The Association for Savings and Investment South Africa (ASISA) maintains a comprehensive jargon buster on its website.

This is designed to make definitions and explanations contained in life insurance contracts and marketing material easier to understand. It is a general page aimed at life insurance products in general and not only group products.

The jargon buster can be found at:

https://www.asisa.org.za/media-industry/long-term-insurance/jargon-buster-long-term-insurance-industry/

Thank you and regards,
The TSA Team

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All information provided in TSA Connect newsletters is intended to inform and explain, but please remember to always check the current terms on policies when considering options and advising clients.