Global Credit Rating (GCR) is Africa’s leading insurance rating system. It plays a vital role in the South African medical schemes industry. The GCR system is a relative and systematic rating using an analysis of the strengths and weaknesses of a company and the debt instruments issued by that business. The GCR is useful for policyholders to consider the ratings of their medical aid and gap cover providers when becoming

Do you know what the annual aggregate limit for your gap cover provider is and how this can affect you and your family? Terms used in insurance can often be complicated and overwhelming. However, it is important for medical aid and gap cover members to understand what these terms mean and how it affects their medical scheme and short-term insurance products. What is the annual aggregate limit for gap cover?