Section 82: Annual statement to certain policy holders

82. Annual statement to certain policy holders (1) Where a policy holder has invested in a “with profit” life insurance product which entitles him to a bonus at the discretion of the insurer or in an investment linked policy, the insurer shall provide the policy holder with a report of the performance of the investment in such products, regularly and in any case not less than once every year. (2) The Commission may specify in the FSC Rules the form and particulars of the report referred to in subsection (1). [S. 82 amended by s. 24 of Act 16 of 2007 w.e.f. 28 September 2007.]