Network Protection Scheme

In 2021 the 3 Five Star Networks are launching the Network Protection Scheme.
This provides the option of a level of payment protection against insolvency or terminated members.
Our scheme is different to other groups, which ask for all members to deposit funds up front into a network suspense account for future claims.
Our Scheme is optional and operates across the 3 (not 1) Networks.
Therefore if on joining you opt to be an NPS Member you have additional opportunities to trade with agents in the NPS in the sister groups.
On joining members are asked to pledge an amount and at the time of any claim, all participants contribute a proportion of the case claim.
It’s a system like crowd funding and provides security and confidence between all NPS partners.
Further details are available on application.