Common use of DEBT PROTECTION Clause in Contracts

DEBT PROTECTION. 31.1.1 You will receive Automatic Debt Protection cover, an embedded value add service and a credit life insurance plan which provides cover against the outstanding balance or the maximum specified amount, whichever is the lesser amount, on your credit card facility at the time of your death or permanent disability, subject to the following conditions: • We (the Insurer) must receive satisfactory proof of your death or permanent disability within twelve (12) months of the event; • We will not waive any amount owing to us that is greater than twelve thousand Rand (R12 000) for Cardholders.

DEBT PROTECTION. 31.1.1 31.1.1. You will receive Automatic Debt Protection cover, as an embedded value add added service and a credit life insurance plan which provides cover against the outstanding balance or the maximum specified amount, whichever is the lesser amount, amount on your credit card facility at the time of your death or permanent disability, subject to the following conditions: • We (the Insurer) must receive satisfactory proof of your death or permanent disability within twelve (12) months of the event; • We will not waive any amount owing to us that is greater than twelve thousand Rand (R12 000) for Cardholders.

DEBT PROTECTION. 31.1.1 33.1.1. You will receive Automatic Debt Protection cover, an embedded value add service and a credit life insurance plan which provides cover against the outstanding balance or the maximum specified amount, whichever is the lesser amount, on your credit card facility at the time of your death or permanent disability, subject to the following conditions: • We (the Insurer) must receive satisfactory proof of your death or permanent disability within twelve (12) months of the event; • We will not waive any amount owing to us that is greater than twelve thousand Rand (R12 000) for Cardholders.twelve

DEBT PROTECTION. 31.1.1 33.1.1. You will receive Automatic Debt Protection cover, as an embedded value add value-added service and a credit life insurance Insurance plan which provides cover against the outstanding balance or the maximum specified amount, whichever is Is the lesser amount, on your credit card facility at the time of your death or permanent disability, subject to the following conditions: • We (the Insurer) must receive satisfactory proof of your death or permanent disability within twelve (12) months of the event; • We will not waive any amount owing to us that is greater than twelve thousand Rand (R12 000) for Cardholders.: