We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies. Close


Insurance Broking Practice and the Law

Chapter 12 TERMINATION INTRODUCTION 12-1 We have already seen that at placement, the broker is under a duty to ensure that the insured is properly covered. 1 To discharge this duty the broker will need to make sure, amongst other things, that the insured has insurance cover in place for the period necessary to cover the risk in question. While the most likely cause of a breach of that duty is a failure to ensure that the cover incepts in time to cover a loss or claim, the broker needs to be equally wary of his potential exposure should cover terminate before a loss occurs or a claim is made. Errors may occur for various reasons but they most commonly stem from:

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, please enter your details below to log in.

Enter your email address to log in as a user on your corporate account.
Remember me on this computer

Not yet an i-law subscriber?


Request a trial Find out more