The FME has published on its website a circular, dated 15 March 2006, regarding insurers permission to gather information when providing life insurance and Article 82 in the Insurance Contract Law no. 30/2004 (obligation of the policyholder and insured to provide information on the risk, restrictions on information provision).

The Circular Note can be downloaded here. 

Mr. Rúnar Guðmundsson provides more information if needed.