Does the insurer have unilateral rights to change policy conditions without notice?

The insurer does not have unilateral rights to change policy conditions without notice. In most insurance contracts, any modifications to the policy, including changes to its conditions, typically require a mutual agreement between the insurer and the insured. This principle is grounded in the concept of good faith and fair dealing, which underlines the relationship between insurers and policyholders. In general, policyholders must be informed about significant changes that might affect their coverage or the terms of the insurance agreement.

This requirement for notification is designed to protect the interests of the insured and ensure transparency in the insurance process. Changes made without the insured's knowledge could undermine trust and potentially lead to disputes regarding coverage and obligations in the event of a claim. Therefore, in order for changes to be valid and enforceable, they must be communicated and agreed upon, ensuring that the policyholder remains informed and involved in decisions affecting their coverage.