CIPR 6.3.3 Initial disclosure documents need not be provided in certain circumstances

(1) A QFC insurer need not give an initial disclosure document to a customer in the course of renewing or amending a non-investment insurance contract if:
(a) the insurer has already given the customer an initial disclosure document in relation to the contract; and
(b) the information in the document is still accurate and up-to-date.
(2) For types of insurance (such as car insurance) where it is customary for customers to obtain 2 or more premium quotations and compare them, a QFC insurer need not provide an initial disclosure document with a quotation. However, if a quotation is accepted, the insurer must provide an initial disclosure document before the contract is completed.
Derived from QFCRA RM/2019-2 (as from 1st January 2020).