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THE FACTS
DELANI Maseko from Moletsane, Soweto, had insurance with Prime Meridian.
In February he received a letter from underwriter Constantia Insurance cancelling insurance.
ADVICE
The letter he received says, in terms of the new Insurance Act, insurers can no longer provide life and non-life insurance under one licence.
Constantia is a non-life insurer while Delani’s insurance product is life insurance.
Prime Meridian can’t offer him cover. He may approach the long-term insurance ombudsman.
