Insurance Market Code of conduct Regulations

company must be notified to customers in writing, including a reference to the relevant contractual cancellation condition and explanation of the underlying reasons for the cancellation. 432 أن 4ا<\ إeء وa%\ ا > 9وط اbeء ا!دة < 9وط وأ[Zم وa  ا ا5G ا!دة  ه(' ا&% و432 ,#} ا!&ء IWً $ إeء اa ، ! < ذg اb9رة إ"  إeء اa  ذي اU# وا(ي ,~ اH $#E <- و9ح ا6ب اا$ beء ,#g اa  Amounts due to customers as a result of the cancellation of a policy must be paid without undue delay, and must be calculated in accordance with the provisions of article of the Implementing Regulations. 432 د<> ا!} ا !  #!&ء 53 beء وa  ا ون ,I u ر، و432 [ب ه(' ا!} و< ً 6[Zم ا!دة ا&% اJ(4 Gم ا 9آت ا او5 Renewal and Expiry ا= واJ!Nء Companies must inform customers of the policy renewal or expiry date in a timely manner to allow customers to arrange continuing insurance coverage. 43, A4432 $#" ا+آت إ9ر ا!* ر أو ا5-ء وa  ا * وv آفِ !Z ا!*  ا34 أو اUل $#" ,eW  9آ أIى For all protection and savings contracts, insurance companies should provide an annual statement to their customers which includes the following information:  Z< وa%\ , ا!4 واFدIر أن , م 9آت ا 5ً 4ً #!&ء 4]! ا!#ت ا  ا  ا اديSaudi Arabian Monetary Agency إدارة ا اInsurance Supervision Department a) Projected maturity value, or policy value at the age of eighty-five (85). ! ا ! ا!  ا! رة، أو وa  ا X ا  و ا d!5 b) Current sum insured on main and supplementary benefits. 4ا!#} ا ا! $#" ا!/ا ا6 وا!Z!# c) Total premiums paid in the previous year. إ=! ا6ط ا!<$ < ام ا d) Policies linked to investment funds should show the value of the units in each fund. W,!432 أن , وa%\ ا ا Uد4\ اFd!ر ! ا [ات < آ* xوق Distribution of Surplus d4GHز; ا An insurance company must document the mechanism it will put in place to comply with article 70 of the Implementing Regulations, and submit this document to SAMA for approval. This document should then be freely available to customers and members of the public. 432 $#" 9آ ا أن ,د اƒ ا ف ,- < اa  اdFً #!دة ا&% اJ(4 Gم ا 9آت ا او5 ، وأن , م ه(' اa  #! #!ا<  و4 . 32 أن ,Zن ه(' اa  <ة #!&ء و$!م اس