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IconBBBEE CONSULTING AND VERIFICATION AGENCIES
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BEESA CONSULTING

 BEESA Consulting is the country’s leading consulting firm in the area of Financial Sector Charter reporting and training. The firm has assisted many of the industry associations and charter member companies with their implementation, reporting and general understanding of the FSC. The Financial Sector ...
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Mpowered Business Solutions

 At Mpowered Business Solutions, we believe that an integrated approach is required for effectively driving transformation. Sustainable transformation will be brought about by aligning BBBEE strategy with people, complimented by appropriate and integrated processes and technologies ...
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From The Glossary »

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Surrender Value:

The surrender value of a policy is the value that the assurer is prepared to pay out to the policyholder on early termination of the policy contract. Penalties are associated with early termination of the contract, which are designed to encourage the policyholder to honour the terms of the contract until maturity, reduce the amount paid out on early surrender to below the actual intrinsic fund value of the policy. In addition termination of the contract ...
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