Short-Term Insurance Act, 1998 (Act No. 53 of 1998)Part VII : Business practice, policies and policyholder protectionBusiness practice46. Receipt for premium paid in cash |
| (1) | When a premium is paid in bank notes or coins, the recipient thereof shall give to the payer a written receipt for it. |
| (2) | The receipt shall state the name, address and telephone number of the recipient, the policy number and the name of the short-term insurer on whose behalf the premium is received. |