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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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Profit Commission:

The commission payable to a ceding company in addition to the normal commission allowance. It is an agreed percentage of the net profits of the reinsurance ceded, calculated in accordance with a stipulated formula.
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