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ARTICLE · 08 SEPTEMBER 2021

Consumer Insurance Contracts Act 2019 Update

Dillon Eustace
Dillon Eustace
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Dillon Eustace

Dillon Eustace

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The remaining provisions of the Consumer Insurance Contracts Act 2019 (the Act), save for section 18(4), have commenced with effect from 1 September 2021.

IrelandCorporate/Commercial Law

The remaining provisions of the Consumer Insurance Contracts Act 2019 (the Act), save for section 18(4), have commenced with effect from 1 September 2021.

Background

The first set of provisions of the Act were brought into effect on 1 September 2020. You can read about them in detail in our previous briefing  here.

New Provisions

The commencement of what are widely regarded as the more onerous sections of the Act was deferred under the terms of the Consumer Insurance Contracts Act 2019 (Commencement) Order 2020 to allow insurers sufficient time to update their systems and processes.

The sections which have now commenced and will impact contracts entered, varied or renewed from 1 September 2021 are:

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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