementation plan outlines how policies and programs will be aligned with the national agreement and what steps will be taken to achieve priority reforms. They will provide information on the financing and timing of actions. The expertise and experience of the Peak Coalition and its membership have been essential to the obligations arising from this national agreement. This also applies to feedback on the many 2019 engagements with the Aborigines and Torres Strait Islander