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Professionals: Life » Directory
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Discovery Life Ltd
| Tel: 0860 005 433 |
| Fax: 0860 543 339 |
Address:
16 Fredman Drive
Sandton
2146 |
Postbox:
PO Box 784262
Sandton
2146 |
Scope:
Gauteng, KwaZulu-Natal, Western Cape. |
Discovery Life changed the face of South African life assurance by changing the fundamentals of life assurance products. We moved away from the traditional combination of risk and investment and embraced a structure focusing on risk only. This approach meets the consumer's needs through innovative new benefits. The movement to risk-only products has saved consumers more than a billion rand.
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From The Glossary » | Buy Price: |
| | The price at which the investor can buy units inclusive of the initial charge and compulsory charges (marketable securities tax and brokerage) from the management company. Also referred to as the selling or purchase price. The different terminology used in the market is very confusing and should ideally be used in its "broader context" (i. , buyers' versus sellers' price) selling versus repurchase price or purchase versus repurchase price to facilitate ... | | More Definitions » |
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