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

As a standard, all  Reparkaged Life insurance policy forms must contain a description of the type of product the policy represents. This description, which is usually on the first page should also include a statement as to whether the policy is a participating or non-participation policy. The policy forms must also include the following informations:   The name and address of the insurance company issuing the policy.   The “Insuring Clause” – This Clause should contain the insurance company’s contractual promise to pay the policy benefits in accordance with the policy provisions.  

Procedures to Follow

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Responsible Institution

National Insurance Commission

Accra
Email:info@nicgh.org
Website:https://nicgh.org/

Relevant Forms to Download

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