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Policy Endorsement Notice
Change in Long Term Insurance Ombudsman Details

Legal and Contractual Relationship with Insurer

This Endorsement serves to confirm that the details of the Long-Term Insurance Ombudsman have changed. The Long-term Insurance Ombudsman has been replaced with the National Financial Ombud Scheme and the contact details are as follows:

 

National Financial Ombud Scheme

(For all claims/service-related matters)

Physical Address:              Claremont Central Building, 6th Floor, 6 Vineyard Road, Claremont, 7708

Telephone:                         0860 800 900

Email:                                  info@nfosa.co.za

Website:                             www.nfosa.co.za

 

Legal and Contractual Relationship with the Insurer (For NMI)

This Policy is subject to a cell captive relationship between Guardrisk and Ithala Development Finance Corporate Limited, as a result of a shareholder and subscription agreement concluded between Guardrisk and Ithala Development Finance Corporate Limited, whereby the Ithala Development Finance Corporate Limited is entitled to share in the profits and losses generated by the insurance business. Ithala Development Finance Corporate Limited earns a binder of 9%, an intermediary fee of up to18%.

 

This policy is underwritten by Guardrisk Life Limited (registration number 1999/013922/06), a licensed life insurer in terms of the Insurance Act and an authorized financial services provider (FSP No 76).

 

Should you have any queries about your cover and change any of your details, please contact us on:

 

Tel:                                     080 133 1130

Email Address:                customerservice@myithala.co.za

 

Yours sincerely,

Ithala SOC Limited- Insurance Division

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