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 category and 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.
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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