Anti Fraud Policy

The Company has an Anti-Fraud Policy to deal with internal and external frauds. The Anti-Fraud policy is established to facilitate the development of controls which will aid in the detection, prevention and mitigation of fraud against Star Union Dai-ichi Life Insurance Company Ltd. (“the Company”). It is the intent of the Company to promote consistent organizational behaviour by providing guidelines and assigning responsibility for the development of controls and conduct of investigations.

This policy applies to any fraud or suspected fraud involving employees as well as consultants, vendors, contractors, outside agencies doing business with the Company and/or any other parties having a business relationship with the Company including insurance advisors/ brokers/ corporate agents of the Company. Any investigation activity required will be conducted without regard to the suspected wrong doer’s length of service, position/title, or relationship to the Company.

The Anti-Fraud policy will safeguard the interests of the company, shareholders and the policy holders. Every effort is made to deal with the fraud cases and taking corrective steps from time to time, to mitigate the risk of fraud.