Insurance Council of Manitoba

Decision Information

Decision Content

Verma, Ravi

August 31, 2010
Regulatory Body:  Insurance Council of Manitoba
Decision Maker:  Life Insurance Council

Agent fined $250.00 and assessed partial investigation costs in the amount of $250.00 for violations of The Insurance Act of Manitoba Section 113 (1) unfair or deceptive acts or practices in the business of insurance, Life Insurance Agents and Accident and Sickness Insurance Agents Licensing Rules Section 8 - Restrictions on transactions by new agents, and Life Insurance and Accident and Sickness Agent’s Code of Conduct Section 1 - Interests of the Client and Section 2 - Needs of the Client.

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