PYK Contract including Continuous Amendments
6 Policyholder Protection Rules promulgated in terms of section 62 of the Long-term Insurance Act; the FAIS Act; and any other laws applicable to the regulation of financial services in South Africa; 6.1.5 " Assured Life/Lives " means - 6.1.5.1 for purposes of the Funeral Policy, (i) the Policyholder, (ii) all children of the Policyholder who qualify as Dependent Children, and Paid-up Dependants, who are indicated in the Payment Receipt Booklet; and (iii) Stillbirths in respect of the Policyholder; 6.1.5.2 for purposes of the Dread Disease and Personal Accident Policy - 6.1.5.2.1 in respect of the Dread Disease Benefits, the Policyholder; and 6.1.5.2.2 in respect of the Personal Accident Benefits, the Policyholder and all Dependent Children who are indicated in the Payment Receipt Booklet, 6.1.5.3 for purposes of the Basic Needs Benefit Policy, the Policyholde r 14 and all Dependent Children who 14 Amended with effect from 1 April 2023.
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