On 18 October 2023, the Belgian Official Gazette published the Law simplifying the termination rules for insurance contracts.[1] This law aims to make it easier to switch insurers. The ultimate goal is to promote competition in the insurance market, leading to lower prices and better quality.
This article is available in Dutch and French.
[1] Law of 9 October 2023 simplifying the termination rules for insurance contracts, Belgian Official Gazette of 18 October 2023, 94239.