Insurance act 2015

[aspenarb]

Comes into effect Aug 2016, its going to be a rude awakening for those that dont disclose 100% of the facts to their insurers.

 

http://www.aon.com/unitedkingdom/products-and-services/industry-expertise/attachments/Insurance-act-2015.pdf

 

Bob

[Stubby]

Are insurers going to disclose ( in BIG print ) any circumstances were they wont pay out before you pay your premium ?

[hamdogg]

Are insurers going to disclose ( in BIG print ) any circumstances were they wont pay out before you pay your premium ?

 

 

I doubt it!!!

[Goaty]

It's a shame in this age of technology, someone doesn't create an alternative IT based PayPal type setup. Where members just put a % of their income in a pot and its dealt with. Instead of the double ended conning that goes on.

I turnover little, never give them any hassle or claim. Yet every year they bring up an excuse why they can't continue last years policy without wasting hours of our time.

 

"You work above 2m or you work below 2m. "

 

Yes just like last year😡

 

It would be simpler, more profitable and time saving to just add a small increase to last years premium. The word premium is a fallacy. Doesn't it mean the tops, exclusive, better than standard?

[SteveA]

Comes into effect Aug 2016, its going to be a rude awakening for those that dont disclose 100% of the facts to their insurers.

 

http://www.aon.com/unitedkingdom/products-and-services/industry-expertise/attachments/Insurance-act-2015.pdf

 

Bob

 

Just skim read that and didn't understand much of it. It's like they have their own language designed to confuse ordinary folk.

Cheers, steve