Benefits of Insurance

 

We’ve all been approached by an insurance entity at some point but is it a waste of money or a necessity?
Have you thought about what you as a theatre practitioner would do if you were ill or critically injured?
Have you thought about what retirement will look like or if you’ll be able to afford it? 

At present, theatre practitioners who are considered self-employed can’t make NIS payments for themselves. Unless you have some other form of employment and your employer makes the payments on your behalf, you won’t be eligible for NIS benefits while working and after retirement. Some of the benefits provided by NIS include Sickness, Maternity, Invalidity, Funeral Grant, Retirement, and Employment Injury.

The government pension distributed through the Ministry of Social Development and Family Services is a grant and there’s no guarantee that you will receive this. 

Additionally, there has been much difficulty in finding individual insurance plans that are flexible and affordable, and accommodate the needs of theatre practitioners.

In an attempt to find a solution to the problem of insurance plans for life, health and pension, NDATT has engaged representatives of an insurance provider to develop a group policy for its members. 

Some benefits include:
– Lower premiums as part of a group plan than for an individual plan.
– Pension: income after retirement.
– Life: your family will have enough money to cover your funeral expenses and some additional money accordingly.
– Health: reduced costs for doctors visits, eyes and dental procedures.

NDATT hereby invites all creative and cultural workers to a meeting Saturday 5 August from 10:00 AM at the Helen May Johnstone Room, Queen’s Hall, 1-3 St Ann’s Road, St Ann’s,  to learn more about the insurance plans, and participate in the discussion towards the shaping of the group policy to provide coverage for persons who work within our sector. 

Documents to walk with:
– proof of identity (ID card, drivers permit, passport)
– proof of residential address (utility bill) 

This is to facilitate the process of completing the necessary calculations to determine the policy details and options available for each member under the group plan.

Kindly fill the form HERE to RSVP to attend the meeting by Sunday 30th July as refreshments will be provided. 

 

All members of NDATT and creative and cultural workers are welcomed.

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