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  • Insurance Companies issue their clients (policyholders) with policies which are the basis of claims settlements and in the event of an insolvency of the insurer, the basis of the compensation amount payable.
  • Insurance companies contribute to the Fund through the payment of a levy equivalent to 0.25% of their premium receipts.
  • Insurance Companies benefit from the increased confidence of policyholders created by the existence of the Fund which ultimately contributes to stability and growth of the sector.
  • Insurance Companies also appoint two representatives to sit in the Fund’s Board of Trustees.