Fee Protection Insurance Policy (IWC)

Industry-Wide Course Fees Protection Insurance (IWC) is a scheme that PEIs can subscribe to with a SSG Appointed Industry Wide Coverage Service Provider to protect course fees that students have paid if the PEI is unable to continue operations.

PEIs that subscribe to the IWC are allowed to collect up to six months of course fees at any one time. Kaider is a PEI that does not subscribe to the IWC and may only collect two months of student fees at any instance.