PYK Contract including Continuous Amendments
15 Documents as specified in the Funeral Policy, in the form and manner as prescribed by the Insurer; 6.1.32 " Forgiveness Rules " means the leniency rules to be applied by the Insurer as specified in Annexe E.5 , where Benefits may remain payable even if the Premium(s) in terms of the Policies is/are not paid on the Due Date, due to failure by the Policyholder in his/her capacity as a Member of the Kganya Benefits Fund Trust, to pay his/her Membership Contribution(s) to the Kganya Benefits Fund Trust, which in turn results in the Kganya Benefits Fund Trust not paying the Premium(s) to the Insurer, as set out in the Master Regulations, read with clause 3.2 and clause 3.3 of this Part I; 6.1.33 " Funeral Benefit " means the funeral benefit payable in terms of the Funeral Policy upon the death of an Assured Life, as set out in Annexe E.2 ; 6.1.34 " Funeral Policy " means the insurance policy concluded between a Member as Policyholder, and the Insurer, in respect of the Funeral Benefit as set out in the Funeral Policy. The Funeral Policy forms part of this Pukwana ya Kganya Contract, and is concluded pursuant to a Member's Membership to the Trust, as provided for in the Master Regulations and the Basic Benefits Regulations;
Made with FlippingBook
RkJQdWJsaXNoZXIy MTI4MTE=