Insurance Contract Law

The Law Commission is to move to protect consumers from unfair clauses hidden in the small print of financial services contracts.

The government has given the green light to reforms which will mean insurers, not consumers, have the responsibility to provide all information regarding underwriting risk.

The All Party Parliamentary Group on Insurance and Financial Services (APPG) has given strong backing to the proposals to reform consumer insurance contract law.

Law Commission proposals to hold insurers liable for damages after delays or refusing to pay a valid claim have been welcomed.