SECP sensitise people on terms, conditions of insurance poli

SECP sensitise people on terms, conditions of insurance policies

The Securities and Exchange Commission of Pakistan (SECP) has asked the general public to carefully read all the contents of documents presented before them by an insurance agent before signing and ensure that they understand the terms and conditions of the product being offered. To safeguard the interest of insurance policyholders, the SECP in a statement on Friday said that reliance may not be placed on verbal promises made by insurance agents...

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