Insurance Act 2015

1. Introductory Text

2. PART 1 Insurance contracts: main definitions

   1. 1. Insurance contracts: main definitions

3. PART 2 The duty of fair presentation

   1. 2. Application and interpretation

   2. 3. The duty of fair presentation

   3. 4. Knowledge of insured

   4. 5. Knowledge of insurer

   5. 6. Knowledge: general

   6. 7. Supplementary

   7. 8. Remedies for breach

4. PART 3 Warranties and other terms

   1. 9. Warranties and representations

   2. 10. Breach of warranty

   3. 11. Terms not relevant to the actual loss

5. PART 4 Fraudulent claims

   1. 12. Remedies for fraudulent claims

   2. 13. Remedies for fraudulent claims: group insurance

6. PART 4A Late payment of claims

   1. 13A. Implied term about payment of claims

7. PART 5 Good faith and contracting out

   1. Good faith

      1. 14. Good faith

   2. Contracting out

      1. 15. Contracting out: consumer insurance contracts

      2. 16. Contracting out: non-consumer insurance contracts

      3. 16A. Contracting out of the implied term about payment of claims: consumer and non-consumer insurance contracts

      4. 17. The transparency requirements

      5. 18. Contracting out: group insurance contracts

8. PART 6 Amendment of the Third Parties (Rights against Insurers) Act 2010

   1. 19. Power to change meaning of “relevant person” for purposes of 2010 Act

   2. 20. Other amendments

9. PART 7 General

   1. 21. Provision consequential on Part 2

   2. 22. Application etc of Parts 2 to 5

   3. 23. Extent, commencement and short title

10. SCHEDULES

    1. SCHEDULE 1

       Insurers' remedies for qualifying breaches

       1. PART 1 Contracts

          1. General

             1. 1. This Part of this Schedule applies to qualifying breaches of...

          2. Deliberate or reckless breaches

             1. 2. If a qualifying breach was deliberate or reckless, the insurer—...

          3. Other breaches

             1. 3. Paragraphs 4 to 6 apply if a qualifying breach was...

             2. 4. If, in the absence of the qualifying breach, the insurer...

             3. 5. If the insurer would have entered into the contract, but...

             4. 6. (1) In addition, if the insurer would have entered into...

       2. PART 2 Variations

          1. General

             1. 7. This Part of this Schedule applies to qualifying breaches of...

          2. Deliberate or reckless breaches

             1. 8. If a qualifying breach was deliberate or reckless, the insurer—...

          3. Other breaches

             1. 9. (1) This paragraph applies if— (a) a qualifying breach was...

             2. 10. (1) This paragraph applies if— (a) a qualifying breach was...

          4. Proportionate reduction

             1. 11. (1) If this paragraph applies, the insurer may reduce proportionately...

       3. PART 3 Supplementary

          1. Relationship with section 84 of the Marine Insurance Act 1906

             1. 12. Section 84 of the Marine Insurance Act 1906 (return of...

    2. SCHEDULE 2

       Rights of third parties against insurers: relevant insured persons

       1. 1. The Third Parties (Rights against Insurers) Act 2010 is amended...

       2. Individuals subject to debt relief orders in Northern Ireland

          1. 2. (1) Section 4 (relevant persons: individuals) is amended as follows....

       3. Corporate bodies etc in administration

          1. 3. (1) Section 6 (corporate bodies etc) is amended as follows....

       4. Transitional cases

          1. 4. In section 1(5)(b) (definition of “relevant person”), at the end...

          2. 5. (1) Schedule 3 (transitory, transitional and saving provision) is amended...

       5. Interpretation

          1. 6. After section 19 insert— Interpretation (1) The references to enactments in sections 4 to 7,...