PYK Contract including Continuous Amendments

29 7.2.2 paid the initial Membership Contribution to the Kganya Benefits Fund Trust, on which date the Member accepts the offer for insurance cover and Benefits in terms of this Pukwana ya Kganya Contract, being " the Inception Date ". The Insurer waives the requirement to receive notification of acceptance of the offer. 7.3 In the event that a Dependent Child is born after the Inception Date, the cover in respect of such Dependent Child (if applicable ) 49 shall commence on the date of birth, subject to compliance with the provisions of clause 12.3 of this Part I. 7.4 Payment of Benefits shall at all times be suspended until the Insurer receives the first Premium payable by the Kganya Benefits Fund Trust in respect of a Policyholder, subject to the terms of the Premium Payment Agreement. 7.5 The Policyholder shall at all times update his/her personal particulars if any change occurs in respect of the information provided in the MPP Form, by completing an AMPP Form. 7.6 Cover in terms of the Policies shall cease as set out in Part II, Part III and Part V 50 below. 8. Benefits 8.1 The Benefits payable in terms of this Pukwana ya Kganya Contract are set out in – 8.1.1 Part II in respect of the Funeral Policy; 8.1.2 Part III in respect of the Dread Disease and Personal Accident Policy; and 8.1.3 Part V in respect of the Basic Needs Benefit Policy , 51 and shall be paid as set out in Part II, Part III and Part V, respectively. 8.2 In order to qualify for payment of the Benefits, the Premiums must be paid in respect of the Policies as set out in – 49 Amended with effect from 1 April 2023. 50 Amended with effect from 1 April 2023. 51 Amended with effect from 1 April 2023.

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