MAS Guidelines to Critical Year Issue
Posted on Friday, June 13, 2003 - 04:21 PM
Policyholders' Guide to Insurance Policies with Critical Year feature issued by the Monetary Authority of Singapore is found
here.
On 11 June 2003, the Monetary Authority of Singapore (MAS) posted a set of guidelines for policyholders on the critical year issue on its website. It:-
(a) tells policyholders how to file a complaint;
(b) gives information of mediation through the Insurance Disputes Resolution Organisation; and
(c) hints that a collective/class action suit is possible.
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