If such verification is not conducted, it is clear that the insurance claim must be paid out regardless of the health status of the insured before entering the insurance contract. Supervision revealed that only a smaller number of insurance undertakings have not adopted our recommendations entirely and we will remain committed to that goal.
In conclusion, let me take this opportunity to once again encourage all South Africans to get a share of the SARB today – and in so doing join the SARB in serving the economic well-being of all South Africans. Thank you. Page 4 of 4