Affinity
Introduction
This National Bargaining Council for the Private Security Sector (NBCPSS) Wellness Fund is managed and administered by National Risk Managers (Pty) Ltd (Registration Number 2016/109644/07), a registered Financial Services Provider (FSP Number 47132). The Fund is underwritten by Lion of Africa Life Assurance Company Limited (Registration Number 1942/015587/06), a registered Life Assurer and authorised Financial Services Provider (FSP 15283). This long-term insurance policy is regulated by the Financial Sector Conduct Authority and the Council for Medical Schemes. Subject to the Demarcation Regulations, the Assurer may not refuse membership on the basis of any means of discrimination.
However, this is a closed Wellness Fund, open to members of the NBCPSS only.
1. PremiumPayments
All Premiums are payable monthly in arrears by, or on behalf of, the Owner, on the day of the month selected by the Policyholder, from the list of dates provided. If the Premium is not paid on the payment date selected, a 15 (fifteen) day Grace Period will be applicable. The Policy will be suspended during the Grace Period and no claims will be payable.
The Grace Period will commence from the second month following the Commencement Date provided that collection of the first Premium was successful.
The Assurer reserves the right to collect any failed or rejected Premium, which may include a double debit, from the nominated bank account. Non-payment of Premiums for 2 (two) consecutive months will result in automatic termination of this Policy and no further Benefits will be payable. Premiums are subject to an annual increase in January of each year. The Owner shall be notified at least 30 (thirty) days before the increase takes place. Benefits and Services
The benefits and services will be facilitated and administered by Affinity Health in respect of each Eligible Member, which benefits, and services are subject to annual review and amendment by agreement between the NBCPSS and Affinity Health.
The benefit offering and limitations for all Health Benefits are summarised in Annexure 1