Transparency in insurance contract law

Abstract

The role of transparency in insurance is multi-faceted, with its importance being undoubtedly critical. In an age where transparency has arisen to a widely acknowledged “maxim” and whereby every aspect of our everyday life—insofar that it entails both private and business interactions—falls under strict regulation to abide with the transparency requirements that legislation imposes, it has become, more than ever before, imperative to look into the subject of transparency in insurance law. The current work is the first of two parts of an edited and comparative work, which is looking into the topic of transparency in insurance law and regulation in various common law and civil/continental law jurisdictions. The book, which forms Volume I, effectively discusses transparency in insurance contract law in the major common law and civil/continental law jurisdictions. Volume II focuses on the equally important aspect of transparency in insurance regulation in the various common law and civil/continental law jurisdictions. [Excerpt from the Preface]