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Consumers: Life » Directory
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Black Brokers Council of South Africa
Scope: Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North-West, Northern Cape, Northern Province, Western Cape. |
The BBCSA is an umbrella body representing various black brokers associations including the Black Brokers Forum, the Association of Black Brokers and the Black Insurance Professonals of Southern Africa |
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From The Glossary » | Estimated Maturity Value @ 6% / @12%: |
| | Is the Illustrative Maturity Value @ 6% of the fund at the end of the term i. e. at maturity. This takes into account the remaining term, the premiums to be paid as well as any contribution increases. It is important to realise that this is a projected figure and is subject to change as the fund performance in the underlying portfolio changes. Life Offices may adjust the projection rate from time to time depending on actual performance of fund portfolios ... | | More Definitions » |
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