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Council for Medical Schemes

 The Council for Medical Schemes is a statutory body established by the Medical Schemes Act to provide regulatory supervision of private health financing through medical schemes.
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Dental Ombudsman

 


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FAIS Ombud

 The objective of the FAIS Ombud is to consider and dispose of complaints by clients against financial services providers in the terms of the FAIS Act.
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From The Glossary »

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Policy Loan:

A loan made by a life office to a policyholder on the security of the surrender value of his or her policy. In cases where a policyowner forgets, or neglects, to pay one or more premiums on a life policy which has a surrender value, the company will, depending on the policy terms, ‘advance’ the unpaid premium and create a non-forfeiture loan.
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