Unfair lapse funeral policy

I missed 2 payments on my funeral policy that I have for my parents with Capitec Bank. I made an EFT Payment on the last day of February 2021 to ensure that the policy doesn't lapse. I however receive a smson the 1st March 2021saying the policy lapse due to non payment. I believe this is unfair because payment was made on the last day, I would've understood if payment was made on the 1st of March 2021. Now I am without funeral cover for my parents that is very old and Capitec want to reinstate the policy with another 6 mo ths waiting period, what if my parents doesn't make it another 6 months?