Proposed changes to insurer remedies on non-disclosure
Steve Wright has dug deeper into the Contracts of Insurance Bill which is before Parliament and examined the proposed changes to non-disclosure.
This is a very basic summary of provisions relating to non-disclosure and insurer remedies as I interpret the Bill - I suspect others may come to different conclusions. The provisions are numerous and there is a lot of detail that can’t be covered in 800 words. As usual my comments are limited to life and health insurance.
Non-disclosure
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