Codex-Insurance.com
Title
Codex-Insurance, news and informations about insurance topics
Description
Excerpted from the website:
- The Commission has served on Luxembourg a formal request to stop imposing a compulsory system of excesses in third party motor insurance. In the Commission's view, a system whereby the maximum amounts of excesses are laid down by law for all insurance policies covering third party liability in respect of vehicles habitually used in a Member State must be considered contrary to the freedom to market insurance products introduced by the third non-life insurance Directive.
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