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BIBLIOGRAPHY

Policyholder Protection System Q&A Q12: Compensation details in case a life insurance company fails.

Life Insurance Policyholders Protection Corporation of Japan.

Claims Supported by This Source

  1. The Insurance Business Act stipulates that covered policies, excluding high-yield policies, are protected up to 90% of the policy reserves at the time of failure.
  2. When insurance policies are transferred, the underlying rates, such as the assumed interest rate, may be changed, which can result in a reduction of the insured amount.

How to read the verification levels. 'Read' means the material was read in its entirety. 'Bibliography and abstract confirmed' means the bibliographic information and abstract were verified. 'Via course material' means the source was referenced through the main text of a book or a country's monetary history. The text hash is the SHA-256 of the main text from the original source page, excluding tags and whitespace, used to detect if the material has been altered.