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Credit Life Insurance

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Draft Credit Life Insurance regulations published

Photo of Patrick Bracher (ZA)
By Patrick Bracher (ZA) on November 19, 2015

The draft Credit Life regulations have been published.

Comments have been invited by 13 December 2015.

The premium for agreements is R4.50 per R1 000 for the deferred amounts except mortgage agreements and developmental credit agreements which are R2.00 per R1 000.

Disability should be (but is not) related to the ability to earn the…

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Norton Rose Fulbright’s financial institutions team provides straightforward legal updates. Our lawyers offer local insights with an international perspective recognised worldwide. This blog focuses on the South African market and is about sharing knowledge with you. Blog posts are not legal advice.

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