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Definitions 2. 2004 2017 a microinsurance policy a new product Acceptable Service accident and health policies Act Act No. 53 of 1998 Act No. 53 of 1998) Activities Actuarial function Additional Amounts of Assets Additional Duties adequacy requirement Administration Administration of Act Advertising Advisory Committee Agreements Alteration Amalgamation Amendment of Amendment of Board Notice 80 of 2008 Amounts an extract from Annual Reports any participation by a binder holder Application Application Of Rules Application of this Part 5B Appointees Appointment Appointment of Members Approval Approved Transaction Arrangement Arrangements with Intermediaries Asset-holding Intermediary Asset-liability assets Audit Committee Auditor Auditor that is a firm Authorisation Authorisation of authorised Authorised Persons Authority with Returns Basic Rules binder agreement binder agreements binder functions binder holder binder holders BN 28 of 2010 BN 54 OF 2010 Board Notice Board Notice 158 of 2014 Board Notice 158 of 2015 Board Notice 80 of 2008 Board Notice 94 of 2007 Board Notices board of directors Business Business and administration Business Practice Business rescue Calculation Calculation of calculation of the value capital capital adequacy requirement Cash Categories Categories of Assets category 1, 2 and 3 contracts Cease Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Choice Circumstances Claims Claims Management Collection Collection of Premiums by Intermediaries commencement Commission Committees of the board Companies competency Complaints Management Compliance function Composition Compromise Concentration Conditions Consequences consideration that may be offered Consumer Credit Contingency Reserve Continued Contracts Contracts Identified Contributions Control control function control functions Cooling-Off Rights Copy Credit Life Insurance Data Management Death Debentures Deemed Assets Deeming Provisions Definitions Deleted Deputy Registrar Deregistration Derivatives Determination Determining Premiums determining remuneration Director Disclosure Disclosures disclosures requirements Disregarded Distribution Documents which a person may inspect Duties each director Effect efinitions Excesses Exclusions Exemption Exemptions Existing Insurers Existing Laws Failure Fair Treatment Fees Financial Sector Regulation Act financial standing Financial Year Financially Sound Fit Fit and proper policy Fit and Proper Requirements Fit and Proper Requirements, 2015 Format Free Furnished Furnishing Futures Contracts General General limitations General principles General provisions General requirements governance Governance framework Head of Head Office identified as Imposition Independent independent intermediaries Inducements Information Inspection Insurance fraud Insurers integrity Interest Intermediaries Intermediation Internal audit function Internal control system Internal Model Application Process Interpretation Investment Investment policy Kinds of Assets liabilities Limitation Limitation of remuneration Limitation on Limitation on Assets Limitation on Remuneration limitations Limitations applicable to Liquidity Lloyd's Lloyd's Representative Lloyd's security Lloyd's South African Trust Lloyds underwriter Lloyd's Underwriters Long-term Insurance Maintenance management policy Managing Executive Manner Marketing Matters Maximum Commission Maximum commission payable Members Method Method of calculation microinsurance Microinsurance Product Standards minimum amount Minors Misrepresentation Monitoring Systems Name Negative Option Selection No Unreasonable Post-Sale Barriers Nominee Non-compliance Notice No. 118 of 2021 Notice No. 1433 of 2017 Notice No. 1792 of 2022 Notice No. 3079 of 2023 Notice No. 386 of 2009 Notice No. 4404 of 2024 Notice No. R. 1493 of 1998 Notice of Prescribed fees Notice on Notices Notification Notification of certain arrangements Objective Obligatory Disclosures obtain a copy of Offences old On-going Review Operational Option Contracts Order Other Disclosures other forms Other Persons Overall oversight requirements Part 1 Part 2 Part 3 Part 4 Part 5 Part 5A Part 5B Part 5C Part 6 Part 7 Part I Part II Part III Part IV Part IX Part V Part VI Part VIII Part X Participation by a binder holder Payment Payment of fees Penalties Penalty Penalty for failure Performance Periods of Grace Persons Policies Policy Policy Benefits Policy Records Policy Terms Policyholder protection Policyholder Protection Rules Policyholders Powers Pre-Application Assessment Fees Preference Shares Premiums Prescribed Fees Prescribed requirements Prescribed short-term insurance fees Principles Process Product Design Product Performance Products profits attributable to the policies Prohibit prohibitions Proper Protection Provided provided to Provisions Provisions relating to Lloyd’s Public Companies Public Officer Purpose Receipt Record Keeping Records References Registrar Registration Registration of Regulations Regulatory instruments Reinstatement Reinsurance reinsurance business Reinsurers Relationship between Act Relationships relaxation of a provision Removal Remuneration committee remuneration committees Remuneration for Remuneration policy Remuneration that may be offered Remuneration to Intermediaries Repeal and transitional provision Repealed Reporting of Reporting requirements representatives Requirement Requirements Requirements for Requirements relating to Response Paper on consultation responsibilities Returns Returns by Returns to Authority Reversal Rights Risk Risk committee Risk Management Framework Risk management function risk management policy Risk management system risk transfer policy Roles Rule 1 Rule 10 Rule 11 Rule 12 Rule 13 Rule 14 Rule 15 Rule 16 Rule 17 Rule 18 Rule 19 Rule 2 Rule 2A Rule 3 Rule 4 Rule 5 Rule 6 Rule 7 Rule 8 Rule 9 Rules Savings Schedule 1 Schedule 2 Schedule 3 Schedules Section 3(4) Section 30 Section 45 Section 48 Section 70(2A)(a) security Services as Intermediary Share Capital Share Warrants Shareholders Shareholding Shares Short Term Insurance Act Short Term Insurance Act 1998 Short Term Insurance Act 53 of 1998 Short Term Insurance Act South Africa Short title Short-Term Insurance Short-Term Insurance Act Short-Term Insurance Act 1998 Short-Term Insurance Act 53 of 1998 Short-Term Insurance Act South Africa Short-term Insurance Act, 1998 short-term insurers Short-term Policies Significant Owners Signing of Blank South African Special Duties Special Provisions Spread Standardised Disclosures Statutory Actuary Structure Structure of policy benefits Summary Surplus taken into account Termination Termination of Policies Time Title Title and commencement to furnish Transfer Transitional Transitional arrangements Transitional provisions Trust Funds types of contracts Unborn Uncompleted Forms Underwriting Undesirable Unearned Premium Provision Use of the term Validity Valuation of assets Valuation of liabilities value of assets and liabilities Values Variation Variation and renewal of Void Provisions Voidness Voluntary Winding-up Waiting periods Waiver Waiver of Rights Winding-up Withdrawal Words