Specific issues

10Contracting out

(1)

A term of a consumer insurance contract, or of any other contract, which would put the consumer in a worse position as respects the matters mentioned in subsection (2) than the consumer would be in by virtue of the provisions of this Act is to that extent of no effect.

(2)

The matters are—

(a)

disclosure and representations by the consumer to the insurer before the contract is entered into or varied, and

(b)

any remedies for qualifying misrepresentations (see section 4(2)).

(3)

This section does not apply in relation to a contract for the settlement of a claim arising under a consumer insurance contract.