Legal

South Africa has introduced numerous legislation for businesses and particular legislation for insurance brokers.

Chadwicks draws your attention to the following information and the Acts they relate to (please access the required information by selecting the appropriate sub-heading under "Legal"):

  • Complaints Procedure - The Financial Advisory and Intermediaries Services Act
  • Conflict Of interest Policy - The Financial Advisory and Intermediaries Services Act
  • PAIA Manual - The Promotion Of Access To Information Act

 

 

 

 
 

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Newsroom

Strict Product Liability on the cards

2009-06-24

The new Consumer Protection Bill, which has now been enacted, will have far reaching consequences for South African business in that Section 68 imposes Strict Liability on producers, distributors or suppliers to supply or manufacture goods free of defect...  


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Late Claim Notification may mean "No Claim"

2009-03-30

The rule of thumb to avoid falling victim to a claim denied on the basis of Late Notification is to notify your insurer and /or broker of any event that may give rise to a claim, no matter how small or trivial the event may seem. Rather let your insurers take whatever action they deem fit – this is after all why you pay them insurance premiums

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