SCHEDULE 1
Insurers' remedies for qualifying misrepresentations
Part 1 Contracts
General
1.This Part of this Schedule applies in relation to qualifying...
Deliberate or reckless misrepresentations
2.If a qualifying misrepresentation was deliberate or reckless, the insurer—...
Careless misrepresentations—claims
3.If the qualifying misrepresentation was careless, paragraphs 4 to 8...
4.The insurer's remedies are based on what it would have...
5.If the insurer would not have entered into the consumer...
6.If the insurer would have entered into the consumer insurance...
7.In addition, if the insurer would have entered into the...
8.“Reduce proportionately” means that the insurer need pay on the...
Careless misrepresentations—treatment of contract for the future
9.(1) This paragraph— (a) applies if the qualifying misrepresentation was...
Part 2 Variations
10.This Part of this Schedule applies in relation to qualifying...
11.If the subject-matter of a variation can reasonably be treated...
12.Otherwise, Part 1 applies (with any necessary modifications) as if...
Part 3 Modifications for group insurance
13.Part 1 is to be read subject to the following...
14.References to the consumer insurance contract (however described) are to...
15.References to claims and premiums are to claims and premiums...
16.The reference to the consumer is to be read—
Part 4 Supplementary
17.Section 84 of the Marine Insurance Act 1906 (return of...