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ASSOCIATIONS & INSTITUTES

Public Property Syndication Association

www.ppropsa.co.za
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Tel: 012 346 0848
Address:
105 Club Avenue
Waterkloof
Pretoria
Postbox:
PO Box 2344
Brooklyn Square

From The Glossary »

Short Rate:

A special rate applied to insurance of a shorter duration than the normal annual period. The rate will be more than the pro-rata proportion of the annual rate. Sometimes the term refers to a refund that is calculated on a short rate such as where the policyholder requests a mid-term cancellation.
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