Bancassurance (Referral Model) Guidelines

National Insurance Commission Guideline
Summary

Permits banks to refer customers to partner insurers under a referral-only model with NAICOM approval, defined revenue arrangements and prohibition of banks acting as insurance intermediaries.

Applicability

Insurers and CBN-licensed banks in bancassurance partnerships.

Open Source Document ↗
Document Details
Date Issued
01 Apr 2017
Date Effective
01 Apr 2017
Compliance Deadline
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