Insurers get 18 months to unbundle micro insurance covers, or get license

by | January 31, 2018 12:23 am



Insurance companies that were underwriting micro insurance products before the recently released revised guideline on micro insurance scheme by the National Insurance Commission (NAICOM), has been given 18 months to get microinsurance license or unbundle existing covers  and transfer to other firms having the new license. According to the Commission, efforts to make existing insurance…

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