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Capitec to launch life cover product in June
The group’s after-tax profit from its insurance business increased by 12%, with its funeral plans now covering more than 12 million lives.
‘Lack of maintenance or wear and tear’ gave rise to most of the disputes in several categories of insurance.
Read moreThe group’s after-tax profit from its insurance business increased by 12%, with its funeral plans now covering more than 12 million lives.
The FAIS Ombud issues a determination after the FSP fails to follow through on its undertaking to settle the claim.
Capitec Life will take over the administration of the in-force insurance book.