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Consumers: Short-term » Directory
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Black Insurance Professionals of Southern Africa
Address:
The Pavilion
The Wanderers Office Park
52 Corlet Drive
Illovo
2196 |
Scope:
Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North-West, Northern Cape, Northern Province, Western Cape. |
BIPSA was formed by professionals within the Insurance Industry who saw a need for transformation of the insurance industry and development of black professionals within the Insurance industry in the various sub-industry groups including short-term, long-term, employee benefits, risk management, health, pension administration, investment and specialized risk.
The association is and will remain non-racial, the main focus, however, being Black professionals due to the shortage of skills amongst the Black professionals within the industry and little or no development of Black Professionals.
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From The Glossary » | Vesting Bonus Fund: |
| | This is a relatively new investment fund which aims to produce steady growth over a long term. Any growth forms part of the investment and cannot be removed if market conditions deteriorate. It remains in force for the full term of the policy until it matures. The growth on the policy takes place by bonuses being declared, based on the expected long-term return on the fund. It is a suitable investment fund for those who invest in Capital Growth or ... | | More Definitions » |
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