PYK Contract including Continuous Amendments
88 Annexe E.6 Basic Needs Benefi t 98 The following Basic Needs Benefit is payable upon the occurrence of the Insured Event, as specified below, in terms of the Basic Needs Benefit Policy: 1. Core Basic Needs Benefit (Table 1 ) 99 Month Core Basic Need Benefit – Voucher value* Month 1 R360 Month 2 R360 Month 3 R360 Month 4 R360 Month 5 R360 Month 6 R360 * The core Basic Needs Benefit of R360 will be paid simultaneously by way of three Vouchers of R120 eac h. 100 2. Loyalty Basic Needs Benefit (Table 2 ) 101 Month Core Basic Need Benefit (Voucher value)* Loyalty Basic Need Benefit payable in the event of 12 consecutive Premium payments# (Voucher value)** Loyalty Basic Need Benefit payable in the event of 24 consecutive Premium payments** (Voucher value)** Loyalty Basic Need Benefit payable in the event of 36 consecutive Premium payments# (Voucher value)** Loyalty Basic Need Benefit payable in the event of 48 consecutive Premium payments# (Voucher value)** Loyalty Basic Need Benefit payable in the event of 60 consecutive Premium payments# (Voucher value)** Month 1 R360 R120 R240 R360 R480 R600 Month 2 R360 R120 R240 R360 R480 R600 98 Annexe E.6 inserted with effect from 1 April 2023. 99 Amended with effect from 1 April 2024. 100 Amended with effect from 1 April 2024. 101 Amended with effect from 1 April 2024.
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