Pukwana ya Kganya Contract

43 PART II: FUNERAL POLICY 1. Introduction 1.1 The Pukwana ya Kganya Contract comprises Part I, this Part II, Part III, Part IV (in respect of Existing Members) and Part V. 13 1.2 Part II constitutes a several and distinct Funeral Policy which is offered to all Members of the Kganya Benefits Fund Trust, who are Policyholders in terms of this Pukwana ya Kganya Contract. 1.3 All capitalised terms defined in Part I, bear the same meaning in this Part II. 1.4 All terms and conditions contained in Part I, and Part IV as they apply to Existing Members, are incorporated in this Part II, which collectively constitutes the Funeral Policy between the Policyholder and the Insurer. 2. Funeral Benefit 2.1 The Funeral Benefit payable in terms of this Funeral Policy is set out in Annexe E.2 , as amended from time to time, as provided for in Part I of this Pukwana ya Kganya Contract, subject at all times to the maximum benefit amount prescribed in terms of the Applicable Laws in respect of an Assured Life. 2.2 Upon the happening of an Insured Event, the Funeral Benefit payable in terms of this Funeral Policy will be paid by the Insurer to - 2.2.1 the Policyholder, in the event of – 2.2.1.1 the death of a Dependent Child as an Assured Life; or 2.2.1.2 the happening of a Stillbirth, and/or 2.2.2 the nominated Beneficiary, in the event of the death of a Policyholder or a Paid-up Dependant. 13 Underlined amendments, insertions and strike-through amended with effect from 1 April 2023.