Central Bank to Reduce Insurance Compensation Fund Levy to 0% Next Year

Central Bank to Reduce Insurance Compensation Fund Levy to 0% Next Year

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The Central Bank has announced that the Insurance Compensation Fund (ICF) Levy will be reduced to 0% starting next year. This decision could lead to a small reduction in insurance policy costs for consumers. The change aims to provide financial relief in the insurance sector.

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Originally published by gnews