long-term insurance business means long-term insurance business as defined in the Insurance Act, 1943 (Act 27 of 1943), and includes any business which is for the purposes of the said Act dealt with by the Registrar of Insurance as long-term insurance business and any business which in the opinion of the Minister is medical aid insurance business conducted on a non-cancellable basis;
long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -
long-term insurance business means the business of effecting or carrying out long- term insurance contracts as principal, being contracts falling within Part II of Schedule 1 to the RAO;
More Definitions of long-term insurance business
long-term insurance business means the business of effecting or carrying out “contracts of long- term insurance” as defined in the Financial Services and Markets Act 2000 (Regulated Activities)
long-term insurance business means the business of insurance of any of the classes specified in the Second Schedule to the Insurance Business Act;
long-term insurance business means insurance business of any of the classes described in Part I of the First Schedule;
long-term insurance business means insurance business of any of the following classes, namely:
long-term insurance business means long-term insurance business as defined in the Insurance Act, 1943 (Act 27 of 1943), and includes any business which is for the purposes of the said Act dealt
long-term insurance business means long-term insurance business as defined in section 1(1) of the Long-term Insurance Act;