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Compcare Medical Scheme

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Tel: +27 (0) 11 208 1800
Fax: +27 (0) 11 208 1028
Address:
Status House
15 Tambach Road
Sunninghill Park
Sandton
2196
Postbox:
Private Bag X 49
Rivonia
2128
We have a wide range of products to choose from. Check out our website for more information.
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From The Glossary »

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Mortgage-Protection Insurance:

Insurance that decreases in amount periodically (usually yearly). It may either expire completely after a term of years or remain level thereafter at a reduced amount. The decreases in amount follow the principal-reduction pattern of a monthly reducing mortgage loan, and the insurance is primarily intended to pay off the unpaid balance of such a loan in the event of the death of the insured.
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