Operation of Section 50(1) of the Insurance Act: Insurance Market Practice as to Premium Collection
7 Pages Posted: 23 Apr 2015
Date Written: March 2, 2015
Abstract
The implications of Section 50(1) of the Insurance Act 2003 have been the subject of much debate in recent times. This paper seeks to critically examine the legal issues and market practices as regards the collection of insurance premiums in Nigeria.
Keywords: Insurance, Premium, Insurance Act, Market Practice, Premium Collection
Suggested Citation: Suggested Citation
Aderemi, Adedamilotun and Ogunsanya, Adebola and Fadoju, Oluwatomilayo and Onele, Joseph, Operation of Section 50(1) of the Insurance Act: Insurance Market Practice as to Premium Collection (March 2, 2015). Available at SSRN: https://ssrn.com/abstract=2584144 or http://dx.doi.org/10.2139/ssrn.2584144
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