Insurance firms must pay valid claims – FSCA
Jul 12, 2020
2 minutes
LIESL PEYPER business@citypress.co.za
Small businesses in the hospitality industry that are on the verge of financial collapse as a result of the Covid-19 coronavirus pandemic may have a chance at survival after the Financial Sector Conduct Authority (FSCA) ordered short-term insurers to pay the claims of qualifying policy holders without delay.
In a sharply worded statement, the FSCA this week said that
You’re reading a preview, subscribe to read more.
Start your free 30 days