Funeral policy fraud: know how to protect yourself
While insurers say that the number of claims found to be fraudulent remains ‘stable’, funeral insurance continues to attract a high incidence of fraud and dishonesty.
While insurers say that the number of claims found to be fraudulent remains ‘stable’, funeral insurance continues to attract a high incidence of fraud and dishonesty.
The South African Insurance Association (SAIA) says the damage to infrastructure in KwaZulu-Natal as a result of the floods already exceeds R1.1 billion, which was the estimated cost of damage after the flash […]
In a recent matter between the Registrar of Long-term insurance and AVBOB (the respondent) it was agreed that AVBOB will pay a penalty of R100 000 for contravening the Policy Holder Protection Rules (Long-term […]
The importance of having systems in place to ensure compliance was illustrated this week in a notice from the FSB Enforcement Committee. Rule 5.1(a)(i) of the PPR Rules require that a registered entity […]