2U.K.If a qualifying misrepresentation was deliberate or reckless, the insurer—
(a)may avoid the contract and refuse all claims, and
(b)need not return any of the premiums paid, except to the extent (if any) that it would be unfair to the consumer to retain them.
Commencement Information
I1Sch. 1 para. 2 in force at 6.4.2013 by S.I. 2013/450, art. 2