The acceptance of a new scheme is an exciting time for brokers, employers, members and TSA. To ensure a smooth transition for all parties and that members are covered in time, we would like to make you aware of the following dates. New business If the scheme is a new scheme that has not had… Read More

As recently communicated, it is more important than ever for ALL employees to complete a Beneficiary Nomination Form (BNF). In the event of a death, the employer can no longer appoint the distribution of benefits to beneficiaries. According to a ruling by the Prudential Authority, insurers are only allowed to distribute the benefit in accordance… Read More

There has recently been some confusion as Sanlam has communicated that there has been postponement of risk premium increases from 01 April 2021 to 01 October 2021, however this is only applicable to Sanlam Umbrella Fund (SUF) schemes and not on direct Sanlam Group Risk (SGR) or Sanlam schemes via TSA. TSA scheme reviews will, therefore, continue… Read More

In 2019 Sanlam introduced two options for the payment of the death benefit in order to prevent disputes at claim stage. All Employer groups choose one of the following two options that apply to every claim: Option 1 (the default option) : Claims will be paid to the Insured’s Dependants and/or Nominees as solely decided… Read More