TYB Summary of Amendments April 2026
9 Assured Life Percentage of Base Amount Minimum Permanent Disability amount Maximum Permanent Disability amount Dependent Child: 14 years and older 100.00% R500.00 R10 000.00 Dependent Child: Between 6 and 13 years (inclusive) 48.30% R240.00 R4 830.00 Dependent Child: Between 1 and 5 years (inclusive) 35.00% R180.00 R3 500.00 Dependent Child: Between date of birth and less than 1 year (inclusive) 19.30% R100.00 R1 930.00 5.7 Amendments to Basic Needs Benefit Policy 5.7.1 Table 2 of the Basic Needs Benefits as set out in Annexe E.6 are is replaced in its entirety from 1 April 2026 such that (i) the Loyalty Basic Need Benefit is reduced; and (ii) the Loyalty Basic Need Benefit only becomes payable in the event of 36, 48 and 60 consecutive Premium payments (and no longer after 12 and 24 consecutive Premium payments) to read as follows: 2. Loyalty Basic Needs Benefit (Table 2) Month Core Basic Need Benefit (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 R360 R360 R360 Month 2 R360 R360 R360 R360 Month 3 R360 R360 R360 R360
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