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23 June 2021 Financial Service Intelligence Watch

SCA case summary involving Discovery Life Limited v Hogan and Another

By Shamaa Sheik

The following judgment was handed down in the Supreme Court of Appeal on 11 June 2021:

  • Discovery Life Limited (Appellant); and Michael William Hogan (1st Respondent), Joan Hazel Hogan (2nd Respondent) – (case number: 389/2020) 

Fast facts

Insurance policy – interpretation of policy terms – ...

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SCA rules for insurer after cancellation of life policy

When Johannesburg resident Susan Church decided to cancel her insurance policy from Discovery Life Ltd, she had no inkling of the events that were to befall her six weeks later. While on holiday at Sani Pass Lodge, she was overcome by carbon monoxide fumes from a faulty geyser in the ...

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Working Smart

By Lee Rossini

At the heart of the client-adviser relationship is trust. For a client to take a financial adviser into their trust is a sensitive and delicate process. Building trust always requires the same basic elements: truth, sincerity, perceived value, and the client’s confidence in the adviser. There are several principles that should assist in building trust between a financial adviser and client.

CPD

Subscribers are reminded that they can now complete their monthly CPD quizzes and claim CPD hours. For more on accessing the CPD quizzes, please click on the CPD FAQs button on the top bar of the screen. 

 
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