Insurance Law (IRC / NBFSA)TRANSACTIONAL
Insurance Product Approval & Policy Wordings
New insurance products and material changes to existing products generally require prior notification or approval from the IRC. We assist insurers and intermediaries with product filings, review of policy wordings for compliance with mandatory consumer-protection and disclosure rules, and alignment of policy terms with Cambodian contract and insurance law. Particular attention is given to exclusions, claims procedures, premium calculation transparency and the treatment of multi-year or long-tail risks.
