Regulatory Alerts2017-08-12
Added · Updated
Commission Implementing Regulation (EU) 2017/1469 laying down a standardised presentation format for the insurance product information document
This Regulation establishes a standardized format for the Insurance Product Information Document (IPID) for non-life insurance products, requiring specific content, structure, and visual elements. It mandates the inclusion of the provider's name and logo, references to full pre-contractual information, and strict length limits of two A4 pages (up to three if justified). The document must use clear language, follow a defined sequence of headings, and employ specific icons with designated colors to visually represent risks, coverage, exclusions, obligations, payments, duration, and termination.
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