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Insurer’s right to amend premiums and conditions of cancer insurance

Insurer’s right to amend premiums and conditions of cancer insurance

28.11.2014

The Insurance Complaints Board recently issued three recommended decisions about insurers’ rights to amend the premiums and conditions of cancer insurance. The recommendations serve as a reminder that insurers cannot amend an insurance contract on the whatever grounds and should draft the conditions carefully from the beginning.

Partners Matti Komonen and Herman Ljungberg from Hammarström Puhakka Partners, Attorneys Ltd, have written an update on this matter. The update titled “Insurer’s right to amend premiums and conditions of cancer insurance” has been published in the International Law Office’s newsletter.