PYK Contract including Continuous Amendments
41 16.1.2.2 whether or not the Policyholder meets the requirements for eligibility of Membership to the Kganya Benefits Fund Trust as specified in the Master Regulations; and/or 16.1.3 termination of this Pukwana ya Kganya Contract is required as a result of any change in the Applicable Laws which cannot be remedied through the amendment of this Pukwana ya Kganya Contract in accordance with the provisions of clause 14 of this Part I; and/or 16.1.4 if the Policyholder no longer qualifies as a Member of the Kganya Benefits Fund Trust; and/or 16.1.5 the Kganya Benefits Fund Trust and/or the Insurer terminates the Premium Payment Agreement and/or its relationship, for whatever reason. 17. Effect of cancellation 17.1 Cancellation of this Pukwana ya Kganya Contract shall not affect - 17.1.1 the Benefits payable where a Claim was approved by the Insurer prior to the date of cancellation of this Pukwana ya Kganya Contract; or 17.1.2 a Claim if the Insured Event occurred prior to the date of cancellation of this Pukwana ya Kganya Contract, provided that the Insurer receives notice of the occurrence of the Insured Event within 12 (twelve) Months from the date of the happening of the Insured Event. 17.2 No Benefit shall be payable where the Insured Event occurs after the cancellation of this Pukwana ya Kganya Contract. 17.3 In the event that the Premium Payment Agreement and/or the relationship between the Insurer and the Kganya Benefits Fund Trust is cancelled or terminated for any reason whatsoever, this Pukwana ya Kganya Contract will terminate and come to an end at the same time in accordance with clause 16.1.5 of this Part I, subject at all times to compliance with the Applicable Laws.
Made with FlippingBook
RkJQdWJsaXNoZXIy MTI4MTE=