1.

Member States shall ensure that in good time before the conclusion of an insurance contract, an insurance intermediary provides the customer with at least the following information: whether it has a holding, direct or indirect, representing 10 % or more of the voting rights or of the capital in a given insurance undertaking; whether a given insurance undertaking or parent undertaking of a given insurance undertaking has a holding, direct or indirect, representing 10 % or more of the voting rights or of the capital in the insurance intermediary; in relation to the contracts proposed or advised upon, whether: it gives advice on the basis of a fair and personal analysis; it is under a contractual obligation to conduct insurance distribution business exclusively with one or more insurance undertakings, in which case it is to provide the names of those insurance undertakings; or it is not under a contractual obligation to conduct insurance distribution business exclusively with one or more insurance undertakings and does not give advice on the basis of a fair and personal analysis, in which case it is to provide the names of the insurance undertakings with which it may and does conduct business; the nature of the remuneration received in relation to the insurance contract; whether in relation to the insurance contract, it works: on the basis of a fee, that is the remuneration paid directly by the customer; on the basis of a commission of any kind, that is the remuneration included in the insurance premium; on the basis of any other type of remuneration, including an economic benefit of any kind offered or given in connection with the insurance contract; or on the basis of a combination of any type of remuneration set out at points (i), (ii) and (iii).

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Source: EUR-Lex (Cellar) · retrieved 2026-10-28 · Text as adopted (Official Journal); later amendments are not incorporated in this text.