Kganya Botswana Pukwana ya Kganya Payment Book

17 PREMIUMS AND CONTRIBUTIONS 3.3 Payment Refunds Once a Premium and Contribution have been paid by a Policyholder or third party on behalf of the Policyholder, such Premium and Contribution will, subject to Cooling Off rights afforded, not be refundable for any reason whatsoever including but not being limited to: • the death of the Policyholder; • the person not qualifying as a Policyholder; • the Premium and Contribution being paid after the date of death of a Policyholder or the Assured Life; • the Policyholder not being eligible or qualifying for any Benefit. 3.4 Alterations ZCC Botswana and BLIL will determine the Premium payable from time to time in terms of the Master Policy and the Commencement Date thereof. ZCC will determine the Contribution and the Commencement Date thereof. Kganya Botswana will give notice of each change to the Premium and Contribution by: • giving written notice via Church Branch Committee Members of any changes and the Commencement Date; • issuing Church Branch Committee Members with Receipts showing the total amount payable, which includes the new Premium and Contribution, which Receipts will be sold by Church Branch Committee Members from the Commencement Date; and • issuing replacement Annexures for distribution to Policyholders.