Section 85: Protection of policy holders
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.
85. Protection of policy holders
(1) Without prejudice to the provisions of Livre Troisième, Titre
Douzième, Chapitre Troisième of the Code Civil Mauricien, the Commission
may provide in the FSC Rules and guidelines for sound insurance principles
and practice.
(2) Without derogating from the generality of subsection (1), the FSC
Rules and guidelines may include—
(a) the disclosure of fees, commissions and other costs on insurance policies;
(b) advertisements and canvassing in relation with insurance
policies;
(c) information to be provided before and after entering into an insurance contract;
(d) any other matter affecting the conduct of insurance business.
[S. 85 amended by s. 25 of Act 16 of 2007 w.e.f. 28 September 2007.]
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Questions this section answers
- Can the Commission make rules on how insurers must treat policy holders fairly?