All bills/Insurance (Prompt Settlement of Claims for Uninhabitable Residential Property) Bill
[ • ]Member's bill · 2019 · Introduction

Insurance (Prompt Settlement of Claims for Uninhabitable Residential Property) Bill

20% chance of passing

Where it is in Parliament

Introduction
First Reading
Select Committee
Second Reading
Committee of Whole House
Third Reading
Royal Assent
Enacted
What the official record says
This Act is the Insurance (Prompt Settlement of Claims for Uninhabitable Residential Property) Act . This Act comes into force on the day after the date on which it receives the Royal assent. The purpose of this Act is to facilitate the prompt settlement of insurance claims arising from uninhabitable residential properties. In order to achieve its purpose, this Act requires an insurer to— take all reasonably practicable steps to ensure that an insurance claim relating to an uninhabitable property is processed as promptly as possible; and decide whether to accept or decline a claim relating to an uninhabitable property and notify the insured of this decision within 6 months of receiving the claim. In this Act, unless the context otherwise requires,— has the meaning given by means the statut
Plain English breakdown

Legal information, not legal advice. Bill stage and pass probability are estimates based on the public record.