Business insurance and employees' compensation in Namibia

The Employees' Compensation Fund

Its objective: "to compensate for disablement caused by accidents to or industrial diseases contracted by employees in the course of their employment or for death resulting from such accidents and diseases" (SSC, ECF).

• Report: accidents with medical expenses or more than three days off work must be reported without delay (form E.CI.2; E.CI.226 for motor accidents). The Commission may impose a penalty of up to the full amount of the claim if the accident is not reported within 30 days.
• Temporary disablement: the employer's advances are reimbursed at 75% of the employee's earnings, up to N$4,125.
• Who is covered: the SSC page excludes employees earning more than N$81,300 a year, who can be included by special agreement.

Text of the Employees' Compensation Act 30 of 1941.

MSD contributions for your staff

Each month, 0.9% of each employee's basic wage from the employer and 0.9% from the employee, on a wage of N$500 to N$12,500 from 1 September 2026 (SSC). Details and benefits: SSC benefits; your figure: MSD calculator.

Premises, stock and special risks

Business property, stock and liability cover come from the 14 registered short-term insurers. Damage from riots, strikes, lockouts and labour disturbances is covered by NASRIA alone (NASRIA).

Sources

1. Social Security Commission — Employees' Compensation Fund (ECF)
2. Employees' Compensation Act 30 of 1941 — Social Security Commission copy
3. Social Security Commission — Maternity Leave, Sick Leave and Death Benefit (MSD) Fund
4. NASRIA — Political violence and terrorism cover
5. NAMFISA — Registered institutions and intermediaries (register retrieved 31 October 2026)