What you need to know about the Insurance Act 2015

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What you need to know about the Insurance Act 2015

By on Jul 4, 2016 in P J Hayman Update |

Dear Supporting Broker,

12th August 2016 sees the implementation of the highly anticipated Insurance Act. Along with the consumer insurance reforms that came into effect in 2013, it represents the most significant change to insurance contract law in this country for over 100 years.

Insurance Act

Insurance Act 2015

We have prepared a brief guide to the Insurance Act and how it will affect Brokers. Click here to read our guide.

Sales Scripts

To help Brokers with the data gathering and sales process in the light of these coming changes, we have prepared scripts as below:


Changes to our Terms of Business Agreement

It is the duty of the Broker/Intermediary to ensure that the client understands the implications of the non-disclosure of material facts and that such non-disclosure could jeopardise the validity of an insurance policy or payment of claims.

We have updated our Terms of Business Agreement to coincide with the implementation of the Insurance Act.

To download your new Terms of Business Agreement, please click here.

Please print the TOBA, complete the highlighted sections with your details, sign, date and scan a copy to info@pjhayman.com. Alternatively, please post it, retaining a copy for yourself, to;

P J Hayman & Company Ltd
Stansted House
Rowlands Castle

We are here to help

If you have any questions regarding the above, please contact the Broker Development Team on 02392 419 050 or contact us – we’ll be delighted to help.

Thank you for your continued support.

Yours faithfully

Jon Mainwaring
Broker Development Manager
P J Hayman & Co Ltd

Tel: 02392 419 051
Fax: 02392 419 049

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