FIN. TeamEIOPA and the European Commission have developed an editable version of the IPID template. Under the IDD, the IPID is required to be provided for non-life insurance products to enable the customer to make a more informed decision. FCA has proposed for the IPID requirement to only apply to retail customers rather than commercial customers.
The template is available in all official languages of the EU and follows the layout illustrated in the Annex to the IPID Implementing Regulation. There is no obligation on manufacturers of non-life insurance products to use the template and they can instead develop their own templates which comply with the IPID Implementing Regulation.
