Other BenefitsFREE MEDICAL MALPRACTICE POLICY (Normally referred to as indemnity cover) NUPSAW also cares for Health Professional. Whilst the Union does not condone any form of negligence whilst a member is treating a patient, NUPSAW does however recognises that human error does from time to time occur through no deliberate fault of a health professional and that this may lead to litigation which may run into millions of rands. It is against this background that the National Executive Council of NUPSAW has approved that the Union should from its resources pay the premiums to the insurance at no extra cost to the members affected from 1 April 2004, to cover the Health professionals against Medical Malpractice with a reputable insurance company. The cover is for R5 Million per incident where a member is sued for negligence whilst performing his or her work in good faith. This cover is free to all our health professionals. Doctors, Nurses, Radiographers, Physiotherapist, Laboratory Technicians etc can now join the NUPSAW with a freedom of mind that they will remain covered for R5 Million should any unforeseen incident happen which may result in a member being sued and the state refusing liability. 30% of Council fees (Licence Fee) re-inbursement to NURSES & Other Health Professionals NUPSAW will pay nurses and other health professionals 30% reimbursement on their licence fee paid to the South African Nursing Council (SANC). INSURANCE SCHEMESNUPSAW has also negotiated with major insurance companies like Assupol, Old Mutual and Metropolitan to assist our members in making well informed investments and insurance decisions. Through these policies offered by the above insurance companies, members can individualy on a voluntary basis take up policies that covers their extended families at an affordable premium. MICRO LOAN SCHEMESWhilst the Union does not believe in the micro lending schemes, NUPSAW has signed contract to go into a Joint-Venture with Maxi Group Scheme to form a brokerage company called Khulani Financial Services (Pty) Ltd. This company has signed service level agreement to provide various financial services including Debt Counselling.. These Micro Loans Schemes provides for loans from R 1000 to R 10 000 with a repayment period from 12 months up to 48 months. NO Credit Checks! NO security Required!
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