Pukwana ya Kganya Contract
26 shall be reckoned exclusively of the 1st (first) day and inclusively of the last day of the relevant interval, unless the last day falls on a day which is not a Business Day, in which case the last day shall be the next succeeding Business Day. 6.7 This Pukwana ya Kganya Contract shall be governed, interpreted and enforced in accordance with the laws of the Republic of South Africa from time to time. 6.8 If amounts or figures are specified in numerals and in words and if there is any discrepancy between the numerals and the words, then the words shall apply. 7. Insurance cover 7.1 Insurance cover is available to the Assured Lives as set out in the Funeral Policy, the Dread Disease and Personal Accident Policy and the Basic Needs Benefit Policy. 4 7.2 Subject to the provisions of i) clause 6 of Part IV insofar as it relates to insurance cover for Existing Members; and ii) clause 3.1 of Part V insofar as it relates to insurance cover for Basic Needs Existing Members, 5 insurance cover in respect of the Assured Lives commences on the later of the date on which the Policyholder, acting as a prospective Member - 7.2.1 completed the MPP Form and purchased a Membership Book; or 7.2.2 paid the initial Membership Contribution to the Kganya Benefits Fund Trust, on which date the Member accepts the offer for insurance cover and Benefits in terms of this Pukwana ya Kganya Contract, being " the Inception Date ". The Insurer waives the requirement to receive notification of acceptance of the offer. 7.3 In the event that a Dependent Child is born after the Inception Date, the cover in respect of such Dependent Child (if applicable) 6 shall commence on the date of birth, subject to compliance with the provisions of clause 12.3 of this Part I. 4 Underlined amendments, insertions and strike-through amended with effect from 1 April 2023. 5 Underlined amendments, insertions and strike-through amended with effect from 1 April 2023. 6 Underlined amendments, insertions and strike-through amended with effect from 1 April 2023.
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