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ZAF-2001-R-59093
Breadcrumb
Title_of_text
Long-Term Insurance Act (52/1998): Financial Services Board: Policyholder Protection Rules (R. 165).
Main Region
First Region
Country(ies)
South Africa
Subjects (Classification)
Economic and social policy
Adopted on (Date of text)
2001-02-23
Scope of text
National
Type of legislation (Type of text)
Regulation, Decree, Ordinance
Second Region
Abstract/Citation
Makes provision for disclosure rules so as to enable policyholders to make informed decisions with regard to long-term insurance products and to ensure that intermediaries and insurers conduct business honestly and fairly, and with due care and diligence. Individual sections provide for rules on disclosure, on replacement policies, on cancellation of policies and cooling-off, on group schemes and fund policies, and special provisions regarding marketing of products directly to the public, and policy loans and cessions.
Entry dates region
Date of entry into force
2001-07-01
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Serial region
Serial title
Official Gazette
Date
2001-02-23
Volume
Vol. 428
Number
No. 22085
Page range
pp. 3-61