CIPR 6.4.2 Non-investment insurance — key information document

(1) An authorised firm must prepare a key information document for each non-investment insurance contract that it produces and for each such contract that it sells. Before finalising such a contract with or for a retail customer, an authorised firm must give the customer a key information document to enable the customer to make an informed decision about the contract.
(2) For a contract that was produced by another authorised firm, the key information document:
(a) may be the key information document prepared by the other authorised firm; but
(b) must prominently display each of the following:
(i) the name of the selling firm;
(ii) either the address of the selling firm or a contact from which the address is available;
(iii) either of the following statements about the selling firm's authorisation:
(A) "Authorised by the Qatar Financial Centre Regulatory Authority";
(B) "Authorised by the QFC Regulatory Authority";

Note Either of these statements is also required in the firm's business documents — see GENE, rule 3.1.2.
(3) The selling firm may comply with subrule (2) (b) by including the required information in a sticker attached to the key information document.
(4) If an authorised firm (the selling firm) wishes to sell non-investment insurance contracts that are issued by a non-QFC firm, the selling firm must prepare, for those contracts, a key information document that fully complies with these rules.
(5) If the same information is required to be given to a customer by this Part of these rules and by another Part, the firm need not give the information twice. However, the firm must give the customer a key information document for every sale of a contract, including a renewal.
Derived from QFCRA RM/2019-2 (as from 1st January 2020).