Pukwana ya Kganya Contract

39 16.1.5 the Kganya Benefits Fund Trust and/or the Insurer terminates the Premium Payment Agreement and/or its relationship, for whatever reason. 17. Effect of cancellation 17.1 Cancellation of this Pukwana ya Kganya Contract shall not affect - 17.1.1 the Benefits payable where a Claim was approved by the Insurer prior to the date of cancellation of this Pukwana ya Kganya Contract; or 17.1.2 a Claim if the Insured Event occurred prior to the date of cancellation of this Pukwana ya Kganya Contract, provided that the Insurer receives notice of the occurrence of the Insured Event within 12 (twelve) Months from the date of the happening of the Insured Event. 17.2 No Benefit shall be payable where the Insured Event occurs after the cancellation of this Pukwana ya Kganya Contract. 17.3 In the event that the Premium Payment Agreement and/or the relationship between the Insurer and the Kganya Benefits Fund Trust is cancelled or terminated for any reason whatsoever, this Pukwana ya Kganya Contract will terminate and come to an end at the same time in accordance with clause 16.1.5 of this Part I, subject at all times to compliance with the Applicable Laws. 18. Cooling-off rights 18.1 The Policyholder is entitled to cancel this Pukwana ya Kganya Contract within a period of 31 (thirty one) days after the Inception Date, unless a Benefit has been claimed or paid, or an Insured Event has occurred (" cooling off period "). 18.2 If the Policyholder elects to cancel this Pukwana ya Kganya Contract as contemplated in clause 18.1 of this Part I it shall be deemed that the Policyholder (in his/her capacity as a Member) similarly exercised his/her cooling-off rights in terms of his/her Membership to the Kganya Benefits Fund Trust, as provided for in the Master Regulations, whereby cover in terms of this Pukwana ya Kganya Contract and Membership to the Kganya Benefits Fund Trust will come to an end at the same time.