If you enter into a long-term lease contract with purchase option, the merchant can require that you get insurance. The merchant may not, however, require that you purchase this insurance from a specific insurer.

Choice of insurance

When merchants require insurance, they must inform you that:

• you can purchase this insurance from the insurer or representative of your choice;
• you can provide insurance that you already hold.

The contract must then also include a mandatory reference to the insurance.

A merchant may, on reasonable grounds, refuse the insurance you have chosen or that you already hold.