News
Market
Jobs
About
Contact
List Product
Register
Login
Generate
WhatsApp Message
*Pensions Commission Flags Funeral Insurer Targeting Teachers* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?iz The Insurance and Pensions Commission (IPEC) has warned teachers against joining a pensions and funeral policy agency targeting teachers. In a statement, the country’s pensions commission said the Zimbabwe Teachers Investment Trust (ZITIT) is not registered as an insurance company. ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- The warning comes after ZITIT announced that it had launched a funeral assurance plan for teachers. IPEC said: > Whilst IPEC is investigating the matter, teachers are warned against buying the said (funeral) policies as the entity in question is not registered as an insurance company. > Section 7(1) of the insurance Act prohibits unregistered entities from carrying out insurance business. > To this end, the commission again reminds consumers who want to buy insurance policies to only deal with registered entities. > Consumers can check beforehand with the IPEC entities that are authorized to render insurance services… IPEC is a statutory board established in terms of the Insurance and Pensions Commission Act [Chapter 24:21] to regulate the insurance and pensions industry in the country. *More: NewsDay* itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Give us Feedback
Full Name
WhatsApp Number
Feedback
Submit
Feedback