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Power of Attorney for Financial Transactions

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Power of Attorney for Financial Transactions

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Questions and Answers

What is the primary purpose of providing personal information to the Agent?

To cancel the funeral insurance cover

To change the policyholder's signature

To ensure premiums are paid for the funeral insurance cover (correct)

To obtain a refund for the funeral insurance cover

What is the method of premium payment authorized by the policyholder?

EFT payment

Debit order against the bank account (correct)

Credit card payment

Cash payment

Who is the authorized Financial Services Provider (FSP) mentioned in the text?

EAP Financial Services (Pty) Ltd (correct)

Ubuntu Life (Pty) Ltd

African Unity Life Limited

All of the above

What is the role of Ubuntu Life (Pty) Ltd in the policy?

Authorized juristic representative of EAP Financial Services (Pty) Ltd Signup and view all the answers

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 Signup and view all the answers

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 Signup and view all the answers

Who is the underwriter of the funeral insurance cover?

African Unity Life Limited Signup and view all the answers

What is the purpose of the debit order authorization against the policyholder's bank account?

To deduct premiums for the funeral insurance cover Signup and view all the answers

What is the registration number of African Unity Life Limited?

2003/016142/06 Signup and view all the answers

What is the contact email address for claims provided in the text?

<a href="mailto:[email protected]">[email protected]</a> Signup and view all the answers