Houseman's Law of Life Assurance cover


Unique in its depth of coverage and currency, Houseman's Law of Life Assurance has established a well-deserved reputation as an authoritative practitioner work on life assurance and is renowned for its practical insight into the workings of the industry.

In addition to being fully updated to take account of new legislation and case law the new 15th edition also covers developments including:

Significant structural changes to the UK regulatory framework since the 14th edition and in particular the creation of the Prudential Regulation Authority (PRA) and the Financial Conduct Authority each with their own different statutory objectives;
Creation of the PRA and the introduction of a new rulebook with a different structure for conveying regulatory guidance;
Implementation of the Solvency II Directive which has made fundamental changes to the way insurers calculate their capital, invest their assets and govern their businesses;
Changes to insurance law on misrepresentation and warranties and the new duty on consumers to take reasonable care not to make a misrepresentation and on non-consumers to make a fair presentation of the risk;
New e-commerce chapter to reflect the growing importance of this distribution channel for life insurance products;
Anticipated changes to the regime applicable to insurance distribution because of the Insurance Distribution Directive and rules relating to packaged insurance investment contracts, including the impact on remuneration of intermediaries;
Changes to the UK compensation scheme for insurance policyholders.

This title is included in Bloomsbury Professional's Insurance Law online service.

Table of Contents

Chapter 1 The contract of life assurance
Chapter 2 Insurance law issues
Chapter 3 FSMA and the life office
Chapter 4 Intermediation and distribution of life insurance products
Chapter 5 Financial promotion and product disclosure
Chapter 6 With-profits funds
Chapter 7 Prudential regulation
Chapter 8 Life reassurance
Chapter 9 Claims and title to life policies
Chapter 10 Assignments and Mortgages
Chapter 11 Trusts and life assurance
Chapter 12 Insolvency and MWPA trusts
Chapter 13 The framework for pension scheme products sold by life offices
Chapter 14 Income tax, capital gains tax, inheritance tax and the use of life policies in inheritance tax planning
Appendix 1 Life Assurance Act 1774
Appendix 2 The Policies of Assurance Act 1867
Appendix 3 Statement of long-term insurance practice
Appendix 4 Specimen Power of appointment
Appendix 5 Statutory declaration
Appendix 6 Deed of Indemnity
Appendix 7 Payment into Court by Life Assurance Company (Ord 92, r 1)
Appendix 8 Deed of Assignment
Appendix 9 Notice of Assignment
Appendix 10 'Double Option' Agreement

Product details

Published 11 Nov 2016
Format Ebook (Epub & Mobi)
Edition 15th
Extent 950
ISBN 9781784514495
Imprint Bloomsbury Professional
Publisher Bloomsbury Publishing

About the contributors


Robert Surridge

Robert Surridge is a retired Senior Counsel.


Noleen John

Noleen John is a corporate and regulatory insuranc…


Brian Murphy

Brian Murphy is Financial Planning Manager at AXA…