Summary of Amendments Pukwana ya Kganya April 2023

10 5.4.2 Pick n Pay Voucher terms and conditions 5.4.2.1 Vouchers may be redeemed at any Pick n Pay store located nationwide. 5.4.2.2 Vouchers are not redeemable for cash but may be transferred to another person if so elected by the Policyholder. 5.4.2.3 Lost or stolen Vouchers will not be replaced or refunded. 5.4.2.4 Vouchers are valid for a period of 3 (three) years from date of issue, unless otherwise specified. 6. Nomination of Beneficiary 6.1 The Beneficiary nominated by the Policyholder in terms of the MPP Form or the AMPP Form, will receive payment of the Basic Needs Benefit in the event of the death of the Policyholder (“ Primary Beneficiary ”). 6.2 The Policyholder authorises the Primary Beneficiary, upon acceptance of the Basic Needs Benefit and the right of nomination contained in this clause 6.2, to nominate a further beneficiary (“ Secondary Beneficiary ”) in the event that the Primary Beneficiary dies before payment of all 6 (six) Monthly Vouchers. 6.3 In the event that the Basic Needs Benefit is paid to the Policyholder as contemplated in clause 2.4.1 of this Part V, and the Policyholder dies before payment of all 6 (six) Monthly Vouchers, the provisions of clause 6.1 and clause 6.2 of this Part V will become applicable insofar as they relate to the payment to the Primary Beneficiary and Secondary Beneficiary. 6.4 The provisions of clause 5 of the Funeral Policy in Part II will apply with the necessary changes to this Basic Needs Benefit Policy. 7. Claim Documents for Basic Needs Benefits 7.1 Without limitation to the provisions of clause 13 of Part I, the following Claim Documents must be submitted to the Insurer in respect of a claim for a Basic Needs Benefit: 7.1.1 BNBCN Form;