Warning: your towbar could invalidate your car insurance

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Mar 14, 2005
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No supplier is the organisation that supplies the vehicle i.e. dealership, lease company hire purchase etc
In which case the CRA would not apply, as the CRA is only relevant to the contract the buyer has with the retailer or finance house if one has been used for the purchase. Manufacturers are not affected by th e CRA, unless they sell goods direct.
 
Jun 20, 2005
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If an insurance company fails to include a relevant question in their application form, whether online or not, then they should bear the consequences, not the policyholder.
And we have now gone full circle.
What came first ?
The chicken or the egg?

The principle of Disclosure has not changed. It is still mandatory for the Proposer to declare all information about he/she, the vehicle etc.

But this year the FOS and FSA have raised concerns that a Policy holder needs to have some idea exactly what it is the Insurer wants to know.

Somw3 are now in a kind of transition period where some Insurers are spelling out “modifications” whilst others have done nothing.
The amazing reversed decision by Allianz illustrates the fine line that is being trod.
But as I and the Prof have said , tell them everything about anything that wasn’t there when it left the factory. Ie fail safe.
 
Nov 6, 2005
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The Consumer Insurance Act came into force on April 6th 2013

Quote "your insurer will have to ask you specific questions to obtain relevant information about your circumstances when you buy insurance. The Consumer Insurance Act will give you legal protection if you unknowingly give incorrect or incomplete information to your insurer. This means your insurer will not be able to decline a claim on the grounds off non-disclosure unless you carelessly or deliberately lied or misrepresented your circumstances"
 
Jun 20, 2005
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The Consumer Insurance Act came into force on April 6th 2013

Quote "your insurer will have to ask you specific questions to obtain relevant information about your circumstances when you buy insurance. The Consumer Insurance Act will give you legal protection if you unknowingly give incorrect or incomplete information to your insurer. This means your insurer will not be able to decline a claim on the grounds off non-disclosure unless you carelessly or deliberately lied or misrepresented your circumstances"
Yet until this year not one Insurer defined the kind of subject matter they wanted disclosed.
I suspect the penny has dropped and unbeknown to us mere mortals Allianz had a pang of conscience even though the FOS supported the declinature.
Ten years on this shouldn’t be a discussion point with us mere mortals.
 

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