Death of Child Before Risk Commencement Date: All the premiums paid up to the date of death will be paid to the proposer (Excluding Any Rider Premium). The policy terminates after the payment of death benefit. Death of Child After Risk Commencement Date: The higher of 25% of the Sum Assured or Premiums paid up to the date of death (Excluding Rider Premium) if any plus accrued guaranteed additions will be paid to the proposer. The policy terminates after the payment of death benefit. Death of Proposer During the Policy Term: During the policy term if the proposer dies and child (life assured) is alive then the following benefits shall be payable.

• All the future premium of child will be waived.
• 1.5% of Sum Assured will be paid from the immediate anniversary starting from the following month of death of proposer till the end of the policy term or death of child whichever is earlier.

Death of child (life assured) after death of proposer during the policy term: During the policy term if the child (life assured) dies after the proposer death then benefits illustrated under (i) or (ii) depending on Risk Commencement Date will be payable to the nominee. Both child (life assured) and proposer dies simultaneously:

• 100% of Sum Assured.

Benefits on child as stated under (i) or (ii) depending of Risk Commencement Date.