Contracting out of the Insurance Act 2015
The Law Commission has consulted with the insurance market over eight years prior to the Consumer Insurance (Disclosures and Representations) Act 2012 and the Insurance Act 2015. Both Acts were based on the market's view of best practice.
The Law Commission separated consumers from businesses but, in accordance with the majority view, proposed only one business insurance law. There are, therefore, no provisions that relate specifically
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