IBSC launches consultation on under insurance
Discussion paper aims to establish what a broker's duties to a client should be.
The Insurance Brokers' Standards Council (IBSC) has launched a consultation paper for its members addressing what a broker's duties should be in relation to the issue of inadequate and under insurance.
The body said there has been much debate and publicity around the issue and the corollary to that is a greater incidence of such cases and not only those where a loss occurs.
"The nub of this paper is that insurance brokers should clarify what advice they are and are not going to give and that
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