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Long Term Insurance Act, 1998 (Act No. 52 of 1998)

Regulations

Regulations under the Long-term Insurance Act, 1998

Part 3 : Remuneration

Part 3B : Investment policies that started on or after 1 January 2009

Table [Regulation 3.17(2)]

 

Column 1

Premiums received with a value equivalent to monthly premiums for

Column 2

Adjustment percentage

 

Column 1

Premiums received with a value equivalent to monthly premiums for

Column 2

Adjustment percentage

0 months

100


31 months

48,33

1 month

100


32 months

46,67

2 months

100


33 months

45

3 months

100


34 months

43,33

4 months

100


35 months

41,67

5 months

100


36 months

40

6 months

100


37 months

38,33

7 months

88,33


38 months

36,67

8 months

86,67


39 months

35

9 months

85


40 months

33,33

10 months

83,33


41 months

31,67

11 months

81,67


42 months

30

12 months

80


43 months

28,33

13 months

78,33


44 months

26,67

14 months

76,67


45 months

25

15 months

75


46 months

23,33

16 months

73,33


47 months

21,67

17 months

71,67


48 months

20

18 months

70


49 months

18,33

19 months

68,33


50 months

16,67

20 months

66,67


51 months

15

21 months

65


52 months

13,33

22 months

63,33


53 months

11,67

23 months

61,67


54 months

10

24 months

60


55 months

8,33

25 months

58,33


56 months

6,6

26 months

56,67


57 months

5

27 months

55


58 months

3,33

28 months

53,33


59 months

1,67

29 months

51,67


60 months

0

30 months

50




 

[Part 3B inserted by regulation 1.4 of Notice No. R. 952 of 2008]

 

 


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