Articles, Banking and Capital Markets
CJEU decided that an insurance contract must set out transparently, in plain, intelligible language, the functioning of the insurance arrangements
In the given case, the principal dispute had as object two loan contracts signed by Mr. Van Hove. At the time of concluding those loan contracts, he also signed a ˜group insurance contract with CNP Assurances, through which CNP Assurances guarantees to cover all loan repayments ˜due from the borrowers to the contracting party in […]