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CR193 Misselling – was advice by agent appropriate – was the investor’s decision informed?

CR193 Misselling – was advice by agent appropriate – was the investor’s decision informed? Background The policyholder, the complainant in this matter, was invested in a smooth bonus portfolio with an insurer when he was approached by an agent of the insurer on turning 55. His investment of R1 201 771 was moved into an […]

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CR30 Imputation of knowledge – patent disability

CR30 • Imputation of knowledge - patent disability Background Mrs A was the owner of a funeral policy with Company X. When she died, her husband instituted a claim but Company X repudiated it due to alleged non-disclosure of material medical information. Mrs A applied for the policy in 1997 but failed to inform Company [...]

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