Loyalty Basic Needs Benefit (Table 2) Sample Clauses

Loyalty Basic Needs Benefit (Table 2). Month Core Basic Need Benefit (Voucher value)* Loyalty Basic Need Benefit payable in the event of 12 consecutive Premium payments# Loyalty Basic Need Benefit payable in the event of 24 consecutive Premium payments** Loyalty Basic Need Benefit payable in the event of 36 consecutive Premium payments# Loyalty Basic Need Benefit payable in the event of 48 consecutive Premium payments# Loyalty Basic Need Benefit payable in the event of 60 consecutive Premium payments# (Voucher value)** (Voucher value)** (Voucher value)** (Voucher value)** (Voucher value)** 34 Annexe E.6 inserted with effect from 1 April 2023. # Premium payments refers to the Premium payment history of the Policyholder under the Thari ya Baruti Funeral Policy and the Thari ya Baruti Dread Disease and Personal Accident Policy (with reference to his/her payment of Membership Contributions as contained in the Payment Receipt Booklet). * The core Basic Needs Benefit of R330 will be paid simultaneously by way of three Vouchers of R110 each. ** The loyalty Basic Needs Benefit will be paid simultaneously by way of Vouchers of R110 each. By way of example, the loyalty Basic Needs Benefit of R550 will simultaneously be paid by way of 5 Vouchers of R110 each, in addition to the core Basic Needs Benefit of R330, paid simultaneously by way of 3 Vouchers of R110 each.