Agreement between Absa, clients not lawful in terms of the NCA, judge finds
At issue: was the acknowledgement of debt/power of attorney a supplementary agreement?
Power of Attorney
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A power of attorney invalidates a binder agreement
Insurance intermediaries should think twice before asking their clients to sign a power of attorney (POA), because doing so precludes them from entering into a binder agreement or invalidates an existing agreement. In […]
