Insurance

Question 1

The Consumer Insurance (Disclosure and Representation) Act 2012

Answer 1

• consumer

Question 2

The Insurance Act 2015

Answer 2

• consumers and non-consumers (mostly)

Question 3

Contract of insurance

Answer 3

• Prudential Insurance v Inland Revenue Commissioners [1904] 2 KB 658 at 663

Question 4

Consumer Insurance Contract

Answer 4

s.1 of 2012 Act
“ a contract of insurance between (a) an individual who enters into the contract wholly or mainly for purposes unrelated to the individual’s trade, business or profession, and (b) a person who carries on the business of insurance and who becomes a party to the contract by way of that business”