Thari ya Baruti Pukwana ya Kganya Contract

44 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 Thari ya Baruti Pukwana ya Kganya Contract will terminate and come to an end at the same time in accordance with clause 16.1.6 of this Part I, subject at all times to compliance with the Applicable Laws. 18. Cooling-off rights 18.1 The Policyholder is entitled to cancel this Thari ya Baruti Pukwana ya Kganya Contract within a period of 31 (thirty one) days after the Inception Date, unless a Benefit has been claimed or paid, or an Insured Event has occurred (" cooling off period "). 18.2 If the Policyholder elects to cancel this Thari ya Baruti Pukwana ya Kganya Contract as contemplated in clause 18.1 of this Part I it shall be deemed that the Policyholder (in his capacity as a Member) similarly exercised his cooling-off rights in terms of his Membership to the Kganya Benefits Fund Trust, as provided for in the Master Regulations, whereby cover in terms of this Thari ya Baruti Pukwana ya Kganya Contract and Membership to the Kganya Benefits Fund Trust will come to an end at the same time. 18.3 The Policyholder must submit such cancellation instruction to the Insurer or its duly appointed administrator, Kganya Insurance Administrators, provided that notice to the Kganya Benefits Fund Trust for cancellation of his Membership, shall be deemed to also be notice to the Insurer for purposes of clause 18.1 of this Part I. 18.4 Premiums and Additional Premiums paid after the Effective Date in respect of an Existing Member shall be refunded in full to the Kganya Benefits Fund Trust pursuant to a Policyholder exercising the cooling-off rights during the cooling-off period in accordance with the terms of the Premium Payment Agreement. The Membership Contribution will similarly be refunded to the Policyholder as Member, in terms of the Master Regulations.