[HIGHLIGHTS] These overly expensive and often useless insurance contracts are in the crosshairs of the authorities

Prudential Control and Resolution Authority (ACPR) criticizes expensive and useless insurance contracts. GAV covers everyday bodily accidents resulting in injuries or even death.

30 million of these contracts equip the French. ACPR calls for better consideration of customer interests and more rigorous monitoring of contracts through indicators such as the rate of refusal of coverage and the ratio of claims paid/premiums paid by customers, writes Jean-Paul Faugère, vice-president of the ACPR for money.