Frequently asked questions

• PPS (Professional Provident Society) started in South Africa in 1941 when a group of dentists came together to protect each other financially in case of illness, injury, or death.
• Since then, it has grown to serve over 160,000 professionals in South Africa, expanding into life, health, general insurance, investments, estate planning, and wealth management.
• PPS Mutual Australia launched in 2016 and now serves more than 12,000 professionals and has won best insurer of the year (as voted by advisers) for two years running.
• While PPS South Africa provided the resources to help establish PPS Mutual New Zealand and supports its long-term success, PPS Mutual New Zealand is independent and locally operated, with a New Zealand-based team and independent Board.  
• We partner with independent financial advisers accredited by PPS Mutual NZ to bring this model to Kiwi professionals.

• Being a mutual means the company is owned by its members, not external shareholders.  PPS Mutual does this using a trust structure.
• This means the business exists for the benefit of members.
• All PPS Mutual staff are based in New Zealand and all decisions are made locally in the best interests of our policyholders which includes our members.
• As the ultimate owners of the business, members share in our financial success through the Profit Share Benefit.

Mutual (adjective) done by each of two or more parties toward the other or others; involving shared ownership, rights, or responsibilities. 

• PPS was founded to serve professionals – a segment we understand well.
• We also offer cover to those closely connected to our members, like their family and business partners, as associates.

• We believe in the value of high-quality independent advice, especially for professionals who often have complex insurance needs.  We partner with a select group of advisers who have the expertise, skills, and values to serve the professional market well.
• To become a member, click here and fill out the form. We will the put you in contact with an accredited adviser.

• To answer your questions about the Profit Share Benefit, please refer to our Profit Share Benefit Information Sheet and Multiple Life Policy.