VakO 15.9.1998/2361:98
AI generated
Insurance court dismissed claim for additional premium due to insurer's failure to prove policyholder's age at policy inception.
Legislator summary
AI generatedThe Finnish Insurance Court dismissed the policyholder's claim for an additional premium based on their age at the time of policy issuance. The insurer argued that the policyholder had misrepresented their age, but failed to provide evidence proving the specific age at inception. Consequently, the court ruled that without proof of misrepresentation, the insurer could not adjust the premium retroactively.
Legislator headnote
AI generatedInsurance Act 1993, s. 10; Insurance Contract Act 1993, s. 15: An insurer may only claim additional premiums for age-related adjustments if it can substantiate the policyholder's age at the time of contract formation with credible evidence.
Keywords
AI generated
insurance contract formation
age misrepresentation
additional premium claim
burden of proof
policyholder age verification
Cited Legislation
AI generatedInsurance Act 1993, s. 10
Insurance Contract Act 1993, s. 15
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