Company Information

Get to know Medshield Medical Scheme

Established in 1968, Medshield is one of South Africa's most experienced and established medical schemes. As a non-profit organization, it is owned by its members, and all contributions are used to cover member healthcare costs and maintain the scheme's financial stability. Medshield's mission is to provide affordable, quality healthcare through a range of plans designed to suit different life stages and budgets, focusing on a member-centric approach.

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Financial InsurancePRIMARY
Financial Other Service

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Medshield Medical Scheme

South Africa

Founded in

1968 (58 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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ASIC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.