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Professionals: Retirement » 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 » | Repo Rate: |
| | The interest rate at which the South African Reserve Bank lends money to commercial banks. An increase or decrease in the Repo rate places pressure on banks to increase or decrease the prime rate. | | More Definitions » |
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