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EIOPA produces draft Insurance Product Information Document (IPID) template

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Open-access content 5th July 2017

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Under the European Union Insurance Distribution Directive (IDD), manufacturers of insurance products will be required to provide consumers with standard information for a policy, similar to a policy summary, prior to sale.

The European Insurance and Occupational Pensions Authority (EIOPA) has drafted a suggested template which is designed to help consumers make more informed decisions.

To download a copy of the draft IPID template visit: http://bit.ly/2lGQjq8

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