✓ Passed into LawLords
UK Parliament · Bill
Insurance Act 2015
Summary
The Insurance Act 2015 sets out clearer rules for how insurance companies must treat their customers. It requires companies to be honest when selling policies, handle claims fairly, and treat customers properly—aiming to stop unfair practices and give people better protection when they buy insurance.
A vote to support means
- —Supporting this Act means backing stronger rules to protect people buying insurance. It makes insurance companies be more honest about what they're selling and fairer when paying out claims, so customers aren't tricked or unfairly refused money they're owed.
A vote to oppose means
- —Critics worry the new rules might make insurance more expensive for customers because companies have extra costs to follow the stricter regulations. Some also argue it could reduce competition between insurers if smaller companies can't afford to meet all the new requirements.
Cast Your Vote
People's Vote0 votes
0% Support · 00% Oppose · 0
Bill Passage
Commons
- 1st reading16 Jan 2015
- 2nd reading27 Jan 2015
- Committee stage3 Feb 2015
- Report stage3 Feb 2015
- 3rd reading3 Feb 2015
Lords
- 1st reading17 Jul 2014
- 2nd reading30 Jul 2014
- Committee stage2 Dec 2014
- Committee stage2 Dec 2014
- Committee stage3 Dec 2014
- Report stage8 Jan 2015
- 3rd reading15 Jan 2015
Royal Assent12 Feb 2015
Full Bill Description(click to expand)
No description available