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Private Member's Bill and invitation for comment on the draft, namely the Long-term Insurance Amendment Bill, 2024 - United Democratic Movement

The Long-Term Insurance Act, 1998 (Act No. 52 of 1998) (โ€œthe principal Actโ€), does not provide for a due diligence exercise to be conducted by a long-term insurer offering a funeral policy product, to determine whether the policyholder or prospective policyholder already holds a funeral policy for the same life event.
Cape Town Western Cape South Africa Nqabayomzi Kwankwa United Democratic Movement Assembly Building
Source: udm.org.za

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