2019 COID Policy Renewals for Class IV

It is that time again for Class IV Clients to renew their COID policy cover for 2019. Taking care of all compliance matters ensures that employees are always protected.

Clients can access their invoice and submit their earnings declaration (2018 actuals and 2019 estimates) here.

Premium payment and earnings declaration timelines

The deadline for premium payments and the submission of earnings is 31 January 2019.

Declaring company’s earnings and paying premium by 31 January 2019 assures that clients will receive their Letter of Good Standing (LOGS) timeously.

If there is a variance of more than 20% between the 2018 actual and 2019 estimated earnings, we require a copy of the audited payroll report for 2018 to support the variance. Kindly email copy to declarations@randmutual.co.za. Earnings will then be reviewed and approved. This will delay release of the invoice and LOGS for 2019.

Interest will be charged on any overdue accounts in line with section 86.2 of the Compensation for Occupational Injuries and Diseases Act (COIDA).

For any further enquiries, clients can contact us on 0860 222 132 or email contactcentre@randmutual.co.za.