IC allows pre-need firms to use 34% of trust fund for invest

IC allows pre-need firms to use 34% of trust fund for investment

THE Insurance Commission (IC) gave pre-need companies a wider berth in the use of their respective trust fund for investments. Through its issuance of Circular Letter 2022-25 signed by IC chief Dennis B. Funa, the regulator mandated an additional 2-percent increase in the investment threshold allocation of pre-need companies “to…

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Dennisb Funa , , Insurance Commission , Circular Letter , Pre Need Code ,

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