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FAIS Act: To be, or not to be a Representative?

To be, or not to be a Representative? That is a tough question, given the intricacies involved. L writes: I recently read in a Moonstone publication that office staff should be aware of all the legislation, fit and proper requirements etcetera, but that they do not have to write the regulatory exams ...
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Cancer is leading cause of Insurance Claims according to Altrisk

According to insurance claims statistics released by Altrisk for January 2011 to December 2011, cancer is the leading cause of all insurance claims across critical illness, income protection and life cover, followed by accidental causes and cardiovascular disease. The statistics illustrate:   ...
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Registration has opened for The Insurance Conference 2012

Registration has opened for The Insurance Conference 2012 which will be held at Sun City, from 10 - 13 June 2012 and an early bird discount is available for early bookings until 9 March 2012, so get registered now. The Annual Insurance Conference provides a forum for all sectors of the insurance ...
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Altrisk Provides Swiftnsure for Immediate Cover

Swiftnsure is Altrisk’s latest underwriting innovation, providing immediate insurance cover for clients who need protection immediately. This option provides all currently available lump sum benefits for natural causes (excluding Guaranteed Insurability) at 90% of the selected cover. This ...
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Compliance Risk Management Plans now available online

After a year of intensive development, the Compliance Institute Southern Africa announced today that its Compliance Risk Management Plans (CRMPs) are available for purchase online. The CRMPs have been developed as a guide and monitoring tool to assist businesses in complying with the requirements ...
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From The Glossary »

Insurance:

A system where the losses of those that are covered by a policy, are paid from the premiums of all those that the insurer covers.
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