by Evolution Life | Aug 9, 2018 | Definitions
Ombudsman is a Swedish word that means ‘representative’ or ‘agent of the people’. Sweden had the first ombudsman in 1809 and other countries adopted the word when they began appointing ombudsmen of their own. Ombudsman is an independent office of qualified people...
by Evolution Life | Jul 27, 2018 | Regulations
Scammers are prevalent, and the insurance sector is no stranger to it. For this reason, the government has issued a set of regulations that look after your interests when you buy a short-term or a long-term insurance policy. These regulations are called Policyholder...
by Evolution Life | Jul 12, 2018 | Products
In one of our previous blogs, we spoke about the difference between long term insurance and short term insurance. At Real People Assurance, we pride ourselves on delivering and developing simple and affordable long term products for you. Our two long term products,...
by Evolution Life | Jul 4, 2018 | Definitions
Insurance is one of those things that we know we need, so we get away without reading what it is we are insuring ourselves for, etc. All we know is that insuring for the future is imperative, and so we just do it. Simply put, insurance is a transfer of risk. You take...
by Evolution Life | Jun 27, 2018 | Regulations
The Financial Advisory and Intermediary Services (FAIS) Act is a statement of law that affects the way a Financial Services Provider (FSP) conducts business, interacts with consumers, and guides the consumer in their daily dealings. The Purpose of the FAIS Act is to:...