NEWSLETTER:

- The current season , which terminates on 31 March 2012, has seen one of the lowest recorded fire claims season in years. As a Co-Operative therefore, the savings made by lower claims will translate to a direct reduction in premiums. Should the good season continue A category members will pay approximately 0.65c/ton of cane for the 2011/12 season. This is significantly lower than the previous seasons premium of R1.04/ton cane.

- We congratulate members for ensuring such a good claims year, and look forward to completing the season at current claim levels. This once again highlights the benefits of belonging to a Co-Operative where savings translate directly to reduced premiums.

- More good news is, that the rule that insured members dropped from the A premium to the B premium for a period of four years after having a claim, has been amended to a two year period. This will serve to assist A members who have been loyal and seldom claim.

Thank you for your continued support of Grocane.

R.V. PRICE FOR 2012

(January 2012)

R2993.58
   
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