CJEU rules on use of standards in imposing information duties on life insurance companies
| Authors | |
|---|---|
| Publication date | 2015 |
| Number of pages | 2 |
| Publisher | Brussels: European Parliamentary Research Service |
| Organisations |
|
| Abstract | The EU Directive applicable to life insurance sets out what kind of information insurance companies must give to policyholders. It also allows Member States to impose broader information duties, provided that the information is necessary for the policyholder to understand the contract. In its ruling of 29 April 2015, the EU Court of Justice allowed Member States to use open-ended standards to impose information duties, provided that sufficient legal certainty is guaranteed. |
| Document type | Report |
| Note | PE 559.486. - June 2015 |
| Language | English |
| Published at | http://www.europarl.europa.eu/RegData/etudes/ATAG/2015/559486/EPRS_ATA(2015)559486_EN.pdf |
| Permalink to this page | |