Aspects of the Long-Term Insurance (LTI) Act Act 52 of 1998
The long Term Insurance Act, Act 52 of 1998, has the purpose to provide for the registration of long-term insurer; for the control of certain activities of long-term insurers and intermediaries and for matters connected therewith. This course serves as a building block for understanding product structure and design as you progress through the course.
You will learn:
- Comparing the fundamentals of long- and short-term legislation in South Africa.
- Explaining the terminology and underlying concepts used in the Long-Term Insurance Act.
- Describing the underlying requirements of the Long-Term Insurance Act.
- Applying the Long-Term Insurance Act to a client’s rights and obligations under a contract.
Tel: 086 173 4372