Common Contracts
1 similar Insurance License Agreement contracts
WHY DID THE INSURANCE SECTION OF THE LICENCE AGREEMENT CHANGE?Insurance License Agreement • May 5th, 2015
In 2004, the licence agreement was updated in readiness for the 2005 Insur- ance Regulations changes. This was designed for use by operators wanting to use the “SSA Insurance Option” to provide insurance to customers without having to be regulated by the FSA as it was known then. In 2012, the As- sociation decided to review the agreement wording as a whole, unrelated to insurance, but this gave the opportunity to review and change the insurance section, enabling changes to be made to reflect the deregulation of insurance sales in the industry that had taken place in 2009.
