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IconLIGHTNING DAMAGE & SURGE PROTECTION SPECIALISTS

NORTHERN TECHNOLOGY

 Lightning and surge protection specialists.
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SURGETEK®

 Established in 1970, Surge Technology, trading as Surgetek, specialises in all aspects of lightning and surge protection. Since its inception, the company has played a leading role in drafting relevant SABS earthing and lightning protection codes, and its highly experienced staff has served on various ...
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From The Glossary »

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Net Premium Life Business:

The premium which, together with other similar premiums, along with investment income, will be exactly sufficient to pay all claims under certain specific assumptions as to mortality rates and interest yields. It does not provide for any expenses of administration nor for contingencies not contemplated in the basic mortality and interest assumptions. A level net premium is uniform in amount as between first and renewal policy years and hence makes ...
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