Print Options

Subject to this Act, the following provisions of the Insurance Act, 2006 (Act 724) shall apply to private commercial health insurance schemes:

(a) relating to margin of solvency;

(b) relating to reserves;

(c) relating to payment of dividend;

(d) relating to credit on payment of premium;

(e) relating to investments;

(j) relating to principal officers;

(g) relating to records of business transacted in and outside the country; .

(h) relating to payment of commission to unregistered intermediaries;

(i) "relating to winding up of insurance companies;

(j) relating to insurance intermediaries;

(k) relating to duty to disclose material facts;

(l) relating to "test of materiality and effect of misstatements; and

(m) relating to avoidance of conflict of interest and inspection of documents in custody of the Commission.