Hire-Purchase Act 1969 · 2020 Revised Edition · Part 6 · Insurance
28. Contents of contracts of insurance
Feedback & supportEvery copy of a policy of insurance (not being a policy of third‑party insurance) and every statement, served upon a hirer under section 4, shall —
hirer
“hirer” means the person who takes or has taken goods from an owner under a hire‑purchase agreement or a conditional sale agreement and includes a person to whom the hirer’s rights or liabilities under the agreement have passed by assignment or by operation of law;
identify the goods or the part of the goods to be insured;
goods
“goods” includes any replacement or renewal by the hirer of any part or parts of any goods and any accessory added or addition made to any goods by the hirer during the period of the hiring;
contain a statement of the amount and period for which the goods are insured or are to be insured; and
if the amount for which the goods are or are to be insured will vary during the period of the agreement, contain a statement showing the varying amounts.