List glossary

Viewing 6 Item(s)
  • All
  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • H
  • I
  • J
  • K
  • L
  • M
  • N
  • O
  • P
  • Q
  • R
  • S
  • T
  • U
  • V
  • W
  • X
  • Y
  • Z
    		•
    List glossary
    1

    Not covered

    Member who owe three months (R 750.00 or more)
     
     
    2

    Probation period

    Period for new members and beneficiary before they can receive cover
     
     
    3

    Beneficiary

    This include spouse, kids, mother, father in-laws and binders
     
     
    4

    Binder

    Additional beneficiaries of the member (Uncles, Aunts, sisters, brothers etc.)
     
     
    5

    Quorum

    Minimum number of members required to conduct a meeting. (50% members + L member)
     
     
    6

    Disorganized host

    When member is hosting the meeting and is not available or catering is not provided within the time frame.