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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Explain the types of compulsory statutory insurance in South Africa 
SAQA US ID UNIT STANDARD TITLE
114966  Explain the types of compulsory statutory insurance in South Africa 
ORIGINATOR
SGB Insurance and Investment 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 3  NQF Level 03 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard replaces: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
9005  Explain the types of compulsory statutory insurance in South Africa  Level 3  NQF Level 03  Complete 

PURPOSE OF THE UNIT STANDARD 
This Unit Standard introduces the concept of statutory insurance including Workers' Compensation, the Unemployment Insurance Fund and the Road Accident Fund.

The qualifying learner is capable of:
  • Identifying the types of insurance required by law in South Africa.
  • Explaining Workers' Compensation.
  • Explaining the Unemployment Insurance Fund (UIF).
  • Explaining the Road Accident Fund (RAF). 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners should be competent in Communication and Mathematical Literacy at NQF Level 2. 

    UNIT STANDARD RANGE 
    The typical scope of this Unit Standard is;
  • Compulsory insurance legislation is the Compensation for Occupational Injuries and Diseases Act, Act 130 of 1993, as amended, (COIDA) the Unemployment Insurance Fund (UIF), the Occupational Diseases in Mines and Works (ODMWA) and The Road Accident fund (RAF). 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Identify the types of insurance required by law in South Africa. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The reason for compulsory insurance is identified with examples. 

    ASSESSMENT CRITERION 2 
    The legislation governing compulsory insurance in South Africa is named and an indication is given for the rationale for each Act. 

    SPECIFIC OUTCOME 2 
    Explain Workers' Compensation. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The legislation that governs Workers' Compensation is named and the advantages of guaranteed insurance are explained from the point of view of the employer and the employee. 

    ASSESSMENT CRITERION 2 
    An indication is given of who is covered by COIDA. 

    ASSESSMENT CRITERION 3 
    The implications for the employee if the employer fails to pay his/her assessments, is explained in terms of the employee's right to claim benefits. 

    ASSESSMENT CRITERION 4 
    The implications for the employer who fails to pay the required assessments are explained in terms of the State's rights against the employer. 

    ASSESSMENT CRITERION 5 
    The process for reporting accidents and occupational diseases is explained with reference to the employee's responsibility in reporting, time frames and the implications if the process is not followed correctly. 

    SPECIFIC OUTCOME 3 
    Explain Unemployment Insurance Fund (UIF). 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The legislation that governs the Unemployment Fund (UIF) is identified and the extent of cover under UIF is explained with reference to period and benefits. 

    ASSESSMENT CRITERION 2 
    The concept of being unemployed is explained as it applies in the Unemployment Insurance Act (UIF Act). 

    ASSESSMENT CRITERION 3 
    An indication is given of the conditions under which a person is eligible for cover benefit. 

    ASSESSMENT CRITERION 4 
    The importance of keeping the UIF records up to date is explained with reference to the responsibility of both the employer and employee. 

    ASSESSMENT CRITERION 5 
    The process of applying for benefits is explained with reference to the UIF Act or Regulations promulgated under the Act. 

    ASSESSMENT CRITERION 6 
    Actions that constitute fraud under the UIF Act are named and an indication is given of the consequences of committing fraud. 

    SPECIFIC OUTCOME 4 
    Explain the Road Accident Fund (RAF). 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The legislation that governs the Road Accident Fund (RAF) is identified and the right to cover under RAF is explained with reference to pedestrians, drivers and passengers in vehicles. 

    ASSESSMENT CRITERION 2 
    The concept of negligence or fault is explained as it affects the right to claim. 

    ASSESSMENT CRITERION 3 
    The source of funding for the Road Accident Fund is identified and conditions under which payment is guaranteed are explained with reference to the concept of negligence. 

    ASSESSMENT CRITERION 4 
    The process for claims against the RAF is described with reference to prescribed time frames. 

    ASSESSMENT CRITERION 5 
    Actions that constitute fraud under the RAF Act are named and an indication is given of the consequences of committing fraud. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    This Unit Standard will be internally assessed by the provider and moderated by a moderator registered by a relevant accredited ETQA or an ETQA that has a Memorandum of Understanding with the relevant accredited ETQA. 

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    N/A 

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO WORKING 
    The learner can participate as a responsible member of his/her work community by knowing the process of reporting accidents and occupational diseases and the employee's responsibility in reporting, time frames and the implications if the process is not followed correctly. 

    UNIT STANDARD CCFO COMMUNICATING 
    The learner can communicate in explaining concepts relating to statutory insurance. 

    UNIT STANDARD CCFO DEMONSTRATING 
    The learner can demonstrate an understanding of the world as a related set of systems when naming the various forms of compulsory insurance in South Africa and identifying them as forms of social security. 

    UNIT STANDARD CCFO CONTRIBUTING 
    The learner can participate as a responsible citizen in his /her local community by knowing the kind of actions that constitute fraud under the UIF Act and the consequences of committing fraud. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    This unit standard replaces unit standard 9005, which is "Explain the types of compulsory statutory insurance in South Africa" Level 3, 2 credits. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  48783   National Certificate: Financial Services  Level 2  NQF Level 02  Reregistered  2023-06-30  INSETA 
    Core  48494   National Certificate: Financial Services Management  Level 3  NQF Level 03  Passed the End Date -
    Status was "Reregistered" 
    2012-06-30  INSETA 
    Elective  49256   Further Education and Training Certificate: Counselling  Level 4  NQF Level 04  Reregistered  2023-06-30  HW SETA 
    Elective  49649   Further Education and Training Certificate: Long-term Insurance  Level 4  NQF Level 04  Reregistered  2023-06-30  INSETA 
    Elective  49529   Further Education and Training Certificate: Long-Term Risk Assessment  Level 4  NQF Level 04  Reregistered  2023-06-30  INSETA 
    Elective  49356   Further Education and Training Certificate: Medical Claims Assessing  Level 4  NQF Level 04  Reregistered  2023-06-30  INSETA 
    Elective  66610   Further Education and Training Certificate: Short Term Insurance  Level 4  NQF Level 04  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
    Elective  57613   Further Education and Training Certificate: Short-Term Risk Management  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered" 
    2012-06-30  INSETA 
    Elective  66613   Further Education and Training Certificate: Wealth Management  Level 4  NQF Level 04  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
    Elective  48640   National Certificate: Financial Services Management  Level 4  Level TBA: Pre-2009 was L4  Reregistered  2023-06-30  INSETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. African Resources & Financial Training (Pty) Ltd 
    2. ALCARI 233 CC T/A ALCARI (Eversdal)(TP) 
    3. Alcari Learning Centre (Pty) Ltd 
    4. BRC Solutions (Pty) Ltd 
    5. CKP Development Agency (Pty) Ltd. 
    6. De Vries Management & Training Services cc 
    7. DSBI (Pty) Ltd 
    8. EJW Financial Services (Pty) Ltd 
    9. Executive People Development Solutions (Pty) Ltd 
    10. Faisit (Pty) Ltd 
    11. Intec College 
    12. Intelligo Solutions Pty (Ltd) 
    13. Invuya Institute of Learning (Pty) Ltd 
    14. Masifunde Training Centre (Pty) Ltd 
    15. Octomate (Pty) Ltd 
    16. Old Mutual Life Assurance Company South Africa 
    17. Outsurance Insurance Company Ltd 
    18. Ray Strodl Consulting (Pty) Ltd 
    19. Ripple Effect 4 (Pty) Ltd 
    20. Road Accident Fund 
    21. Sanlam Life Insurance Ltd 
    22. Sanlam Life Insurance Ltd. 
    23. The Institute of Health Risk Managers (Pty) Ltd 
    24. Umfolozi FET College - Central Office 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.