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Consumers: Healthcare » 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 » | Surrender Charge: |
| | A deduction from the policy reserve made by the insurance company in computing a cash-surrender value. The deduction is necessary to permit the company to recoup its issue and administrative expenses. | | More Definitions » |
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