The new Insurance Act comes into effect from 12th August 2016. This is a new legal framework for Commercial Insurance and businesses need to be aware of their obligations in respect of their need for 'Duty of Fair Presentation' for policies arranged or renewed from this date.
RSA has produced a Fact Find on the subject. Please click here for more information.
If I arrange any business insurance for you, you will be required to return a signed and dated Terms of Business Agreement that states both party's obligations.
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