Contingency Fees Act, 1997
R 385.00
Short-Term Insurance Act, 1998 (Act No. 53 of 1998)Policyholder Protection RulesPolicyholder Protection Rules (Short-Term Insurance), 2017Chapter 6 : Product Performance and Acceptable ServiceRule 15 : Periods of Grace |
| 15.1 | An insurer shall ensure that a policy contains a provision for a period of grace for the payment of premiums of not less than 15 days after the relevant due date: Provided that in the case of a monthly policy, such provision must apply with effect from the second month of the currency of the policy. |
[Rule 15(15.1) substituted by rule 8(a) of Notice No. 996, GG 41928, dated 28 September 2018];
