If a client accepts an insurance quotation after its expiry date, what is the insurer's obligation?

When a client accepts an insurance quotation after its expiry date, the insurer is not obligated to accept the risk. Insurance quotations are typically valid for a specific period, and once that period has elapsed, the terms and conditions stated in the quote are no longer binding on the insurer.

This principle aligns with the law of contract whereby an offer must be accepted within a specified time frame for it to be valid. Once the acceptance period has expired, the insurer can choose not to engage because the underwriting conditions may have changed, or they might have re-evaluated the risk associated with the policy.

While it’s true that an insurer may choose to renew or renegotiate the terms if they wish to do business with the client again, they are not required to do so simply because the client accepted an expired quotation.