Meaning of the word: State supervision
State supervision controls the interest of consumer protection. It is a public authority which is controlling, if the insurance institutions are able to fulfil their obligations towards customers. State supervision is in the Czech Republic maintained by the Audit Office and it controls the functioning of insurance companies.back to dictionary >
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The loan is the commitment that arises between lender and borrower on the basis of the conclusion of the loan agreement. The lender will lend the…go to the dictionary >
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