Notice 117 Training and Competency Requirement: Health Insurance
Requirements for insurers, insurance brokers, financial advisers and their representatives or broking staff on training and competency in relation to health insurance products.
Requirements and best practices for insurers, insurance brokers, financial advisers and their representatives or broking staff on the disclosure and advisory process for accident and health insurance products.
Provides guidance on the relief measures for the General Insurance and Health examinations and Continuing Professional Development requirements under the Insurance Act relating to COVID-19 situation.
Sets out the amendments to MAS Notice 211 to clarify on applicability, 'fit and proper' requirements, and updates to annexes. The changes take effect on 20 July 2015.