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Transfer from Channel Life to SDM License Approved

16 July 2020

Transfer Agreement between Channel Life Limited and Sanlam Developing Markets Limited Approved.

The Prudential Authority has approved the application to transfer all Channel Life Limited ("Channel Life") policies to Sanlam Developing Markets Limited ("SDM"). That means that as of 2 July 2020, SDM is the new insurer of all these policies.

All documentation relating to this transaction are available below:

A1 Channel Transfer OF1 and OF2

A2 Transfer Agreement Channel – SDM Signed

A4.1 Channel Life Signed AFS 2018

A4.2 SDM Signed AFS 2018

A7.1 HAF report on Channel transfer – Channel final

A7.2 HAF report on Channel transfer – SDM final

B1 True South_Snl_Transfer final

C6 Document F (FAQ for policyholders)

IF024 Approve Transfer of Assets and Liabilities

If you have any queries, please contact our Call Centre on 0861 235 433.

Sanlam Life Insurance is a licensed financial service provider.
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