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POLICY TRADING

Amalgamated Traded Policy Services (Pty) Ltd

 Amalgamated Traded Policy Services (Pty) Ltd (ATPS) as a market maker has an infrastructure consisting of:   decades of combined experience in an extremely specialised and niche, yet ill-informed market specially developed software administration and management systems intellectual ...
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Automated Policy Evaluator (APE)

 What is APE?   APE is an acronym for Automated Policy Evaluator. It is a FREE software application that has been developed by ECO Technology (Pty) Ltd, to automatically evaluate policies issued by the insurance companies under the Long Term Insurance Act for the benefit of Brokers and Clients, ...
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From The Glossary »

Default:

Failure to pay an insurance premium on the due date specified in the policy. This defaulter is not penalised if thepremium is paid within the grace period (for life insurance).
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