We wish to inform you that the insurer, Sanlam Developing Markets, has completed their revision of scheme rates and general underwriting conditions. Their underlying rates have been increased with effect from 01 March 2023 (thus premium payable for the month of March and onwards). This will effectively lead to an increase in the premium you pay. You will receive a SMS message shortly to inform you of the new premium payable for your March 2023 and thereafter premiums.