Non-contestability won't reduce disclosure - judge

The comments follow concerns raised by providers and advisers proposals from the Law Commission suggesting insurers should prove non-disclosure within three years of a consumer taking out a policy will result in consumers lying or taking less care during the application process. But Lord Justice Roger Toulson disagrees and says the proposals do not present the risk of people taking less care in disclosing information during the application stage. Speaking to law firm Reynolds Porter Chamberlain (RPC), he states: “I don’t consider this to be a risk, because taking the example of innocent...