{"id":31015,"date":"2024-04-17T10:42:07","date_gmt":"2024-04-17T08:42:07","guid":{"rendered":"https:\/\/www.namfisa.com.na\/educates\/?page_id=31015"},"modified":"2025-06-24T11:53:00","modified_gmt":"2025-06-24T09:53:00","slug":"insurance-medical-aid-fund","status":"publish","type":"page","link":"https:\/\/www.namfisa.com.na\/educates\/insurance-medical-aid-fund\/","title":{"rendered":"Insurance &amp; Medical Aid Fund"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"31015\" class=\"elementor elementor-31015\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-852fe68 elementor-section-stretched elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"852fe68\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c5cce4d\" data-id=\"c5cce4d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-61ed824 elementor-widget elementor-widget-egovenzsectiontitle\" data-id=\"61ed824\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"egovenzsectiontitle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"section-title-wrapper border-light text-left\"><div class=\"title-wrap\"><h3 class=\"section-title\">About Insurance &amp; Medical Aid Fund<\/h3><span class=\"title-separator separator-border theme-color-bg\"><\/span><\/div><!-- .title-wrap --><div class=\"section-description\">The Insurance and Medical Aid Funds Division (the division) oversees the regulation of short-term insurance companies, long-term insurance companies, and medical aid funds in Namibia. The division is responsible for ensuring that short-term and long-term insurance companies, as well as medical aid funds, operate in compliance with the Short-term Insurance Act, 1998 (Act No. 4 of 1998), the Long-term Insurance Act, 1998 (Act No. 5 of 1998), and the Medical Aid Funds Act, 1995 (Act No. 23 of 1995) and other relevant Acts and regulations.<\/div><!-- .section-description --><\/div><!-- .section-title-wrapper -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb1eb63 elementor-widget elementor-widget-eael-cta-box\" data-id=\"bb1eb63\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-cta-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"eael-call-to-action cta-flex bg-img cta-preset-2\">\n\t    <div class=\"content\">\n            <h2 class=\"title eael-cta-heading\">Find Out More <\/h2><p>Educate yourself further on our corporate website.<\/p>\t    <\/div>\n\t    <div class=\"action\">\n\t        <a href=\"https:\/\/www.namfisa.com.na\/insurance-medical-aid-funds\/\" class=\"cta-button cta-preset-2 cta-btn-preset-2 effect-2\"><span class=\"btn-icon\"><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-mouse-pointer\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M302.189 329.126H196.105l55.831 135.993c3.889 9.428-.555 19.999-9.444 23.999l-49.165 21.427c-9.165 4-19.443-.571-23.332-9.714l-53.053-129.136-86.664 89.138C18.729 472.71 0 463.554 0 447.977V18.299C0 1.899 19.921-6.096 30.277 5.443l284.412 292.542c11.472 11.179 3.007 31.141-12.5 31.141z\"><\/path><\/svg><\/span>Read Further<\/a>\t    <\/div>\n\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-egovenz-parallax-data=\"{&quot;parallax_ratio&quot;:&quot;2&quot;,&quot;parallax_image&quot;:&quot;&quot;}\" class=\"elementor-section elementor-top-section elementor-element elementor-element-8e4cb49 elementor-section-stretched elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8e4cb49\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;video&quot;,&quot;background_video_link&quot;:&quot;https:\\\/\\\/youtu.be\\\/Ln98oUmOU5Y?si=KnkBedRVk0QLUsBo&quot;}\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-background-video-container elementor-hidden-mobile\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-background-video-embed\" role=\"presentation\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b775fa0\" data-id=\"b775fa0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8373c5d elementor-widget elementor-widget-egovenzsectiontitle\" data-id=\"8373c5d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"egovenzsectiontitle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"section-title-wrapper border-light text-left\"><div class=\"title-wrap\"><h3 class=\"section-title\">Follow Us<\/h3><\/div><!-- .title-wrap --><div class=\"section-description\"><\/div><!-- .section-description --><\/div><!-- .section-title-wrapper -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0ea2d27 elementor-invisible elementor-widget elementor-widget-video\" data-id=\"0ea2d27\" data-element_type=\"widget\" data-e-type=\"widget\" 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213.508V175.185l142.739 81.205-142.739 81.201z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-efcd55f\" data-id=\"efcd55f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3868833 elementor-widget elementor-widget-image\" data-id=\"3868833\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"408\" height=\"612\" src=\"https:\/\/www.namfisa.com.na\/educates\/wp-content\/uploads\/2025\/06\/20250619_1207_Mascot_with_Book_remix_01jy3tdyweec7vkyxmcadqz9a3-removebg-preview.png\" class=\"attachment-full size-full wp-image-34323\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f3eaa31 elementor-widget elementor-widget-egovenzsectiontitle\" data-id=\"f3eaa31\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"egovenzsectiontitle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"section-title-wrapper border-light text-left\"><div class=\"title-wrap\"><h5 class=\"section-title\">Our Objective<\/h5><\/div><!-- .title-wrap --><div class=\"section-description\"><\/div><!-- .section-description --><\/div><!-- .section-title-wrapper -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d61d505 elementor-widget elementor-widget-egovenziconlist\" data-id=\"d61d505\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"egovenziconlist.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"icon-list-wrapper\"><ul class=\"nav flex-column vertical-icon-list\"><li class=\"icon-parent\"><span class=\" icon-theme-color ti-check\"><\/span>Protect and enhance the integrity of the Namibian insurance and medical aid funds industry.<\/li><li class=\"icon-parent\"><span class=\" icon-theme-color ti-check\"><\/span>Enforce compliance with relevant laws and regulations.<\/li><li class=\"icon-parent\"><span class=\" icon-theme-color ti-check\"><\/span>Safeguard the interests of members and policyholders.<\/li><li class=\"icon-parent\"><span class=\" icon-theme-color ti-check\"><\/span>Mitigate systemic risks in the industry posed to the financial system.<\/li><\/ul><\/div><!-- .icon-list-wrapper -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>About Insurance &amp; Medical Aid Fund The Insurance and Medical Aid Funds Division (the division) oversees the regulation of short-term insurance companies, long-term insurance companies, and medical aid funds 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