Jordan – Warning about insurance intermediaries
Tuesday, 07 28 2015, Category: Insurance and Reinsurance, Country: Jordan
Amman – The Ministry of Industry, Trade and Supply/Insurance Department called upon citizens to deal exclusively with licensed persons when they insure their cars and properties. The license of insurance intermediaries should be issued by the Ministry officially, so citizens should not buy compulsory motor insurance except from the unified compulsory motor insurance bureaus.
The ministry said in a statement yesterday that concerning comprehensive or total loss policies, clients should refer to the insurer’s offices or their representatives such as agents or insurance brokers after securing the necessary licenses from the Ministry of Industry, Trade and Supply/Insurance before buying any insurance policy or paying any amount.