Guidelines On Applications For Approval Of New And Repackaged Life Insurance Products

The provision should state how the death benefit will be adjusted if the age of the insured has been misstated. The misstatement of age provision would normally state that the amount of benefit payable will be adjusted to the amount of insurance that the premiums paid would have provided had the insuredís age been stated correctly

Procedures to Follow

Not Avaiable

Responsible Institution

National Insurance Commission


Relevant Forms to Download

Not Available

Fees & Charges

Not Avaiable