Insurance Act Reg 664

Interest rate for monthly payments
- 1.3% (>= 12 months)
- 0.65% (6-=12 months)
- 0.22% (< 6 months)
REFUSAL TO ISSUE CONTRACTS (section 5) - Shall not decline to issue, refuse to renew or terminate solely because
1. Insured was or would be insured by FA
2. Another insurer declined coverage
REFUSAL TO ISSUE CONTRACTS (section 5) - In deciding whether to issue, renew or terminate, shall not consider,
1. Physical or mental disability
2. Number of insured persons under contract, their health, or life expectancy
3. Occupation, profession, or employment
- Rest similar to Prohibited elements for risk classification

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youngt

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Insurance Act Reg 664

Description

Insurance Act Reg 664

Updated

2018-04-19T00:42:39Z

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