1) Premiums cease at death or on expiry of term whichever is earlier.

2) This plan can be availed for terms 15, 20, 25 and 30 years.

3) No Bonus is payable for first two policy years or until child attains age 7 (last birthday), which ever is later. Thereafter a bonus as declared by the company will be credited as reversionary bonus on the policy anniversary. Company may also declare terminal bonus.

4) Reversionary Bonus: The bonus would be a % of basic face amount plus accrued reversionary bonus, if any.

5) Terminal Bonus: is payable after 10th policy anniversary, would be % of accrued reversionary bonus under the policy.

6) Both Reversionary and Terminal Bonus are not guaranteed.

7) If premiums have been paid for at least 3 years then the Policy acquires a Cash Surrender Value, which shall be determined by the company from time to time. This cash surrender value will not be below the Guaranteed Cash Surrender value which is calculated as 30% of the total premiums paid up to the date of surrender excluding the first year premium and any extra premium.

8) Loan can be availed under the policy provided the policy is kept in force for 3 years (90% of the cash surrender value can be taken as loan on approval).

9) The policyholder has the option of converting the policy into a paid-up policy whereby the policy can be kept in force by reducing the face amount in accordance with the premiums paid.

10) No Riders are available with this policy.