Summary of Amendments Pukwana ya Kganya April 2023
12 9 Cessation of cover for Basic Needs Benefits in terms of the Basic Needs Benefits Policy 9.1 Insurance cover ceases for Basic Needs Benefits in terms of the Basic Needs Benefits if - 9.1.1 this Pukwana ya Kganya Contract is cancelled; or 9.1.2 the Policyholder ceases to be a Member of the Kganya Benefits Fund Trust in accordance with the terms of the Master Regulations, read with the Basic Benefits Regulations; or 9.1.3 upon the death of the Policyholder; or 9.1.4 the Kganya Benefits Fund Trust fails to pay the Premiums in respect of the Policyholder as Assured Life as a result of the Policyholder’s failure, as a Member, to pay his/ her Membership Contribution, subject at all times to the Forgiveness Rules.
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