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Hi. So what I wanna do is start a subscription service. We only cover engine parts when they break. and when they do break they can take there car in and get it repaired. without having to pay everything. All they would have to pay is the monthly subscription fee. and we don’t cover any damage from accidents just from Failure of the parts. I’m looking to know if this is legal and what I would need. Since we wouldn’t be a insurance company therefore not needing a insurance license we are just a subscription service. that you pay monthly and then don’t have to pay if your engine has failure.

Category:  Business Matters, Licensing

Region: South Africa, Gauteng