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Insurance in Pakistan is regulated under the Insurance Ordinance, 2000. It is divided into three components: life insurance, general insurance and health insurance.The Government of Pakistan established the Department of Insurance in April 1948 as a department of the Ministry of Commerce; the aim of this department is to take care of affairs related to the insurance industry.
An insurance broker typically doesn’t know all the policy details for every policy type and insurance company. There could be policy exclusions, terms and conditions they may not be aware of ...
Banking Mohtasib Pakistan: This institution focuses on addressing grievances related to banking services, ensuring fairness and transparency in the banking sector. Federal Insurance Ombudsman : Responsible for handling complaints and disputes concerning insurance services provided by federal entities, this ombudsman agency plays a vital role in ...
An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation. An insurance broker is distinct from an insurance agent in that a broker typically acts on behalf of a client by negotiating with multiple insurers, while an agent represents one or more specific insurers under a contract.
A financial adviser or financial advisor is a professional who provides financial services to clients based on their financial situation. In many countries, financial advisors must complete specific training and be registered with a regulatory body in order to provide advice.
The Cabinet Committee on National Security (CCNS or C 2 NS), (Urdu: کابینہ کمیٹی قومی سلامتی) previously known as the Defence Committee of Cabinet, [1] is the principal federal institution and consultative forum used by the people-elected Prime Minister of Pakistan for concerning matters of state's national security, geopolitical, geostrategic, and foreign policy matters ...
On 25 September 2019, he was appointed as Chairperson of Pakistan's Strategic Policy Planning Cell under National Security Division for a two-year period. [ 5 ] On 24 December 2019, he was appointed as the Special Assistant to the Prime Minister of Pakistan on National Security Division and Strategic Policy Planning.
Typically an independent financial adviser will conduct a detailed survey of a client’s financial position, preferences and objectives; this is sometimes known as a factfind. The adviser will then recommend appropriate action to meet the client's objectives; and if necessary recommend a suitable financial product to match the client’s needs ...