Transparency in Dealings – Disclosures Required by Insurance Companies :

One of the methods to promote fairness in dealings with customers is appropriate disclosures to customers about an insurance company’s key operational parameters. Since a Policyholder parks his funds with insurance companies for a longer term and some of the benefits payable to policyholder depends on the performance of the insurance company, it is but equitable to provide the customer with appropriate information from time to time about the insurance company key metrics.