Market Conduct (M-Insurance) Rules, 2017 🇬🇭

Ghana

Rules nic-mcmr

Market Conduct (M-Insurance) Rules, 2017

Published in Government Gazette
Commenced on 1 November 2017
[This is the version of this document from 1 November 2017.]

The National Insurance Commission issues these Market Conduct Rules under the powers granted to it by section 204 of the Insurance Act, 2006 (Act 724).

Scope of Rules and Prohibitions

1. Scope of Rules

(1) These Rules apply to—(a) a licensed insurer that distributes an insurance contract, or permits an insurance contract to be distributed, through an arrangement that constitutes mobile insurance;(b) a licensed insurance broker who acts as insurance broker in relation to any insurance contract that is distributed through an arrangement that constitutes mobile insurance; and(c) a licensed insurance agent who distributes an insurance contract, as intermediary, through an arrangement that constitutes mobile insurance.

(2) These Rules do not apply to a platform-only provider, but they do apply to—(a) a licensed insurer that…

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