Changes to the Insurance Act 2015 came into force Friday the 12th of August.
Insurance act 2015 – Part 2 of the act states that ‘before a contract of insurance is entered into, the insured must make to the insurer a fair presentation of the risk,’ according to a direct gov report.* In another report by out-law.com, it states that ‘Brokers will no longer be subject to disclosure duties. Disclosure must be made in a reasonably clear and accessible manner, material representations of fact must be made in ‘good faith’.*
Safe and Insured will offer you a tailored service for all of your insurance needs and we will help you to acquire the right level of cover at a fair and transparent price. We also offer a number of different services. The list of services we offer includes home insurance, tradesman insurance, small business insurance, fleet insurance and income protection insurance.
With the new act coming into force, why not contact us to find out more information about the services we can offer. Call us on 0808 161 7008 or email info@safeandinsured.com.
*You can read both of the reports here:
1) http://www.legislation.gov.uk/ukpga/2015/4/contents/enacted
2) http://www.out-law.com/en/topics/insurance/insurance-regulation/the-insurance-act-2015-practical-changes-for-insurers-to-consider/