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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 May 2003 - onwards
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43E. Regulations (life assurance).

(1) Without prejudice to the generality of subsection (1) of section 43D, regulations made under that subsection may provide in relation to life assurance:

(a) that any or all of the following information shall be provided by an insurer or insurance intermediary to a client before the conclusion of the policy of insurance concerned:

(i) the type of policy;

(ii) the purpose and intention of the policy;

(iii) whether the policy replaces, in whole or in part, an existing policy with the insurer concerned or any other insurer which has been or is to be cancelled or in respect of which any benefit or cover has been or is to be reduced;

(iv) where an existing policy has been or is to be cancelled or any benefit or cover has been or is to be reduced, the financial consequences, if any, for the client;

(v) a written statement that the premium includes the cost of the policy and any other amount payable, if any;

(vi) the circumstances in which a premium may be reviewed or increased and the cons

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