Industry in favour of 90-day cooling-off period
The industry has backed risk management association Airmic's voluntary clause outlining a 90-day cooling-off period in which an insurer can freely exchange information with a policyholder before resorting to a reservation of rights.
RoR enables insurers to reserve the right to refuse liability for a claim pending further enquiries, but Airmic chief executive John Hurrell, pictured, told Post that members often find insurers
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