PYK Contract including Continuous Amendments
71 Dread Disease and Personal Accident Policy (with reference to his/her payment of Membership Contributions as contained in the Payment Receipt Booklet) for purposes of this Basic Needs Benefit Policy; 3.1.2.3 any Membership Books (including all records relating to the payment history of Membership Contributions evidenced by Receipts) issued by the Kganya Benefits Fund Trust to a Basic Needs Existing Member before the Basic Needs Benefit Policy Effective Date, shall remain in force, subject to any amended terms and conditions as contained in any endorsements issued by the Kganya Benefits Fund Trust; and 3.1.2.4 all MPP Forms and AMPP Forms completed before the Basic Needs Benefit Policy Effective Date shall be accepted by the Insurer for purposes of the cover in terms of the Basic Needs Benefit Policy. 3.2 New Members For i) all Members who become Policyholders in terms of the Basic Needs Benefit Policy after the Basic Needs Benefit Policy Effective Date; and ii) the Dependent Children of such new Members , 83 the Inception Date will be determined as set out in claus e 7.2 of Part I. 4. Waiting Periods 4.1 No Waiting Period is applied by the Insurer in respect of the Basic Needs Benefit in terms of this Basic Needs Benefit Policy. 4.2 However, for the avoidance of doubt it is recorded that a claim for Basic Needs Benefit will only be approved in the event that i) a claim for a Funeral Benefit is approved in terms of the Funeral Policy; and/or ii) a claim for a Personal Accident Benefit to the value of 84 t he highest Claim value under the Dread Disease and Personal Accident Policy, is approved in terms of the Dread Disease and Personal Accident Policy; and/or iii) a claim for a Dread Disease Benefit is approved in terms of the Dread Disease and Personal Accident Policy. 83 Amended with effect from 1 April 2024. 84 Amended with effect from 1 April 2024.
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