6. What is insurance? Describe the major provision of life insurance and non-life insurance according to financial service act 2013.
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Answer:determined according to the terms and conditions of the contract and is not subject ... of section 2 of the Financial Institutions Act, 1993 (Act 27 of 1993);. (6) ... Act to function for procuring non-life insurance business for or on behalf of a ... (1) Every insurer shall be subject to the provisions of this Act in relation to any class of ...
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