EIOPA · 1680
Technical Provisions (TPs)
- Regulation
- (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII)
- Article
- 18
- Topic
- Technical Provisions (TPs)
- Submitted
- 2021-08-17
- Answered
- 2021-08-17
Question
Should medical underwriting be considered a strict requirement of the "individual risk assessment" in determining the contract boundary of a policy?
Answer
The individual risk assessment referred to in Article 18(3) of Commission Delegated Regulation (EU) 2015/35 should allow the undertaking to gather sufficient information in order to form an appropriate understanding of the risks associated with the insured person (See also Guideline 4 of EIOPA's Guidelines on contract boundaries).
The individual risk assessment might involve medical underwriting, but this is not required.
This Q&A is published by European Insurance and Occupational Pensions Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.
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