How Long to Read Consumer Insurance Law

How Long Does it Take to Read Consumer Insurance Law?

It takes the average reader 3 hours and 27 minutes to read Consumer Insurance Law by Great Britain. Law Commission

Assuming a reading speed of 250 words per minute. Learn more

Description

This joint report recommends clarification of the law about the information which a consumer should tell an insurer when taking out a policy. It includes draft legislation to replace the current law which is more than 100 years old and was designed for ship owners insuring large vessels rather than today's consumer insurance market. Under that statute, insurers can refuse to pay out if a policyholder failed to disclose any relevant information, even if the consumer answered all questions that were asked honestly and reasonably. The draft Bill appended to the report will clarify a raft of existing rules and guidance employed by insurers, the Financial Services Authority and the Financial Ombudsman Service. Under the recommendations: insurers must ask questions about any matter which they wish to know in order to assess the risk being insured; consumers who take reasonable care to answer insurers' questions fully and accurately can expect to have any subsequent claims paid in full; if a consumer makes a careless mistake when answering a question, he or she might still be entitled to have some of the claim paid. The Commissions' recommendations follow a detailed consultation exercise - started with a discussion paper "Insurance contract law" (2007, LCCP 182/SLCDP 134, ISBN 9780117037823) - which found widespread support for the proposed changes from major insurers, insurance brokers and lawyers as well as consumer groups.

How long is Consumer Insurance Law?

Consumer Insurance Law by Great Britain. Law Commission is 204 pages long, and a total of 51,816 words.

This makes it 69% the length of the average book. It also has 63% more words than the average book.

How Long Does it Take to Read Consumer Insurance Law Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 43 minutes to read Consumer Insurance Law aloud.

What Reading Level is Consumer Insurance Law?

Consumer Insurance Law is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Consumer Insurance Law?

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