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{
    "id": 1521399,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1521399/?format=api",
    "text_counter": 280,
    "type": "speech",
    "speaker_name": "West Mugirango, JP",
    "speaker_title": "Hon. Stephen Mogaka",
    "speaker": null,
    "content": "Until now, we have been operating in a market where insurance salespeople carry themselves as insurance professionals, advising unsuspecting and vulnerable individuals who enter into insurance contracts whose fine print they do not fully understand. The Bill distinguishes who an insurance consultant is and who can give you advice which you can rely on. If you lose any money, you can hold the consultant liable. That also makes it easier for professional practitioners in the insurance sector to obtain professional indemnity insurance. If a claim arises due to faulty advice, the consultant will have insurance coverage to address the resulting liability if they misjudged the advice they gave to a client, who then lost money."
}