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Tag Archives | Ombudsman for Long-term Insurance

FCSA will take further action to address ‘unfair outcomes’ on universal life policies

FSCA will take further action to address ‘unfair outcomes’ on universal life policies

The FSCA says it has begun consultations with the life insurance industry to develop solutions aimed at achieving “fair customer outcomes” for universal life policyholders. The authority said in a statement that the Ombudsman for Long-term Insurance (OLTI) has alerted it to the complaints the office has received over the past few months about universal […]

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