Covid-19 coronavirus: key legal considerations for bancassurance arrangements
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Publications: 21 March 2024
Publications: 21 March 2024
Publications: 21 March 2024
Publications: 21 March 2024
The ultimate consequences of the Covid-19 coronavirus pandemic remain unclear, but banks and insurers have begun to take stock of the potential risks and liabilities that they may face.
Bancassurance arrangements are among the more valuable commercial contracts that these financial institutions will need to scrutinise in light of current circumstances. We have summarised certain key legal and contractual issues in bancassurance arrangements that may arise from Covid-19.