Notices
Notice 117 Training and Competency Requirement: Health Insurance
Requirements for insurers, insurance brokers, financial advisers and their representatives or broking staff on training and competency in relation to health insurance products.
Issued pursuant to:
Insurance Act (Cap. 142) section 35TA and section 64(2)
This notice applies to the following entities who provide advice on or arrange contracts of health insurance:
- Direct insurers and persons who act as an insurance agent for the insurers.
- Registered direct insurance brokers and their broking staff.
- Exempt direct insurance brokers and their broking staff.
- Licensed financial advisers and their representatives.
- Exempt financial advisers and their representatives.
It sets out minimum examination requirements for health insurance, and continuing professional development requirements in respect of shield plans.
Amendment Notes
- 28 Dec 2015
- MAS Notice 117 (Amendment) 2015 (201.8 KB) takes effect from 1 Jan 2016.
- 26 Nov 2010
- MAS Notice 117 (Amendment) 2010 (20.2 KB) takes effect.
- 11 Aug 2010
- MAS Notice 117 (Amendment) 2010 (49.2 KB)takes effect.
- 26 Jan 2004
- MAS Notice 117 dated 26 Jan 2004 (12 KB) [Cancelled with effect from 1 Jan 2016]
Related to this Notice
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NoticesLast Revised Date: 30 September 2024
Notice 502 Minimum Standards and Continuing Professional Development for Insurance Brokers and their Broking Staff
Requirements and best practice standards on continuing professional development for insurance brokers and their broking staff.
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NoticesLast Revised Date: 27 December 2018
Notice 502 Minimum Standards and Continuing Professional Development for Insurance Brokers and their Broking Staff
Requirements and best practice standards on continuing professional development for insurance brokers and their broking staff.
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NoticesLast Revised Date: 30 October 2015
Notice 120 Disclosure and Advisory Process Requirements For Accident and Health Insurance Products
Requirements and best practices for insurers, insurance brokers, financial advisers and their representatives or broking staff on the disclosure and advisory process for accident and health insurance products.
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CircularsPublished Date: 06 July 2015
ID 13/15 Revision of MAS Notice 211
Sets out the amendments to MAS Notice 211 to clarify on applicability, 'fit and proper' requirements, and updates to annexes. The changes take effect on 20 July 2015.
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NoticesLast Revised Date: 06 July 2015
Notice 211 Minimum and Best Practice Training and Competency Standards for Direct General Insurers
Requirements and best practice standards for direct general insurers in relation to training and competency for their insurance agents and other relevant persons.
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NoticesLast Revised Date: 06 July 2015
Notice 211 Minimum and Best Practice Training and Competency Standards for Direct General Insurers
Notice 211 Minimum and Best Practice Training and Competency Standards for Direct General Insurers