Core Basic Needs Benefit Clause Samples

Core Basic Needs Benefit. 2.5.1 A Claim for the core Basic Needs Benefit will be paid upon the happening of an Insured Event, in the event that - 2.5.1.1 a Claim for a Funeral Benefit is approved in terms of the Thari ya ▇▇▇▇▇▇ Funeral Policy in the event of the death of the Policyholder, subject to all the terms and conditions of the Thari ya Baruti Funeral Policy as it applies to the Policyholder as Assured Life (including without limitation, the Waiting Periods, exclusions and limitations as set out in the Thari ya Baruti Funeral Policy); and/or 2.5.1.2 a Claim for a Personal Accident Benefit to the value of R27 000 (or such higher value for a Personal Accident Benefit if amended from time to time), being the highest Base Amount under the Thari ya Baruti Dread Disease and Personal Accident Policy, is approved in terms of the Thari ya Baruti Dread Disease and Personal Accident Policy in the event of the Permanent Disability of the Policyholder, subject to all the terms and conditions of the Thari ya Baruti Dread Disease and Personal Accident Policy as it applies to the Policyholder as Assured Life (including without limitation, the Waiting Periods, exclusions and limitations as set out in the Thari ya Baruti Dread Disease and Personal Accident Policy); and/or 2.5.1.3 a Claim for a Dread Disease Benefit is approved in terms of the Thari ya Baruti Dread Disease and Personal Accident Policy in the event of the Policyholder contracting, suffering or experiencing a Dread Disease, subject to all the terms and conditions of the Thari ya Baruti Dread Disease and Personal Accident Policy as it applies to the Policyholder as Assured Life (including without limitation, the Waiting Periods, exclusions and limitations as set out in the Thari ya Baruti Dread Disease and Personal Accident Policy).