 |
 |
Employment Equity is about equal opportunities to all in the workplace, eliminating unfair treatment and implementing Affirmative Action measures. |
 |
The Occupational Health and Safety Act places a number of obligations on employers |
 |
| People's Accident, Funeral & Injury Provider |
 |
New Companies Act
The New Companies Act imposes high professional standards and severe punishment for wayward directors and managers. Directors will have to be evaluated regularly, may be placed under probation or may be declared delinquent and be debarred for life from taking directorships.
Corporate Governance
Corporate Governance compliance and the reporting of compliance will become the single determining factor for future success and survival for businesses. |
Directors & Officers
Directors work in a tough regulatory environment and companies throughout the world face a battery of laws, codes and standards. COFESA and ABSA/AIFA in conjunction with Chartis South Africa Limited (one of SA’s leading D&O insurers) have developed a unique product offering for COFESA members, the product provides broader cover, with fever restrictions and more value added services. All this is underpinned by one of the most experienced claim teams the industry has to offer. |
|
People's Accident, Funeral & Injury Provider (CCC)
CCC for Complete Cover consists of:
• Accident Death Benefits
• Maternity Benefits
• Medical Expenses Cover for Occupational Injuries
• Permanent and Temporary Disability Benefit
• Savings Account
• Family Funeral Plan
Click to view:
• More info on CCC
• CCC Policy Information
• CCC Application form
People's Accident, Funeral & Injury Provider
Example: Annual Earnings of R18000 and R10000 funeral cover |
Accidental Death benefit
|
R 18,000 |
R 200,000.00 |
Permanent |
|
|
Total Disability benefit |
R 18,000 |
R 200,000.00 |
Weekly Temporary Total |
|
|
Disability benefit |
R 346.15 |
R 3,846.54 |
Funeral Cover
|
Member |
R10 000.00 |
R10 000.00 |
Spouse |
R10 000.00 |
R10 000.00 |
Children: 14-21 |
R 8 000.00 |
R 8 000.00 |
Children: 6-13 |
R 6 000.00 |
R 6 000.00 |
Children: 0-5 |
R 4 000.00 |
R 4 000.00 |
Stillborn |
R 1 000.00 |
R 1 000.00 |
Premium p/m |
R 94.00 |
R 184.71 |
Optional Extra - Medical Expenses for O.I.D. (Injury on Duty) Maximum Cover of R20 000 per annum
|
Premium p/m |
R 25.79 |
R 25.79 |
Monthly Investment |
|
|
Optional Extra - R25 p/m |
R 25.00 |
R 25.00 |
Or in Units of R25 |
|
|
TOTAL PREMIUM |
R 145.00 |
R 235.50 |
|
|
|
Funeral Cover Only |
|
|
|
|
|
Member |
R10 000.00 |
|
Spouse |
R10 000.00 |
|
Children: 14-21 |
R 8 000.00 |
|
Children: 6-13 |
R 6 000.00 |
|
Children: 0-5 |
R 4 000.00 |
|
Stillborn |
R 1 000.00 |
|
Premium p/m |
R 52.00 |
|
|
