Loading the best recommendation for you…

Financial assistance in case of occupational illness or injury

Compensation Fund, ensure up to 75% of your salary as a pension!

Advertisement

Since 1993, South African workers have had at their disposal an excellent and modern tool to help them in case of occupational illness. The Compensation Fund guarantees financial compensation and medical follow-up to employees who develop a work-related health problem. With this help, you can receive health care without having to shoulder new debt. In addition, you can receive a lifetime pension in case of serious illness!

In four points, learn more about the benefits of COID!

It covers virtually any worker in case of injury or occupational illness;
Financial aid can be for life and up to 75% of salary;
Domestic workers can also benefit from this help;
The employee does not have to directly pay any fees to access this help.

Foreign workers working in South Africa who are injured or contract a work-related illness are entitled to COID provided they meet certain requirements. These include: having a work permit or refugee status, being employed by an employer that contributes to COID, being legally working, providing medical evidence that the injury or illness is occupational.

Compensation Fund (COID)

Apply for the Compensation Fund (COID)

Find out how to apply for the Compensation Fund (COID) and rely on media and financial help! Ensure up to 75% of your salary if eligible.

The federal government is calling out all war veterans. All of them are entitled to receive a monthly pension of R2,040.00!

If you are a veteran, find out how to receive this money in the following post!

War Veteran's Grant

Apply for the War Veteran's Grant: find out how

Apply to War Veteran's Grant and automatically increase your annual income by at least R24,000! Understand how to apply for this federal aid!

Trending Topics

content

TymeBank Credit Card full review: should you get it?

TymeBank Credit Card is your chance to get a cheap card with a rewards program and many other benefits. Learn more about the product here1

Keep Reading
content

6 investments that pay monthly income in South Africa

With investments that pay monthly income in South Africa, you can invest and see results as early as next month! Discover the best options!

Keep Reading
content

Old Khaki Store Card full review: should you get it?

Save up to R600 with the Old Khaki Store Card on your next purchases from brands like Adidas, New Balance, and Samsung. Read on!

Keep Reading

You may also like

content

African Bank Gold Credit Card full review: should you get it?

Earn 3% interest back with the African Bank Gold Credit Card! Enjoy the best of Visa Gold benefits. Understand how below!

Keep Reading
content

Discovery Bank Gold Card full review: should you get it?

Discovery Bank Gold Card is the only card that offers up to 40% cashback while you earn miles for every R1 you save. Read on!

Keep Reading
content

ABSA Personal Loan review: the best loan rates in the national market!

Up to R350,000 and up to seven years to pay: learn about the advantages of this lender in our ABSA Personal Loan review.

Keep Reading