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SOUTH AFRICAN QUALIFICATIONS AUTHORITY

REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE:

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	2
REGISTRATION STATUS		REGISTRATION START DATE	REGISTRATION END DATE	SAQA DECISION NUMBER
Passed the End Date - Status was "Reregistered"		2018-07-01	2023-06-30	SAQA 06120/18
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2026-06-30		2029-06-30

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	2

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	Passed the End Date - Status was "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	Passed the End Date - Status was "Reregistered"	2023-06-30	HW SETA
Elective	49649	Further Education and Training Certificate: Long-term Insurance	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	INSETA
Elective	49529	Further Education and Training Certificate: Long-Term Risk Assessment	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	INSETA
Elective	49356	Further Education and Training Certificate: Medical Claims Assessing	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	INSETA
Elective	66610	Further Education and Training Certificate: Short Term Insurance	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-07-30	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	Passed the End Date - Status was "Reregistered"	2023-06-30	As per Learning Programmes recorded against this Qual
Elective	48640	National Certificate: Financial Services Management	Level 4	Level TBA: Pre-2009 was L4	Passed the End Date - Status was "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.

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