Section 77: Obligations of insurance salespersons
consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
77. Obligations of insurance salespersons
(1) An insurance salesperson shall—
(a) keep such records as may be specified; and
(b) furnish to the Commission such statements and returns relating to
his business in such form and at such intervals as may be prescribed.
(2) An insurance salesperson shall not collect and keep premiums on behalf
of an insurer or insurance agent.
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Questions this section answers
- Can an insurance salesperson collect and keep my premium payment themselves?