BENEFITS

• It is a pure savings policy and no Life Cover is provided.
• On Maturity Sum Assured plus bonuses is payable.
• On Maturity, benefit will be paid out as a lump sum or be used to determine an annuity    payable monthly over a period of either three or five years, as specified by the grantee.
• On death of child a refund of premium plus 4% interest is paid to the Proposer/Grantee.
• On death of the Grantee, three options are available:
1. Return of premiums with 4% interest (Rider 1)
2. Waiver of all future premiums (Rider 2)
3. Return of premiums with 4% interest and waiver of all future premiums (Rider 3)

CONDITIONS

• No Loan benefit is available
• Minimum and maximum age of child at entry 1 and 15 years respectively.
• Policy matures on Child's attainment of 15, 18 or 21 years
• Minimum and maximum policy term 6 and 20 years respectively
• If Rider 1 is chosen no underwriting is required on Grantee/Proposer's life.
• If Rider 2 and Rider 3 are chosen the Grantee/Proposer's life has to be underwritten.
• A Private Medical Attendants Report (PMAR) or a standard Medical Examination is a basic requirement and HIV test is compulsory for premiums exceeding K10,000.00 per month.
• No medical examination is necessary on the life of the Child but Proof of age of the child is mandatory.
• A waiting period of 1 year applies to riders 2 and 3 except in the case of accidental death.

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