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- CHAPTER V
Article number: 18
Member States shall ensure that:
(a) in good time before the conclusion of an insurance contract, an insurance intermediary makes the following disclosures to customers:
(i) its identity and address and that it is an insurance intermediary;
(ii) whether it provides advice about the insurance products sold;
(iii) the procedures referred to in Article 14 enabling customers and other interested parties to register complaints about insurance intermediaries and about the out-of-court complaint and redress procedures referred to in Article 15;
(iv) the register in which it has been included and the means for verifying that it has been registered; and
(v) whether the intermediary is representing the customer or is acting for and on behalf of the insurance undertaking;
(b) in good time before the conclusion of an insurance contract, an insurance undertaking makes the following disclosures to customers:
(i) its identity and address and that it is an insurance undertaking;
(ii) whether it provides advice about the insurance products sold;
(iii) the procedures referred to in Article 14 enabling customers and other interested parties to register complaints about insurance undertakings and about the out-of-court complaint and redress procedures referred to in Article 15.
Metadata
RULEBOOK TOPIC: CHAPTER V - INFORMATION REQUIREMENTS AND CONDUCT OF BUSINESS RULES
RULEBOOK CATEGORY: Directive (EU) 2016/97 (Insurance Distribution Directive)
Last update on: 14 Jan 2021