DUTY TO INFORM CONSUMER OF INSURANCE SERVICES IN GERMAN LAW

The author deals with the analysis of information duty in German law. Having in mind that German Insurance Contract Law adopts the so-called informative paradigm of protection of consumers of insurance services, one of the essential issues is which information should be given to the consumer before concluding the insurance contract as well as during validity of insurance contract. Apart from the provision of the Insurance Contract Law, the author analyses the Decree on duty to inform, which specifi ed the contents of the mentioned duty. The author advocates for the adoption of a very similar approach in Serbian law and adoption of the bylaw which would introduce the so-called list of information on insurance product and precisely defi ne the volume and the contents of information which should be given to the consumer of insurance services.

Key words: Protection of consumers of insurance services, Information duty, German law.