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Insurance Act, 2006 (Act 724)

Section 45: An insurer shall not issue a new form of insurance product unless the Commission has given its prior written approval for the product.
(2) An insurer that contravenes subsection (1) is liable to pay to the Commission the percuniary penalty stated in the First Schedule.

Subject : Licensing of Insurance  

Procedure to Follow


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Responsible Institution
Relevant Forms to Download

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Online System
Fees/ charges

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