unlawful insurance cover

/unlawful insurance cover

SA Consumers to Pay Less for Credit Insurance!

By |2016-01-11T13:40:03+02:00November 16th, 2015|credit, National Credit Regulator, predatory insurance sales, unlawful insurance cover|

Cap on Maximum Credit Insurance Premiums On Friday, 13 November 2015, the Department of Trade and Industry (dti) released draft legislation, proposing the maximum premium chargeable on credit insurance be capped at a much lower rate. Credit life insurance writes off a consumer’s debt, in the event of death, unemployment or other circumstances that leave [...]

A Predator in the Retail Business – JD Group

By |2017-03-27T14:07:20+02:00August 11th, 2015|predatory insurance sales, SA consumers, unlawful insurance cover, unscrupulous insurance|

Unscrupulous ‘Uncle’ JD After exposing JD Group for unlawful disability and retrenchment insurance sales to pensioners, the National Credit Regulator (NCR) has requested that the National Consumer Tribunal (NCT) fine the unscrupulous multinational. The retail conglomerate comprises Joshua Doore, Russells, Morkels, HifiCorp, Bradlows, Barnetts, Electric Express and Pride ‘n Price. In addition, the regulator has called [...]