PAY ON DELIVERY INVESTING : If your investment doesn’t grow by at least the Target Return in the first 3 years, you won’t have to pay to set up your investment.

PARENT: Parents may be natural, step or legally adoptive parents. There is a maximum of 2 parents, and they must be no older than 85. Parent-in-law: Parents-in-law may be natural, step or legally adoptive parents of the spouse. There is a maximum of 2 parents-in-law, and they must be no older than 85. The following family members are excluded from parents and in-laws cover: - Grandparents - Grandchildren - Brothers-in-law and sisters-in-law - Nephews, nieces, cousins, aunts and uncles

POST-RETIREMENT MEDICAL AID SUBSIDY OBLIGATION: This refers to the obligation that certain corporate entities have towards their employees to subsidise a portion of their medical aid contributions during retirement. Its benefit is similar in principle to a defined benefit pension.