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FUNERAL PAYOUT BENEFIT

In the event of death, the main member or beneficiary will receive a cash payout that will provide financial assistance during and after the funeral. On the side or below this benefit:

Plan Blue Green Red Silver Gold Platinum
Individual R40.00 R50.00 R60.00 R70.00 R80.00 R99.00
Family R60.00 R90.00 R130.00 R150.00 R175.00 R199.00

INDIVIDUAL PAYOUT OPTIONS

This benefit covers the principal member only. The payout will go to the specified beneficiary.

Plan Blue Green Red Silver Gold Platinum
Payout R5,000.00 R10,000.00 R15,000.00 R20,000.00 R25,000.00 R30,000.00
Monthly Cost R40.00 R50.00 R60.00 R70.00 R80.00 R99.00

FAMILY PAYOUT OPTIONS

This benefit covers the principal member, spouse and 4 dependent children.

Plan Blue Green Red Silver Gold Platinum
Principal Member R5,000.00 R10,000.00 R15,000.00 R20,000.00 R25,000.00 R30,000.00
Spouse R5,000.00 R10,000.00 R10,000.00 R10,000.00 R15,000.00 R20,000.00
Child (14-21 yrs) R5,000.00 R10,000.00 R10,000.00 R10,000.00 R15,000.00 R20,000.00
Child (6-13 yrs) R2,500.00 R5,000.00 R5,000.00 R5,000.00 R7,500.00 R7,500.00
Child (1-5 yrs) R1,250.00 R2,500.00 R2,500.00 R2,500.00 R3,750.00 R3,750.00
Child (0-11 months) R750.00 R1,500.00 R1,500.00 R1,500.00 R2,250.00 R2,250.00

N.B The payout amount that the beneficiary/principal member will receive is dependent on selected payout option and the dependent’s relationship to the principal member. e.g If a dependent who is between the ages of 6- and 13-years old passes on and the principal member has a Family Blue Option, the principal member or beneficiary will receive a payout of R2 500.