DEFINING FUNERAL AND LIFE POLICIES You may have seen many advertisements in the media concerning various types of long-term insur-ance policies in the market that cover your funeral expenses or to provide for your loved ones once you have passed on. It is always wise to know the differ-ence between these policies as it can Read more about Life insurance Difference Between Funeral and Life Policies[…]
• To ensure that short-term insurance business in Namibia is carried out in accordance with the provisions of the Act; • To ensure that short-term insurance business in Namibia is efficiently administered, controlled and regulated; • To ensure that every registered insurer, reinsurer, insurance agent, insurance broker, reinsurance broker and Lloyd’s intermediary and the Lloyd’s Read more about Know your right and responsibilities when it comes to insurance[…]
DEFINING RIGHTS AND RESPONSIBILITIES Rights are defined in the legal dictionary as “the collection of entitlements which a person may have and which are protected by the government and the courts, or under an agreement (contract).” Responsibilities on the other hand are defined as “the obligation to answer for an act done, and to repair Read more about SHORT-TERM insurance RIGHTS AND RESPONSIBILITIES[…]
WHAT IS REGULATION 29? Regulation 29 is the implementation framework for Regulation 28, which introduces unlisted invest-ments as an asset class that institutional investors should consider to enhance returns on their invest-ments and diversify their portfolios. Regulation 28 further strives to reduce the percentage of dual -listed stocks as qualifying domestic assets, reduce the percentage Read more about Regulation 29 Unlisted Investments[…]