On 20 June 2018, the Law Commission and the Scottish Law Commission published an updated insurable interest draft Bill, together with accompanying notes. The draft Bill focusses on life insurance and other insurances which relate to human life, such as accident and health cover. A related Law Commission webpage gave full details of the background to the publication of the updated draft Bill.

Comments were originally requested by 14 September 2018, however, the Law Commissions say that they have had several requests for extensions to the deadline for comments, particularly because the consultation took place over the summer. In order to give people and organisations time to respond, they have therefore extended the deadline to 31 October 2018, although the above webpage still refers to the earlier date.