Consumer Insurance (Disclosure and Representations) Act 2012 (c. 6)

SCHEDULES

SCHEDULE 1 U.K. Insurers' remedies for qualifying misrepresentations

Part 1 U.K. Contracts

Deliberate or reckless misrepresentations U.K.

2 U.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

I1 Sch. 1 para. 2 in force at 6.4.2013 by S.I. 2013/450, art. 2