CHILDREN PLANS

Minimum Age at Entry : 90 days (LBD)

Maximum Age at Entry : 12 yrs. (Completed)

Policy Term : 25 yrs. minus Age at Entry

Maturity Age : 25 yrs. (LBD)

Premium Paying Term (PPT) : 20 years Minus Age at Entry

Minimum Sum Assured : Rs. 75,000 (Upto Rs. 1 Lakh in Multiples of Rs. 5,000, there after in Multiples of Rs. 10,000)

Maximum Sum Assured : No Limit

Premium Paying Mode : Yearly / Half-yearly / Quarterly / Monthly (SSS or NACH)

MATURITY BENEFIT: a) On Death before commencement of Risk :

In case of death of the Life Assured, return of premium/s paid excluding taxes,

extra premium and rider premium, if any, without interest shall be payable. Settlement Option b) On Death after commencement of Risk :

for Maturity Benefit In case of death during the policy term provided all due premiums have been paid Death Benefit, defined as sum of "Sum Assured on Death" and vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where "Sum Assured on Death" is defined as Higher of 7 times of annualized

premium or Absolute amount Assured to be paid on Death i.e. 105% Sum Assured. SURVIVAL BENEFITS: A fixed percentage of Sum Assured shall be payable on each policy anniversary coinciding with or immediately following the completion of 20 years of age and thereafter on each of next four policy anniversaries. These fixed percentages shall depend on the Option chosen at the proposal stage. MATURITY BENEFIT : At the Age of 25 years : In case of Life Assured surviving the stipulated date of maturity, a fixed percentage of Sum Assured shall be payable on maturity for inforce maturing policies. The fixed percentage under different Options is as below: Option-1 Sum Assured 100%