Get New Approval for Marketing Requests of Bancassurance Products
You can request a new approval for marketing bancassurance products, which contributes to expanding customer reach in accordance with the Financial Services Authority. (FSA).
Financial Services Authority
Required documents
- A copy of the brochures for each insurance product distributed to clients
- the Bank Contract (English)
- the Bank Contract (Arabic)
- The Organizational structure of the bank
- Potential risk management policies and procedures
- Statement by the bank showing the insurance companies contracted with the bank and their respective insurance products marketed by the bank
- Training plan for the employees marketing the products through the banks
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Service fees Show
Final approval feeFee paid for the final approval of the new approval request for marketing bancassurance products.
5000
Application review feeFee paid for reviewing the request of a new approval for marketing bancassurance products.
Service steps
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1
Submission of the application
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2
Application review
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3
Approval
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4
Payment of fees
Special conditions
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