NCR Guideline on Insurance
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NCR Guideline: Insurance
The NCR have released a new Circular and non Binding opinion on insurance and how Debt Counsellors and Credit Providers can unify their handling of insurance matters for consumers under debt review.
The guideline considers two main situations (1) where the consumer uses the insurance as offered by the credit provider and (2) the situation where they replace the credit provider suggested insurance with another provider.
You can download and consider the circular and guideline here:
NCR Non Binding Opinion Guidelinefor the Insurance process under debt review June 2015