Insurance Act, 2006 (Act 724)

Section 52: (1) An insurer shall not pay any commission to an insurance intermediary that is notĚ licensed under this Act.(2) An insurer that contravenes subsection (1) is liable to pay to the Commission the percuniary penalty stated in the First Schedule.

Procedures to Follow

Not Avaiable

Responsible Institution

National Insurance Commission


Relevant Forms to Download

Not Available

Fees / Charges

Not Avaiable