Clearer, and more consumer-friendly information is needed to prevent the ‘illusion of being insured’ for natural catastrophe coverage, EIOPA study finds
The European Insurance and Occupational Pensions Authority (EIOPA) released a new study today highlighting the importance of clearer, and more consumer-friendly information disclosures regarding the natural catastrophe coverage of home insurance policies. EIOPA’s analysis of Insurance Product Information Documents (IPIDs) shows that while many insurers demonstrate good practices in disclosing essential information, there is still … Leer más
