what is policy holder's compensation fund

by njermer07 » Tue Oct 25, 2011 03:36 pm

The policy holders' compensation fund was established on 24th September 2004 through a legal notice number 105 by the Minister for finance and commenced operations on 1st of January2005 .Describe the factors that necessitated its formation .Critically evaluate its achievements,current challenges and possible solutions

Total Comments: 2

Posted: Wed Oct 26, 2011 11:39 pm Post Subject:

Is there a question in there someplace? Just curious... I felt like I was back at school...

InsTeacher 8)

Posted: Thu Oct 27, 2011 01:52 am Post Subject:

What country are we talking about? This is not something that exists under such a name in the US. Here, we speak of Insurance Guaranty Associations, which stand ready to pay some or all of the claims when an insurance company becomes insolvent.

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