Short-Term Insurance Act, 1998 (Act No. 53 of 1998)

When providing a service or similar benefit as a policy benefit under a microinsurance policy, a microinsurer or any person on behalf of a microinsurer may not charge the policyholder or member of a group scheme any administration or similar fee in respect of that service or similar benefit.

[Rule 2A.11 inserted by rule 6(b) of Notice No. 996, GG 41928, dated 28 September 2018]