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Automated Policy Evaluator (APE)

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What is APE?

 

APE is an acronym for Automated Policy Evaluator. It is a FREE software application that has been developed by ECO Technology (Pty) Ltd, to automatically evaluate policies issued by the insurance companies under the Long Term Insurance Act for the benefit of Brokers and Clients, when Brokers do Financial Needs Analysis’ for their Clients.

 

Simple - yet incredibly efficient!

 

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From The Glossary »

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Industrial Life Insurance:

Life insurance, usually for small sums insured with premiums payable at intervals of less than two months, often weekly and generally collected at the home of the insured by an agent or collector of the life office. In Force 1. Referring to a policy, it means the policy is in effect and has not expired or been cancelled.
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