If the policyholder dies (Allah forbid) before completion of the term, a family income benefit of AED/$ 240 per 1000 sum insured per annum is paid to the child until the completion of policy term. Further, future premiums under the policy are waived and policy remains in force with full sum insured and continues to participate in State Life’s surplus and receive bonuses. Upon the completion of policy term, the child gets two options of either getting the proceeds in a lump sum or in five equal installments. Click here for the details of supplementary covers, which are available with this plan.

• Continue the policy in the same manner as earlier by switching the plan for the benefit of another child.
• Get a refund of all the previous premiums paid till the death of the child or the cash value of the policy, whichever is higher and terminate the contract.
• Continue the policy without naming another child in which case the benefit of Refund of Premium [as provided above under condition will not be available.