Hiscox's Derrick Potton on going the extra mile with the Insurance Act
As the saying goes, ‘You get what you pay for'. We all hope that's the case, but when it comes to insurance that can come with some caveats. ‘You get what you pay for' - unless you failed to disclose information, however innocently, to your insurer when taking out a policy that could have been relevant to a subsequent claim, in which case, you might get nothing.
At least that was the situation prior to the introduction of the Insurance Act 2015, which came into force for ‘non-consumer' insurance policies taken out from August 2016 onwards. The Act sought to
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