| 英文摘要 |
When entering into an insurance contract, consumers should have adequate opportunity to understand the content in order to determine its value and whether to purchase or not. Existing mechanisms aiming at protecting consumers’ right of information include the reviewing period in the Consumer Protection Act, information explanation duty in the Financial Consumer Protection Act, and the unconditional right to revoke the contract in standard provision of life insurance. The following questions are all worth discussing: What are the relationships among these regimes? How will they affect the stakeholders? How to apply these regulations? How to comprehend existing regulations and future developments? This article argues the legal effect in Paragraph 3, Article 11-1 in the Consumer Protection Act will cause undesirable consequence to the detriment of current insurance system, therefore, we should either consider the Article 11 in the Financial Consumer Protection Act as a special regulation, or exclude clauses regarding consideration from the application. |
