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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Conduct of Business Module (COB) [VER33/07-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

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(1 version)
Jul 1 2008 onwards

COB 7.8.2

Whole Section PDF

The definitive version of DFSA handbook text is the PDF version as that is the text of the instrument as made and published by the DFSA.

To view past versions of this module in PDF format, please visit the Archive.

(1) Subject to COB Rule 7.8.3, an InsurerG or Insurance IntermediaryG must only make a recommendation to a Retail ClientG to enter into a ContractG of InsuranceG that is General InsuranceG where it has taken reasonable steps to ensure that the recommended ContractG of InsuranceG is suitable in light of the Client'sG demands and needs.
(2) The InsurerG or Insurance IntermediaryG must obtain from a Retail ClientG such information as is necessary to identify the Client'sG circumstances and objectives, and consider whether the terms of the particular contract of General InsuranceG meet the requirements identified.
Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]