Categories : ENGLISH AREA
Insurance Distribution Directive: Bund der Versicherten and BETTER FINANCE denounce the erosion of consumer protection rules
Date: 22nd August 2017 In 2016, the European Commission adopted the Insurance Distribution Directive (IDD) widening the Insurance Mediation Directive’s (IMD) scope with the aim of increasing transparency of price and costs of insurance products. The new directive introduces a simple, standardized insurance product information document (IPID) which provides clearer