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Registration form Title: Prescribed Minimum Benefits and proposed changes to Regulation 8 Date: 29 October 2015 Time: Registration 09:00 to 09:30
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Title prescribed minimum benefits refer to the set of mandatory benefits that a policy must offer as outlined by the insurance regulatory authority.
Insurance companies are required to file title prescribed minimum benefits with the regulatory authority.
Title prescribed minimum benefits can be filled out by including all relevant information about the mandatory benefits offered in the policy.
The purpose of title prescribed minimum benefits is to ensure that all insurance policies provide a minimum level of coverage to policyholders.
Title prescribed minimum benefits must report details about the types of benefits offered, coverage limits, and any applicable restrictions.
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