emily155385 emily155385

30-07-2024
Law

Answered

How long must insurers keep records related to advertisement of insurance policies?

A. 3 years
B. 1 year
C. Permanently
D. 5 years

Answer :

GinnyAnswer GinnyAnswer

30-07-2024

Final answer:

Insurers must keep records related to insurance policy advertisement for 5 years as per regulations.

Explanation:

Insurers are required to keep records related to the advertisement of insurance policies for 5 years as per regulations.

This duration applies to hard copy records and electronic records that are generated by a computer.

After the initial 5 years, many companies choose to transfer paper records to electronic format and keep them indefinitely.

Learn more about Record-Keeping Regulations for Insurers here:

https://brainly.com/question/46318191

Answer Link

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