PYK Contract including Continuous Amendments

16 6.1.35 " Inception Date " means, notwithstanding the Effective Date, the date upon which cover for all Assured Lives in terms of this Pukwana ya Kganya Contract commences, which Inception Date is determined in the manner set out in i) clause 7.2 of this Part I for Members (as Policyholders) other than Existing Members and Basic Needs Existing Members ; 32 ii) clause 6 of Part IV in respect of Existing Members (other than Basic Needs Existing Members); and clause 3 of Part V in respect of Basic Needs Existing Members ; 33 6.1.36 " Insurance Act " means the Insurance Act, 18 of 2017; 6.1.37 " Insured Event " means - 6.1.37.1 in terms of the Funeral Policy, the death of an Assured Life in respect of the Funeral Benefit; 6.1.37.2 in terms of the Dread Disease and Personal Accident Policy - 6.1.37.2.1 the Permanent Disability of an Assured Life in respect of the Personal Accident Benefits; or 6.1.37.2.2 the contraction, experience or suffering of a Dread Disease by the Policyholder 32 Amended with effect from 1 April 2023. 33 Amended with effect from 1 April 2023.