Pre-Contractual Duty of Information
The duty to inform helps parties make informed decisions about entering into contracts.
Includes obligations for both insurers and policyholders regarding information disclosure.
Insurer's Duty of Information
Insurers must notify policyholders about all relevant information before the contract is established.
The regulation outlines details regarding the topics to be communicated to policyholders.
Performance of Information Duties
Insurers and their agents are responsible for fulfilling the duty to inform policyholders.
Information must be provided in writing or through official channels if necessary.
Content of Information Provided
Must cover all matters related to the insurance contract including rights and important conditions.
Policyholders should be informed about exceptions and special clauses applicable to their coverage.
Breach of Information Duties
If information is not provided, the contract may be considered concluded if no objections are raised within 14 days.
Requests for termination and compensation can arise if proper information duties are not fulfilled.
Policyholder's Duty of Disclosure
Policyholders must provide comprehensive information to allow insurers to assess risks accurately.
Insurers rely on policyholders to self-disclose important information to facilitate contract conditions.
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