Business Studies, asked by Siphamandlambovane97, 8 months ago

How do the FAIS Act and the Policy Holder Protection Rules protect the consumer?

Answers

Answered by arsharun
2

Answer:

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Answered by rachnagupta2612
2

Answer:

The PPRs are over and above the provisions of the Financial Advisory and Intermediary Services (FAIS) Act and its regulations. The FAIS Act requires that you are provided with appropriate financial advice and products. Nothing in the PPRs can be used by an insurance company to sidestep the requirements of the Act.

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