IA-2.3.2
The
a) Disclose prominently on the home page, a notice that
i. the prospective client's/visitor's particulars could be shared with insurance firms ;
ii. the information displayed on the insurance aggregator's website is of the insurance firms with whom the insurance aggregator has an agreement;
b) Product information displayed by the insurance aggregator must be authentic and be based solely on information received from insurance firms ;
c) Insurance aggregators must not display customer ratings, rankings, endorsements or bestsellers of insurance products on its website;
d) The content of the website of the insurance aggregator must be unbiased and factual in nature;
e) Basic features of products may be compared, such as:
i. Eligibility criteria
ii. Policy term
iii. Premium
iv. Inbuilt benefits/riders
v. Premiums for different age groups
vi. Benefits such as survival benefits/maturity benefits/death benefits etc.
vii. Any other additional information/special product features relating to the products
f) Product comparisons that are displayed must be up-to-date and reflect the true picture of the products.
g) The product comparison must highlight whether a particular policy is a sharia compliant Takaful policy or a conventional insurance policy.
October 2019