Insurers must justify dropping drivers over 70

Motor insurance companies must now document their reasons when terminating coverage to people aged over 70, under a law passed by the House on Thursday.

Tabled by Volt MP Alexandra Attalidou, the bill aims to end discriminatory practices by insurance companies against senior citizens.

Companies must inform in writing elderly customers of their intention to terminate their motor insurance coverage. If they do not, they are subject to fines.

Customers must be notified at least three months prior.