When And How To Amend?

Group Life and/or disability and a Permanent Health Insurance

• The employer can amend the contract any time during the year by informing the underwriter or broker in writing of the changes: Please note that the Insurer can not increase premiums in the event of deteriorating mortality experience within the contract year. Also the contract is renewable annually. For a group funeral scheme a member or an employer has the choice of amending a Policy monthly. The employer can do this in writing whilst the member has to complete an amendment form.

Group Credit and Mortgage scheme

• The financial institution has the choice of amending the policy at any time by giving the Insurer a 3 months notice period.