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FSCA Press Release

Published

2022

Mon

Apr

FSCA issues public warning against Sabelo Agrippa Ngwenya and Croc Gold (Pty) Ltd

Source: The Financial Sector Conduct Authority (FSCA)

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Term life insurance issued for consecutive one-year periods at increasing rates. The right to renew the insurance at the end of each year, without providing evidence of insurability, is contained in the policy. The premium rate is increased at each renewal as the age of the life insured increases.

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