Insurance

Unfair terms rules kick in

Thursday 19th of March 2015

A ban on unfair contract terms took effect on Tuesday, focusing on contracts that unfairly privilege the company issuing the contract over the consumer.

It applies to all new contracts.

But there are a number of carve-outs for insurance policies.

Terms relating to insurers’ handling of non-disclosure, which had been suggested as one of insurance contract terms most likely t...

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