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ASIB

Automatic Sprinkler Inspection Bureau

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Tel: (011) 642 1703
Fax: (011) 642 1019
Scope:
Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North-West, Northern Cape, Northern Province, Western Cape.

From The Glossary »

Family Income Plan:

A combination of whole-life insurance and reducing-term (10-, 15-, or 20-year period) insurance of a predetermined appropriate amount. If the insured dies prior to the end of the specified term period, such as 20 years, a monthly income is payable for the balance of the specified period and at the end of the period the income ceases and the sum insured is payable.
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