TYPICAL SAVINGS A MEMBER COULD EXPECT
| NON-MEMBER | MEMBER | |
|---|---|---|
| VALUE OF CLAIM | R1000,000 | R1000,000 |
| LESS LEGAL FEES | R250 ,000 | R0 |
| LESS VAT ON FEES | R35 000 | R0 |
| LESS UNRECOVERED EXPENSES | R15 000 | R0 |
| LESS SUNDRIES | R5 000 | R0 |
| TOTAL PAY-OUT | R695 000 | R1000,000 |
Total amount savings for member: R305 000.00
Where a member receives R1000,000, a non-member would typically receive R695,000