1. This 100% return of premiums is payable in 5 yearly instalments starting from the end of the 15th policy year or the policy anniversary immediately after the Life Insured's 65th birthday, whichever is later. You may choose to receive the return of premiums or accumulate them with us at the prevailing non-guaranteed interest rate. We will deduct any amounts owing to us from the return of premium before paying you or accumulating the remainder.
2. The lump sum payment includes the Sum Insured, accumulated ROP (if any), accumulated yearly cash bonuses (if any), and interest on the accumulated yearly cash bonuses and ROP (if any), less amounts owing to us (if any).
3. This plan will mature on the policy anniversary following the Life Insured's 100th birthday, and will automatically end on the maturity date.
4. The cash bonuses, which we may pay starting from the end of the 5th policy year, are not guaranteed and are dependent on the future performance of the participating fund. Amounts owing (if any) will be deducted from the cash bonus before the remainder is paid.
5. The interest rate on your accumulated cash bonuses and ROP is non-guaranteed and is subject to change according to prevailing market conditions. We have the right to change it by giving 30 days'notice.
6. In the event of death of the Life Insured, we will pay the sum of the Sum Insured, premiums paid less ROP you have chosen to receive or withdraw to-date, accumulated yearly cash bonuses (if any) and interest on the accumulated yearly cash bonuses and ROP (if any), less amounts owing to us (if any).