Examples of Policyholder Protection Rules in a sentence
Our rightsTo review rates and premiumsWe reserve the right to review the terms and conditions of a policy, including rates and premiums, in line with all applicable laws (e.g. the Policyholder Protection Rules).
In terms of Section 55 of the Short-Term Insurance Act, Policyholder Protection Rules have been promulgated.
The fair treatment of customers and how to achieve them have now been embedded in the current regulatory framework through amendments to the Policyholder Protection Rules (PPR’s), Rule 18 of the Long Term and Short Term PPR’s specifically.
Important and guiding material/ bodies include all six Treating Customers Fairly (TCF) Outcomes, the Financial Sector Conduct Authority (FSCA) and the Policyholder Protection Rules (PPR).
The Claims Management Framework serves to meet the requirements of Section 62 of the Long Term Insurance act and Rule 17 of the Policyholder Protection Rules.