Insurance web aggregator product comparisons require prominent disclosures, authentic insurer-supplied data, neutral presentation, and tax-inclusive pricing. Insurance Web Aggregators must prominently disclose possible sharing of visitor particulars with insurers and confine displayed product information to ... Summary
Referred In :
International Financial Services Centres Authority (Insurance Web Aggregator) Regulations, 2022
Insurance web aggregator product comparisons require prominent disclosures, authentic insurer-supplied data, neutral presentation, and tax-inclusive pricing.
Insurance Web Aggregators must prominently disclose possible sharing of visitor particulars with insurers and confine displayed product information to authentic insurer-furnished material. Comparisons must be current, accurate, unbiased, and factual, without ratings, rankings, endorsements, bestsellers, or editorial comments on insurers or products. Comparison charts must sequentially present coverages, exclusions, benefits, terms, conditions, and price, with customer acknowledgement. Product-price comparisons must include all taxes and fees on a gross basis for like-to-like comparison.
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