Under the new insurance act, insurance companies must inform customers of the total cost indicator of their endowment policies and must extend their opening hours to accept customer complaints.
Multiple agents will from now on belong to the category of dependent insurance agents.
In the case of the liquidation of an insurance company, the liquidator must provide information on the fact that liquidation has been initiated within five days, instead of thirty days as earlier required, on the insurance companyʼs and the MNBʼs website as well as its own website.
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