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Dear Valued Client,

The current insurer of the GNC Burial Society product, WorkersLife Assurance Company, has notified us that they will no longer underwrite our product range. After weighing all our options we are pleased to confirm that our new underwriter will be Sanlam Developing Markets, an authorized FSP: No 11231.

This will be with effect from the 01 September 2022. Due to the high claims experience over the last few months, there will unfortunately be an increase in the premiums. We have compared rates from various insurers, and we remain confident that the rates secured are competitive in the Burial Society market. You will receive an SMS message shortly to confirm the new premium payable as from October 2022, for the month of October and onwards.

Please note moving to Sanlam, your Terms and Conditions will remain the same, your payment method will remain the same and your waiting period will not be affected.

From the GNC Team, we thank you for your ongoing support. Should you have any queries regarding this, please do not hesitate to contact me via email:

Kind regards,

Nishana Myeza

GNC Financial Services

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