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DEFENSIVE DRIVER TRAINING

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Tel: 083 267 2094
Registered in terms of the Shayela Approved defensive driving standards.

From The Glossary »

Surrendered Cost:

A policyholder’s net cash outlays with respect to a surrendered policy. It is equal to the sum of all premiums paid reduced by the sum of all dividends received and further reduced by the cash value of the policy at date of surrender.
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