Notices
 Last Revised Date: 16 April 2020

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.
Issued pursuant to:

Insurance Act (Cap. 142) section 35TA and section 64(2)

Applies to: Licensed Financial Adviser , Exempt Financial Adviser , Direct Insurer (Life) , Direct Insurer (General) , Direct Insurer (Composite) , Registered Insurance Broker , Exempt Insurance Broker , General Insurance Agents
View Notice Notice 117 Training and Competency Requirement: Health Insurance (368.3 KB)

This notice applies to:

  • Direct insurers and persons who act as an insurance agent for the insurers.
  • Registered direct insurance brokers and their broking staff.
  • Exempt direct insurance brokers and their broking staff.
  • Licensed financial advisers and their representatives.
  • Exempt financial advisers and their representatives who provide advice on or arrange health insurance policies.

It sets out minimum examination requirements for health insurance, and continuing professional development requirements in respect of shield plans.

Amendment Notes

16 Apr 2020
MAS Notice 117 (Amendment) 2020 (375.2 KB) takes effect from 16 Apr 2020.

28 Dec 2015
MAS Notice 117 (Amendment) 2015 (201.8 KB) takes effect from 1 Jan 2016.

26 Jan 2004
MAS Notice 117 dated 26 Jan 2004 (12 KB) [Cancelled with effect from 1 Jan 2016]