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Activate your bond insurance today!

In order to activate your bond insurance you will need to accept the Financial Advisory and Intermediary Services (FAIS) Disclosures

The Financial Advisory and Intermediary Services (FAIS) Act was established to regulate the giving of advice and the provision of intermediary services. Overall, the act helps ensure that you our client is dealt with responsibly and professionally at all times. As an authorised FSP, Property Protector Financial Services (PPFS) - FSP No 216 is required by law to make certain disclosures in terms of the FAIS Act, which we require you to accept.

Read our FAIS Disclosures

ooba Bond Protector Insurance - Financial Advisory and Intermediary Services Disclosure

Property Protector Financial Services (FSP 216) - is a licensed financial services provider and is authorized to sell this long term insurance product. Professional Indemnity cover is in place.  This product is underwritten by Guardrisk Life (FSP No 76) and administered by Hollard and Property Protector Financial Services has a contract with Guardrisk Life to distribute this product. Kindly note that this service is rendered without the benefit of a comprehensive needs analysis. The rights to benefits under this Policy will be ceded as collateral to the Lender.

Property Protector Financial Services (Pty) Ltd maintains an active Conflict of Interest Management Policy which is available on the ooba website.

In order to prevent any conflict of interest you should know that Property Protector Financial Services has two associated companies, the first is MortgageSA Risk Services that owns shares in Guardrisk Life and through this shareholding, MortgageSA Risk Services earns revenue from Guardrisk Life based on the underwriting profits and losses achieved by Guardrisk Life. The second company is called ooba administration services with whom a non-mandated intermediary binder fee of 5% (Excl. VAT) of premium per annum is paid for administration services, which is already included in the premium.

You will be receiving a confirmation letter shortly via email and your policy documentation will be sent by email. It is important that you read these documents carefully. If you decide that the policy does not suit your needs, you have 31 days from when you receive it to cancel. You may do this by contacting ooba.

We would like to bring to your attention that there are standard exclusions in the policy; the full details of which will be provided in the confirmation letter that will be sent to you shortly.

Should you not receive the documentation within one month of this call, please ensure that you inform us immediately. If we are not contacted we will assume that you have received them and you are fully satisfied with your policy.

Should you have any questions or queries at all about your policy, or should you need to claim please call us on 0860 00 66 22.

If you are not entirely satisfied with the quality of service, you can email our compliance department at or call our compliance officer on 0860 00 66 22.

The telephone number for the Guardrisk Compliance department is 011 - 669 1104 and their email address is Guardrisk's complaints department can be contacted on

Should you not be satisfied with the resolution provided from the above two parties you may contact the Long Term Insurance Ombudsman on 0860 103 236 or or you may contact the FAIS Ombudsman on Tel No: (012) 762 5000 or e-mail

Your privacy is of utmost importance to Us. We will take the necessary measures to ensure that any and all information, provided by you is processed in accordance with the provisions of the Protection of Personal Information Act 4 of 2013 and further, is stored in a safe and secure manner.

Your Personal Information collected by Us may be used in terms of the applicable laws

for the following reasons:

  1. to establish and verify your identity;
  2. to enable Us to fulfil our obligations in terms of this Policy;
  3. to enable Us to take the necessary measures to prevent any suspicious or fraudulent activity; and
  4. reporting to the relevant Regulatory Authority/Body.

Please refer to your policy document/schedule for our full POPIA clause which protects your personal information.

By accepting the FAIS disclosures you are giving us consent to use your personal info, as explained above.

Thank you for your time and I am sure you will have peace of mind knowing that you and your loved ones will be covered as soon as your property is transferred.

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Listen to our FAIS Disclosures

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