Continuous Amendments to PYK Membership Terms and Conditions

16 you will not have any claim and/or any entitlement to the insurance benefits as provided for in the Pukwana ya Kganya Contract. 9. BASIC BENEFITS 9.1 Introduction 9.1.1 By paying a Membership Contribution and becoming a Member of the Trust, such Membership entitles you to all the Basic Benefits as set out in this Membership Terms and Conditions Booklet, read with the Master Regulations and the Basic Benefits Regulations. The Basic Benefits cannot be selected separately, and form part of the package of Membership benefits offered to you. 9.1.2 The Basic Benefits offered as part of Membership to the Trust, consist, amongst others, of access to certain insurance benefits, as follows: 9.1.2.1 Firstly, access to the Pukwana ya Kganya Contract , being an insurance contract with the Insurer as arranged by the Trust, which provides the following insurance benefits: ▪ funeral benefits; ▪ permanent disability benefits; ▪ payment of benefits on the happening of a dread disease; and ▪ payment of basic needs benefits through grocery vouchers on the happening of your death, permanent disability of dread disease . 7 In terms of the Pukwana ya Kganya Contract, and as a Member of the Trust, you are the policyholder entitled to the rights, obligations and insurance benefits in terms of the Pukwana ya Kganya Contract. 9.1.2.2 Secondly, as long as you pay your Membership Contributions to the Trust, the Trust will pay the premiums in terms of the Pukwana ya Kganya Contract to the Insurer. However, if you fail to pay the Membership Contributions to the Trust, the Trust will not pay the 7 Amended with effect from 1 April 2023.

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