PYK Contract Summary and Disclosures including Continuous Amendments

Benefit Applicable terms (summary) Natural Death Accidental Death Personal Accident Benefit in terms of the Dread Disease and Personal Accident Policy What We will pay The aggregate Base Amount specified in the first table below, applicable to the Permanent Disability event incurred in an Accident, multiplied by the Percentage of the Base Amount, subject to the Minimum and Maximum Disability Amounts specified in the second table below. When will We pay • Upon the Assured Life incurring one or more Permanent Disabilities as listed in Annexe E.4 of the Contract as a result of an Accident resulting in a Permanent Disability provided that: o You have paid Your Membership Contribution in the Month preceding the Month in which the Permanent Disability occurred or in the Month which such Permanent Disability occurred, but before the date of the Permanent Disability ; and o whereby the Trust has or will pay Your Premiums due to Us as required in terms of the Dread Disease and Personal Accident Policy. • Payment of a Claim is always subject to the Forgiveness Rules. • If You or a Dependent Child dies (whether as a result of the injuries incurred in the Accident or any case whatsoever) after the date on which We accepted the Claim for Personal Accident Benefits, We will pay the Claim for personal Accident Benefits in addition to any Claim for Funeral Benefits. What is the Waiting Period No Waiting Period is applied. When will We not pay • If the Assured Life dies (whether as a result of the injuries incurred in the Accident or any case whatsoever) prior to the date on which the Claim is submitted for the Personal Accident Benefits.