BENEFIT AMOUNT WITH ANNUAL BENEFIT INCREASE |
BENEFIT AMOUNT WITHOUT ANNUAL BENEFIT INCREASE |
||||
2010 |
R2 000 000 |
2010 |
R2 000 000 |
||
2011 |
R2 158 000 |
2011 |
R2 000 000 |
||
2012 |
R2 328 482 |
2012 |
R2 000 000 |
||
2013 |
R2 528 731 |
2013 |
R2 000 000 |
||
2014 |
R2 746 202 |
2014 |
R2 000 000 |
||
2015
2016
|
R2 982 376
R3 232 895
|
Kholwa ' s policy started on 1 January 2010 with the sum assured at R2 000 000 . |
2015
2016
|
R2 000 000
R2 000 000
|
Jeremy ' s policy started at the same time , with the same sum assured . |
2017
2018
2019
|
R3 504 459
R3 767 293
R4 049 840
|
She had a benefit increase on her policy every year , meaning that the effects of inflation were mitigated . |
2017
2018
2019
|
R2 000 000
R2 000 000
R2 000 000
|
However , his policy had no annual benefit increases , meaning that the value of his cover stayed the same over the years . |
2020 |
R 4 333 329 |
2020 |
R2 000 000 |