€3.81 of each members' total annual subscription is allocated to this fund (with the exception of associate or pensioned members). The purpose of the fund is to provide assistance to members (or their estate) to pay medical expenses as a result of illness or accident which result in hospitalisation.
Members may obtain the benefit of €20 per day charged for hospitalisation subject to a maximum of €1,000 per annum.
In addition a Death in Service Benefit of €7,000 is paid from this fund to the next of kin of a member who dies in service to cover funeral expenses.
Associate members receive benefit proportionate with their subscription.
Claims must be submitted within six months of hospitalisation.