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Version status: Entered into force | Document consolidation status: Updated to reflect all known changes
Version date: 22 February 2016 - onwards
Version 2 of 2

Article 18 General information provided by the insurance intermediary or insurance undertaking

DRAFT To be replaced Article 2 Amendments to Directive (EU) 2016/97 of the Proposal for a Directive of the European Parliament and of the Council amending Directives (EU) 2009/65/EC, 2009/138/EC, 2011/61/EU, 2014/65/EU and (EU) 2016/97 as regards the Union retail investor protection rules (Text with EEA relevance) (COM(2023) 279 final / 2023/0167 (COD)) (updated 19 September 2024 with Information Note - List of WKs published from 1 January to 30 June 2024)

Member States shall ensure that:

(a) in good time before the conclusion of an insurance contract, an insurance intermediary makes the following disclosures to customers:

(i) its identity and address and that it is an insurance intermediary;

(ii) whether it provides advice about the insurance products sold;

(iii) the procedures referred to in Article 14 enabling customers and other interested parties to register complaints about insurance intermediaries and about the out-of-court complaint and redress procedures referred to in Article 15;

(iv) the register in which it has been included and the means for verifying that it has been registered; and

(v) whether the intermediary is representing the customer or is acting for and on behalf of the insurance undertaking;

(b) in good time before the conclusion of an insurance contract, an insurance undertaking makes the following disclosures to customers:

(i) its identity and address and that it is an insurance undertaking;

(ii) whether it provides advice about the insurance products sold;