Insurance
AIA increases premiums by 13%
Tuesday 1st of June 2010
The new life insurance legislation, which was introduced in draft form nearly two years ago, will significantly increase the tax paid by life insurers from July 1.
AIA has determined that there will be no change to premiums for existing customers.
AIA head of distribution and marketing Darrin Franks says the 13% increase is based on analysis as well as consideration of what its co...
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