10 Questions
What is the primary purpose of providing personal information to the Agent?
To ensure premiums are paid for the funeral insurance cover
What is the method of premium payment authorized by the policyholder?
Debit order against the bank account
Who is the authorized Financial Services Provider (FSP) mentioned in the text?
EAP Financial Services (Pty) Ltd
What is the role of Ubuntu Life (Pty) Ltd in the policy?
Authorized juristic representative of EAP Financial Services (Pty) Ltd
What is the purpose of the policyholder's signature and thumbprint on the document?
To confirm the policyholder's consent to the terms and conditions
What is the relationship between Ubuntu Life (Pty) Ltd and EAP Financial Services (Pty) Ltd?
Ubuntu Life is an authorized juristic representative of EAP Financial Services
Who is the underwriter of the funeral insurance cover?
African Unity Life Limited
What is the purpose of the debit order authorization against the policyholder's bank account?
To deduct premiums for the funeral insurance cover
What is the registration number of African Unity Life Limited?
2003/016142/06
This quiz is about granting authority to a representative to manage financial transactions and enter into insurance agreements on behalf of the policyholder. It involves understanding the scope of power of attorney in financial institutions and insurance services. Test your knowledge of financial authorization and insurance agreements.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
