Life Insurance in South Africa is an indispensable reference work for everyone involved in the long-term insurance field.

Authors:
PM Nienaber Judge Nienaber served on the Appeal Court in Bloemfontein, now known as the Supreme Court of Appeal, for twelve years. On his retirement in 2002 he was appointed as the Ombudsman for Long-term Insurance or a period of four and a half years. 

MFB Reinecke Professor Reinecke, emeritus professor in Private Law in the University of Johannesburg, is an internationally acknowledged expert on insurance law. On his retirement from academia in 2003 he accepted an appointment as assistant ombudsman in the Ombudsman’s office, where he is currently still employed

Key benefits

• Contains numerous real life case examples which clearly illustrate stated principles
• Beneficial both to the office and to the industry
• Enables the lay public to have a better understanding of how the Ombudsman’s office functions and the role it plays in the settlement of complaints

Practical features

• Table of Cases
• Table of Statutes
• Index
  

ISBN: 9780409023831
Price: R386.46 (incl. VAT and handling)
Format: print, soft cover

• The nature of a contract of insurance
• The requirements for a valid contract of insurance
• The organisation and supervision of the long-term insurance industry in South Africa
• The office of the Ombudsman for Long-term Insurance
• Long-term insurance policies
• Long-term insurance products
• Insurance mechanisms
• Formation of the contract of insurance
• Amendments, renewals and reinstatements
• Mistakes and errors in the conclusion of the contract
• The commencement of long-term insurance contracts and cover
• Common terms and terminology
• Exclusions and pre-existing condition clauses
• Proof and rectification
• The interpretation of long-term insurance contracts
• The parties
• Agents, intermediaries, representatives and brokers
• Beneficiary nominations
• The premium
• Performance by the insurer
• Policy loans
• Fraudulent schemes by or on behalf of policyholders
• Non-disclosure by the policyholder
• Misconduct by or on behalf of insurers
• The treatment by the industry and the regulator of misconduct by insurers and intermediaries
• General defences
• Defences based on time constraints
• Cession
• The sale of second-hand policies
• Termination of rights and obligations
• Annuities
• Disability, impairment and critical illness insurance
• Funeral insurance
• Consumer credit insurance