... June 2017 • IA was vested with certain administrative functions only and co-existed with the Office of the Commissioner of Insurance (OCI) Phase 2 • From 26 June 2017 • Takeover of OCI’s statutory functions • Self-regulatory regime for intermediaries remains unchanged Phase 3 • Within 2 years after 26...

... an insured event takes place before departure, such as a severe natural disaster that makes the travel destination unsuitable to travel to, the insured person can file a claim according to the relevant policy terms before the trip starts. However, if an insurance policy is purchased only after the...