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| Long title | An Act to make provision about disclosure and representations in connection with consumer insurance contracts. |
|---|---|
| Citation | 6 |
| Text of the Consumer Insurance (Disclosure and Representations) Act 2012 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk. | |
The Consumer Insurance (Disclosure and Representations) Act 2012 (c.6)[1] is a UK Act of Parliament that makes important reforms to insurance law.
The Act was a consequence of the Law Commission's millennium review of the law of insurance that has been ongoing since 2006. The review examined insurance in general, and of marine insurance in particular.[2] The new legislation is a response to a consensus that the Marine Insurance Act 1906 is old-fashioned, it no longer represents current practice, and it undermines the continuing dominant position of English Insurance in the global market.[3]
The Act has since been complemented by the Insurance Act 2015; and both of these modern Acts have significantly amended the Marine Insurance Act 1906, particularly in the area of misrepresentation and disclosure.
- ^ The Consumer Insurance (Disclosure and Representations) Act 2012 (c.6)
- ^ http://insurance.dwf.co.uk/news-updates/2015/02/the-insurance-act-2015-is-here…or-almost-here/[permanent dead link]
- ^ "Learning content hub | Chartered Insurance Institute (CII)".