Prior to the formation of a contract of insurance, a financial service provider shall determine the wishes and needs of the client based on the information provided by the client.
The financial services provider shall ensure that information is provided only on insurance that is appropriate to the client's wants and needs.
The first and second paragraphs apply mutatis mutandis to insurance offered together with another financial product or financial service as part of a package or of the same agreement.
Regulations based on this article (delegated regulations)
No
Policies and circulars that have this article as legal authority
No
Articles or similar text referring to this article
(01-05-2021)
|
Effective date |
Retroactivity |
Subject |
Signature |
Announcement |
Chamber documents |
Signature |
Announcement |
Note |
|
new |
2018 |
2018 |
||||||