Kganya Botswana Pukwana ya Kganya Payment Book

16 PREMIUMS AND CONTRIBUTIONS 3. PREMIUMS AND CONTRIBUTIONS 3.1 Amount Payable In addition to the monthly Premium payable as consideration for the Benefits and Services, Policyholders are required to contribute monthly towards ZCC Expenses. Monthly Premium and Contribution amounts are indicated in the Annexure under the heading PREMIUMS AND CONTRIBUTIONS. 3.2 Payment Rules After payment of the initial Premium and Contribution, a Policyholder will thereafter pay a Premium and Contribution each ensuing Month which Premium and Contribution: • is due on the first day of each Month; • must be paid on or before the last day of such Month; • must be paid to a Church Branch Committee Member; and • must be evidenced by a Receipt. A Premium and Contribution will only be considered paid for purposes of this Policy if the Premium and Contribution was paid to a Church Branch Committee Member and is evidenced by a Receipt. The onus will be on the Policyholder to ensure that a Receipt is obtained. A Policyholder will not pay more than two Premiums and Contributions in advance. The onus will be on the Policyholder to ensure that no more than two advance payments are made. A Policyholder will never be required to and must never pay more than the amount specified on the Receipt, and the onus shall always be on the Policyholder to ensure that such amounts are paid. The Date of Payment of a Premium and Contribution will be the date it was paid to a Church Branch Committee Member. The Date of Payment shall be deemed until the contrary is shown by the Policyholder, Beneficiary or Kganya Botswana to be the Sunday preceding the date on which the Premium and Contribution was deposited into the bank account of Kganya Botswana by the Church Branch Committee Members. The duplicate Receipt and the copy of the bank deposit slip will serve as evidence to determine the Date of Payment.