High Court orders Hollard to top-up heart attack benefit pay-out by R1.7m
The payment percentages should apply individually to each event within the policy’s benefit groups, judge finds.
Author: Mark Bechard
Why NHI will restrict freedom of choice when it comes to private health care
Health department deputy director-general says NHI could function as efficiently as Sars or the Airports Company.
‘Road Accident Fund is in ICU with one foot in the grave,’ says Scopa chairperson
Ministry of Transport instructed to appoint a new board after Members of Parliament witness ‘a national disaster’ at the fund’s offices.
Vagaries surrounding NHI benefits may provide grounds for a constitutional challenge
The lack of clarity over the benefits package means one cannot determine whether the state is fulfilling its obligation to provide access to health care.
‘Win’ for health department in battle over NHI-linked Certificate of Need
The High Court will have to revisit the constitutionality of certificates that determine where doctors can work.
How cyber-criminals can con you when intercepting emailed invoices
Supreme Court says the issue of whether the debtor remains liable for payment in cases of email interception fraud has yet to be settled.
Partially fraudulent claim: insured forfeits R1.6m
SCA orders a policyholder to repay Discovery Insure the entire settlement, not only the amount related to the fraudulent part of the claim.
Cosatu wants a higher cap on transfers to fund members’ savings pots
It’s also hoping for concessions on access to the retirement pot when members are retrenched or dismissed.
This is how much you will be able to transfer to your savings pot on 1 March 2024
Retirement fund members who are expecting a big pay-out will be disappointed.
Latest proposals on how the two-pot retirement system will work
A guide to the features of the three components: savings, retirement, and vested.
Tribunal rules on whether traditional insurers can underwrite first-party risks
Prudential Authority rejects application by Pepkor subsidiary Abacus to underwrite the risks of its parent company in addition to third-party risks.
When does an ‘employee’ become a ‘representative’ who can be debarred?
Material discrepancies about a newly appointed financial planner’s employment history came to light while she was being on-boarded.
Window period for crypto asset FSPs to apply for a licence opens on 1 June
The FSCA wants to know whether applicants are compliant with the Financial Intelligence Centre Act.
Updated: Discovery to petition SCA after losing appeal against R25m disability order
The key issue in the appeal application was the relationship between the insured event and the life insurer’s duty to pay the claim.
Tribunal’s ruling highlights a principal officer’s reporting obligations
The decision highlights numerous irregularities at the Private Security Sector Provident Fund that were not reported to the FSCA.
FST ruling has ‘far-reaching implications’ for trustees, principal officers, says FSCA
The decision sets out how PSSPF board members racked up fees for meetings and ignored the fund’s procurement policy.
Brokers, clients looking for contract certainty with grid-collapse exclusions
SAIA is concerned about consumers’ perceptions of the insurance industry as covers are removed but premiums increase.
