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PPS Insurance Company Ltd (Professional Provident Society)

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Tel: +27 11 644 4200
Fax: +27 11 644 4400
6 Anerley Road
P O Box 1089
Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North-West, Northern Cape, Northern Province, Western Cape.

PPS boasts in excess of 150,000 members who enjoy access to a comprehensive suite of financial and healthcare products that are specifically tailored to meet the needs of graduate professionals. Our members have one thing in common - they all have at least four years of tertiary education behind them, and great futures ahead of them.

PPS is the only South African company of its kind that still embraces an ethos of mutuality, which means that we exist solely for the benefit of our members - the 'shareholders'. Thus, policyholders can share in the net operating income and investment returns of PPS Insurance and those with PPS Investments products can share the profits of PPS Investments.

PPS membership provides access to the following tried, tested and trusted products and services: PPS Insurance, PPS Short-Term Insurance, PPS Beneficiaries Trust, PPS Investments and Profmed Medical Scheme.

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From The Glossary »


Second Surplus Treaty:

A reinsurance treaty required by companies writing business with large sums insured. Examples of business carrying such large sums insured include commercial and industrial property risks. These treaties provide for the lines which are too large to be embraced in a first surplus treaty. A second surplus treaty follows a first surplus but provides a diminished spread of risks to the reinsurer compared with a first surplus treaty. It is possible to ...
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