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19.4. Cancelling Contracts of Insurance—recordkeeping
FINANCIAL SERVICES LEGISLATION
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CONDUCT OF BUSINESS RULES
Guidance: Purpose of this rulebook
SCHEDULE 1: TRANSACTION RECORDS
SCHEDULE 2: KEY INFORMATION AND CONTENT OF CLIENT AGREEMENT
SCHEDULE 3: TRADE CONFIRMATION
SCHEDULE 4: PERIODIC STATEMENTS
SCHEDULE 5: FINANCIAL PROMOTIONS
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19.4. Cancelling Contracts of Insurance—recordkeeping

19.4.1. Contracts of Insurance cancellation—recordkeeping

(1) An Insurer must make appropriate records about the exercise of a right to cancel under COB 19.2 (Cancelling Life Policies—Retail Clients) or COB 19.3 (Cancelling NonInvestment Insurance Contracts).

(2) The records must be kept for at least 6 years after the day the right is exercised.