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Professionals: Life » Directory
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| Navigate Life Professionals: |
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|  | Directory |
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Ombudsman for Long-Term Insurance
| Tel: +27 21 657 5000 |
| Fax: +27 21 674 0951 |
Address:
Third Floor,
Sanclare Building,
21 Dreyer Street,
Claremont,
Cape Town, 7700 |
Postbox:
Private Bag X45,
Claremont,
Cape Town, 7735 |
Scope:
Western Cape. |
The mission of the Ombudsman for Long-term Insurance is to mediate in disputes between the subscribing members of the industry and policyholders. |
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From The Glossary » | Insolvency Clause: |
| | The clause that holds the reinsurer liable for his pro-rata share of any loss (or losses) assumed under the treaty, even though the direct company has become insolvent. | | More Definitions » |
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