In determining prominence, whenever information must be disclosed prominently as required by these rules, consideration must, as appropriate, be given to – The target audience of the advertisement.The likely information needs of the average targeted...
If a policyholder terminates or intends to terminate a group scheme policy, the insurer of the policy being terminated must notify the Authority of the termination or intended termination as soon as reasonably possible after becoming aware of the termination or...
If an insurer intends to terminate a group scheme policy, the insurer, despite any terms and conditions provided for in a policy, must – Give the policyholder and the Authority at least 31 days’ written notice of the intended termination.Be able to demonstrate that it...
If an insurer intends to terminate a policy because of circumstances other than the following, the insurer, despite any terms and conditions provided for in a policy, must give the policyholder at least 31 days’ written notice of the intended termination: Non-payment...
Material change refers to any change in circumstances that results in a policyholder or beneficiary not being entitled to claim a policy benefit under a policy Termination in relation to a policy, means that a policy comes to an end, for any reason, and includes – The...