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Financial Sector Code (FSC)

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1. Financial Sector Code (FSC), July 2013
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971 KB
2. FSC Scorecard, July 2013
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301 KB

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From The Glossary »

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Policy Bonus:

In life insurance this refers to bonuses received under a Participating Policy. In short-term insurance this refers to amounts payable in terms of a pre-determined formula applied to the underwriting and investment results achieved on a policy. In a short-term environment policy bonuses are used to encourage insured to apply sound risk management.
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