On-site inspection at Japan Post Insurance 9:59 on September 11 due to inappropriate sales of insurance products

Due to the problem that Japan Post Insurance was selling insurance products inappropriately, the Financial Services Agency began on-site inspection of Japan Post and Japan Post from the morning of the 11th.

With regard to Japan Post Life, we found many cases of inappropriate insurance sales, such as customers not getting new insurance and becoming uninsured when switching from an old contract to a new one. On-site inspections are a policy that examines in detail how many contracts have been made in violation of laws and regulations, the actual state of the sales system, and when management has been aware of inappropriate sales.