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What will an InsurancePlus policy cost me? |
Exactly the same as what you are paying now, or lower. Once your current insurance details have been verified, your existing premium will be accepted for your new InsurancePlus policy.
Keep in mind that InsurancePlus are likely to provide you, the professional, with better insurance cover than you are currently enjoying.
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Will my premium increase in the same insurance period? |
| Absolutely not. The InsurancePlus policy is an annual policy, paid monthly and therefore, guarantees no premuim increase for that particular insurance period (12 months).
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Do all insurance brokers qualify to market the InsurancePlus product? |
| Not automatically. Only FAIS-compliant brokers are allowed to sell the InsurancePlus product. FAIS compliancy is the minimum requirement of the Financial Services Board of South Africa in terms of people and / or organisations that want to fulfil an advisory and intermediary role to the general public. |
