SECTION 1 PERSONAL ACCIDENT

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1 MAID SUPREME PLUS The Overseas Assurance Corporation Limited (Reg. No W) (a wholly-owned subsidiary of Great Eastern Holdings Limited) 1 Pickering Street #13-01 Great Eastern Centre Singapore Tel: (65) Fax: (65) Website: WHEREAS the Insured by a proposal and declaration which shall be the basis of this contract and is deemed to be incorporated herein has applied to The Overseas Assurance Corporation Limited (hereinafter called the Corporation ) for the insurance hereinafter contained and has paid or agreed to pay the premium as consideration for such insurance. NOW THIS POLICY WITNESSETH that in respect of events occurring during the period of insurance and subject to the terms, exceptions and conditions contained herein or endorsed hereon (hereinafter collectively referred to as the Terms of this Policy) the Corporation will indemnify the Insured in accordance with the Terms stated in the various Sections of this Policy. DEFINITION a) Accident shall mean an event which is caused by violent, accidental, external and visible means. b) Bodily Injury shall mean any injury resulting solely and directly from an accident and does not include any medical condition, sickness or disease or any naturally occurring condition, or the result of any gradually operating cause. c) Hospital shall mean an establishment constituted and registered as a hospital for the care and treatment of sick and injured persons as bed-paying patients and which: i) has facilities for diagnosis and major surgery, provides twenty-four (24) hours a day nursing services by registered graduate nurses and is under the constant supervision of a Registered Medical Practitioner. ii) is not a community hospital, clinic, an alcoholic or drug rehabilitation centre, a nursing, rest or convalescent home, a spa or a hydroclinic or similar establishment. d) Medical Expenses shall mean expenses incurred within three hundred and sixty-five (365) days of sustaining Bodily Injury for medical and surgical treatment by a Registered Medical Practitoner, for hospitalisation or for employment of a trained nurse including expenses for ambulance hire which is actual, medically necessary and reasonable and customary for such treatment or services. Medical Expenses exclude the expenses incurred for treatment provided by a family member of the Insured Person or selftreatment by an Insured Person including the prescription of drugs and the consequences of such treatment. e) Permanent Disablement shall mean any Permanent Disablement as stated in the Permanent Disability Scale which is of a total and permanent nature. f) Personal Effects and Belongings shall mean articles or accessories hand carried or worn by the Insured Person but excluding jewellery items, mobile phone, pager, portable computer/pdas and the like, camera and video equipment. g) Policy Period shall mean the period specified in the Schedule and during which the Insured Person is in the immediate employment of the Insured and holds a valid work permit in respect of such employment that has not been cancelled whether temporarily or otherwise but excluding any period when the Insured Person returns to her home country. Where the Insured Person returns to her home country: i) Cover ceases from the time she leaves Singapore or seven (7) days after the cancellation or expiry of her work permit whichever is the earliest. ii) Cover resumes upon her return to Singapore or upon the renewal of her work permit whichever is the later. h) Pre-Existing Conditions shall mean an injury or an illness which existed (or symptoms or manifestations of which existed) prior to the effective date of cover with respect to an Insured Person based on normal medically accepted pathological development of the illness, or of which the insured Person was aware or should reasonably have been aware, irrespective of whether treatment was actually received. i) Registered Medical Practitioner shall mean any physician qualified by degree in western medicine and who is legally licensed and authorised to practise medicine and surgery in the geographical area of his practice, other than the Insured, Insured Person or a family member of either. SECTION 1 PERSONAL ACCIDENT The Corporation will subject to the Terms of this Section pay to the Insured Person, named in the Schedule or her legal personal representatives for Benefit A and B, and to the Insured for Benefit C if during this Policy Period the Insured Person shall sustain Bodily Injury caused by an Accident resulting directly and independently of any other cause within twelve (12) calendar months in death or disablement or expenses as stated below. Benefits A. Death ) As per sum B. Permanent disablement ) insured shown C. Medical expenses ) in the Schedule The payment under Benefit B for permanent disablement shall be such percentage as specified in the Permanent Disability Scale below:- PERMANENT DISABILITY SCALE 1. Total & permanent disablement from attending to or following any occupation or employment 100% 2. Total and irremediable blindness in both eyes 100% 3. Total and irremediable blindness in one eye and loss 100% of one hand or one foot 4. Loss of both hands or feet or one hand and one foot 100% 5. Loss of arm at shoulder 75% 6. Loss of leg at hip 75% 7. Loss of arm below shoulder 65% 8. Loss of leg below hip 65% 9. Loss of one hand or one foot 50% 10. Loss of hearing or speech 50% 11. Total and irremediable blindness in one eye 50% 12. Loss of thumb (both phalanx) 25% 13. Loss of hearing in one ear 15% 14. Loss of thumb (one phalanx) 10% 15. Loss of index finger (three phalanges) 10% 16. Loss of index finger (two phalanges) 8% 17. Loss of finger other than thumb or index finger 5% 18. Loss of great toe 5% 19. Loss of index toe (one phalanx) 4% 20. Loss of any other toe 1% 1

2 For any permanent partial disablement not specified above other than loss of sense of taste or smell, the percentage payable shall be assessed by the Corporation which in the opinion of the Corporation s medical advisors will not be inconsistent with any of the above disabilities without regard to the Insured Person s occupation. SPECIAL PROVISIONS TO SECTION 1 1. Loss of limb or member or part thereof shall mean loss by actual physical severance or total and permanent loss of use. 2. The total sum payable for Permanent Disablement shall not exceed the sum insured specified under Section 1 of the Schedule. 3. The total sum payable for Permanent Disablement in respect of injury to more than one portion of a limb or member or part thereof shall not exceed the sum payable in respect of such injury to the whole of that limb or member or part thereof. 4. Compensation shall only be made under either Benefit A or B and not both except for the scenario under Clause 5 referred below. 5. The compensation payable under Benefit A shall be reduced by any compensation already paid under Benefit B during this Policy Period so that the maximum liability of the Corporation under the Section during this Policy Period shall not exceed the Sum Insured under the Section. 6. The payment of either Benefit A or B shall with effect from the date of the Accident discharge the Corporation from any further claim under this Section except for expenses incurred under Benefit C arising from the same Accident. 7. In respect of Benefit C, the Corporation will subject to the aggregate limit stated in the Schedule for this Policy Period, pay the necessary expenses for medical or surgical treatment hospital charges and nursing fees incurred within twelve (12) months from the date of the Accident, provided that the first such expenses is incurred by the Insured Person within four (4) weeks of the date of the Accident causing the Bodily Injury. SPECIAL CONDITIONS TO SECTION 1 1. The Insured shall give immediate notice in writing to the Corporation of any sickness or physical defect or infirmity of the Insured Person of which the Insured has become aware and shall pay any additional premium that may be required by the Corporation. 2. This insurance shall not apply to an Insured Person who has attained the age of sixty-five (65) years. 3. Notice in writing must be given to the Corporation of any Bodily Injury that may give rise to a claim under this Section together with full particulars of both the bodily injury and the Accident that caused the bodily injury immediately, in the case of death or within twenty-one (21) days of the Accident if the Bodily Injury is non-fatal. All reports certificates and information required by the Corporation shall be furnished at the Insured s expense and shall be in such form as the Corporation shall prescribe. The Insured Person shall from time to time submit herself to medical examination at the expense of the Corporation as may be required in connection with any claim. In the case of death where any reasonable doubt exists as to the cause thereof a Registered Medical Practitioner appointed by the Corporation shall be allowed to make a postmortem examination of the body of the Insured Person at the Corporation s expense. 4. This Section is not assignable and payment of any benefit under this Section shall only be made to the Insured Person or her legal personal representatives for Benefit A and B, and to the Insured for Benefit C, whose receipt shall be deemed a valid and full discharge to the Corporation. EXCEPTIONS TO SECTION 1 No payment will be made under this Section for Bodily Injury caused directly or indirectly by, or consequent upon:- 1. Any unlawful act of the Insured Person or wilful exposure to danger (except in an attempt to save human life) or suicide or attempted suicide or intentional self injury. 2. Medical or surgical treatment except where such treatment is rendered necessary by Bodily Injury. 3. The effect or influence (temporary or otherwise) of alcohol or drugs not prescribed by a qualified medical practitioner. 4. Any illness, pre-existing physical defect or infirmity, insanity of any degree, conversion disorders, psychosomatic illnesses or nervous or mental disorders of any kind, venereal disease, pregnancy or childbirth, abortion, miscarriage or any complication thereof. 5. Winter sports, rock climbing, mountaineering (which requires the use of ropes or guides), pot-holing, skin diving, parachuting, bungee jumping, football, rugby, ice hockey, motor cycling (whether as driver or passenger), polo steeple chasing, big game hunting or racing of any kind (other than on foot). 6. Flying or aerial activity (other than flying as a passenger in a fully-licensed passengers - carrying aircraft) as a member of the crew or for the purpose of any trade or technical operation. 7. Any expenses in respect of any accident or sickness or disease arising as a result of HIV (Human Immunodeficiency Virus) and/ or any HIV related illness including AIDS (Acquired Immune Deficiency Syndrome) and/or any mutant derivative or variations thereof however cause. SECTION 2 REPATRIATION COSTS The Corporation will indemnify the Insured for repatriation costs reasonably incurred during this Policy Period by the Insured for the Insured Person as a result of the Insured Person sustaining bodily injury or sickness (whether accidental or otherwise) resulting in death or permanent disablement within twelve (12) calendar months, up to an amount specified in the Schedule for: 1. Transportation of the Insured Person to her home country in case of total permanent disablement, or 2. Burial or cremation of the Insured Person and/or the transportation of the body or ashes to the Insured Person s home country in the case of death. Provided always that: 1. The Corporation shall not be liable for more than one payment up to an amount as specified in the Schedule during this Policy Period. 2. The Corporation shall not be liable for death or permanent disablement of Insured Person resulting from intentional selfinjury or wilful exposure to danger (except in an attempt to save human life) or suicide (whether felonious or not) or any attempt thereat while sane or insane. 3. It is a condition precedent to the Corporation s liability for reimbursement of repatriation expenses that a detailed account must be submitted to and approved by the Corporation. 4. This Section shall only commence upon the successful completion of the obligatory medical examination as required by the relevant ministry for new applicants. SECTION 3 HOSPITAL AND SURGICAL EXPENSES The Corporation will subject to the Terms of this Section pay the benefits described below for the charges which are made to the Insured in connection with the hospital confinement or surgery of the Insured Person, (i) which results directly from an illness or injury of the Insured Person, and (ii) which commences while the Insured Person is insured under this coverage, and (iii) which are incurred in Singapore 2

3 Provided always that the aggregate total sum payable per year during this Policy Period under this Section shall not exceed the limit stated in the Schedule. Hospital and Surgical Expenses shall include the following: 1. Daily Room and Board The Corporation shall pay the actual charges for room and board inclusive of meals and general nursing care when the Insured Person is confined as a registered bed patient in a Hospital at the recommendation of a Registered Medical Practitioner. The benefit for room and board including ward charges incurred in respect of intensive care unit during the Insured Person s confinement shall be paid based on Class C or B2 Government or Restructured Hospital ward charges for a maximum period of ninety (90) days. 2. Hospital Miscellaneous Services If an amount is payable under the benefit described in Section 3 (1) above, the Corporation shall also pay the actual charges made by the Hospital in connection with the confinement for: (i) supplies and services customarily supplied by the Hospital to the Insured Person for her use during her hospital confinement, medicines, dressings, ordinary splints and plaster casts, X-ray examinations, electrocardiograms, basal metabolism tests, laboratory tests, intravenous infusions, blood transfusions gastroscopy, head/brain scan and ultrasound, (ii) anaesthesia and oxygen and their administration, (iii) use of operating room, and (iv) use of an ambulance subject to maximum of S$75.00 per disability. 3. Surgery The Corporation shall pay the actual charges made by the surgeon or Registered Medical Practitioner for such surgical operation performed on the Insured Person in a Hospital or a legally licensed clinic. 4. In-Hospital Attending Doctor s Visit The Corporation shall pay the actual charges made by the Registered Medical Practitioner for consultation during the hospitalisation period of the Insured Person. Subject to a maximum of only one visit per day when no surgery is performed. 5. Pre-Hospitalisation Specialist Consultation The Corporation shall pay the actual charges made by a legally licensed and duly qualified medical specialist ( specialist ) for his opinion and advice sought within 90 days prior to hospitalisation when an Insured Person who on the recommendation of a Registered Medical Practitioner consults a specialist in connection with a disability resulting from illness or bodily injury of the Insured Person. No benefit shall be payable if the specialist s consultation does not lead to hospitalisation or surgical treatment within the covered period. 6. Pre-Hospitalisation Diagnostic X-ray and Laboratory Tests The Corporation shall pay the actual charges for diagnostic X-rays and laboratory examinations or tests which are recommended by a Registered Medical Practitioner in connection with a disability resulting from illness or bodily injury of the Insured Person within 90 days prior to hospitalisation. No benefit shall be payable if the diagnostic X-ray and laboratory examinations or tests do not lead to hospitalisation or surgical treatment within the covered period. 7. Post Hospitalisation/Surgery Treatment Following discharge from Hospital or after day-surgery done in a Hospital/ legally licensed clinic expenses incurred for follow-up treatment including the necessary and reasonable charges for specialist consultation and diagnostic X-ray and laboratory tests (provided that such treatments are provided or recommended by the attending physician) will be reimbursable up to a period of 90 days immediately following discharge from Hospital / legally licensed clinic. LIMITATION Each hospital confinement must be for a minimum of six (6) consecutive hours before any benefits are payable. However no minimum period of hospital confinement is required if the confinement is due to a surgical operation or if the Hospital makes a charge for Room & Board. Should the Insured Person be admitted to a ward type higher than the ward entitlement under the section due to whatever reasons, the final claimable Hospital and Surgical Expenses shall be reduced accordingly by applying the pro-ration factor listed under the below indicated Pro Ration Factor Table. Pro Ration Factor Table Ward Type Percentage Private Hospital 40% A1 Ward in Singapore Government or Restructured Hospital 50% A2 Ward in Singapore Government or Restructured Hospital 60% B1 Ward in Singapore Government or Restructured Hospital 70% EXCEPTIONS TO SECTION 3 The Corporation will not pay for: 1. Any expenses incurred as a result of illness contracted or which declares itself during the first fourteen (14) days from the effective date of cover or from the date of arrival of the Insured Person whichever is the later other than expenses necessarily incurred as a result of an Accident unless the Insured and the Insured Person has been continually insured by the Corporation for not less than the preceding twelve (12) months. 2. Any sickness or disease occurring and/or operation performed or known by the Insured Person to be necessary prior to or at the commencement of the insurance. 3. Cosmetic or beauty treatment of any kind, services and supplies not recommended, approved and performed by a Registered Medical Practitioner or for services which are not necessary for the treatment of an illness or injury, or which are for preventive care or routine physical health check-up purposes including vaccination or inoculation. 4. Procurement or use of special braces, any appliances, any equipment or prosthetic devices, implants, hearing aids and non-medical services such as radio, television, telephone and any other items which are not medically necessary. 5. Medical expenses recoverable under any State Social Insurance Scheme or under the Work Injury Compensation Act or similar Act or Ordinance. 6. Any treatment of an optional nature which is not medically necessary. 7. Any expenses in respect of any accident or sickness or disease arising as a result of HIV (Human Immunodeficiency Virus) and/ or any HIV related illness including AIDS (Acquired Immune Deficiency Syndrome) and/or any mutant derivative or variations thereof however cause. 8. Any of the expenses incurred resulting directly or indirectly from a. Pregnancy or childbirth, miscarriage or abortion or any complication thereof. b. Dental treatment or non-surgical eye treatment of any kind unless necessitated by accidental bodily injury. 3

4 c. Any treatment in mental hospitals or homes or infant welfare centres. d. Intentional self-injury or wilful exposure to danger (except in an attempt to save human life) or suicide (whether felonious or not) or any attempt thereat while sane or insane. e. Any pre-existing physical defect or infirmity, sexually transmitted diseases, insanity of any degree, conversion disorders, psychosomatic illnesses or nervous or mental disorders of any kind, the effects or influence of alcohol or of drugs. f. An Insured Person engaging in or taking part in: i. Winter sports, rock climbing, mountaineering (which requires the use of ropes or guides), pot-holing, skin diving, parachuting, bungee jumping, football, rugby, ice hockey, motor cycling (whether as driver or passenger), polo steeple chasing, big game hunting or racing of any kind (other than on foot). ii. Flying or aerial activity (other than flying as a passenger in a fully-licensed passengers - carrying aircraft) as a member of the crew or for the purpose of any trade or technical operation. SECTION 4 WAGES COMPENSATION AND LEVY REIMBURSEMENT The Corporation will subject to the Terms of this Section, pay to the Insured the pro-rata wages and government levy imposed on foreign domestic maids for the period that the Insured Person is confined in hospital up to the limit stated in the Schedule due to illness or accident and the expenses of which are insured and payable under Section 3 of this Policy. Provided always that the Corporation shall not be liable for any payment beyond thirty (30) days of the Insured Person s hospitalisation. SECTION 5 TERMINATION EXPENSES The Corporation shall pay to the Insured expenses incurred up to the limit as shown in the Schedule in respect of termination of the Insured Person s services as a result of being certified to be medically unfit to perform such services by a Registered Medical Practitioner or surgeon. SECTION 6 RECUPERATION BENEFIT The Corporation will subject to the limit as shown in the Schedule pay the Insured Person a daily recuperation benefit during the Insured Person s stay in the Hospital provided that a valid claim is made under Section 3, subject to a minimum hospitalisation period of five (5) consecutive days. SECTION 7 DOMESTIC MAID S BELONGINGS The Corporation will subject to the limit specified on the Schedule provide indemnity for any one loss and in the aggregate any one Policy Period for loss of or damage to the Personal Effects and Belongings of the Insured Person caused by an Insured Peril whilst such personal effects are contained within the Insured s premises within the Republic of Singapore in which the Insured Person is residing. Provided that: a) the Insured and the Insured Person shall exercise all reasonable precautions for the maintenance and safety of the aforesaid Insured s premises and of the property contained therein. b) there is no indemnity under any other policy. Insured Peril shall mean a) fire, lightning, thunderbolt or subterranean fire b) explosion c) aircraft or other aerial device or any article dropped therefrom d) bursting or overflowing of a domestic water tank, apparatus or pipe (excluding damage caused therefrom) e) theft accompanied by actual forcible and violent breaking into or out of a building or any attempt thereat but excluding loss or damage occurring while the building is left unoccupied for more than 60 consecutive days f) Impact with the buildings by any road vehicle not belonging to nor under the control of the Insured or any member of his family normally residing with him. SECTION 8 DOMESTIC MAID S LIABILITY The Corporation will subject to the limit specified on the Schedule, in respect of any one claim or series of claims arising out of one event and in the aggregate, indemnify the Insured against all sums for which the Insured may be legally liable in respect of: a) accidental bodily injury, or b) accidental damage to property, occurring due to the negligence of the Insured Person while in the course of and arising out of her employment with the Insured, within the Republic of Singapore during the Policy Period. Provided that the Corporation shall not be liable in respect of any of the following: a) bodily injury to any person who is a member of the Insured s family or household b) damage to property belonging to the Insured or the Insured s family or household or the Insured Person s own property c) any liability of the Insured which attached by virtue of an agreement but which would not have attached in the absence of such agreement. SECTION 9 SPECIAL GRANT The Corporation will pay to the Insured Person s legal representative the amount as shown in the Schedule upon the death of the Insured Person during the Policy Period. SECTION 10 INSURANCE GUARANTEE The Guarantee granted under this Section is in accordance with the attached copy of Guarantee to the Controller of Immigration and is subject to the Insured s obligation to indemnify the Corporation against loss and consequently to repay any sum which the Corporation may pay in settlement of liability under the Guarantee including any expenses incurred. SECTION 11 REIMBURSEMENT OF INDEMNITY PAID TO THE INSURER 1. In consideration of the payment of an additional premium, it is hereby agreed and declared that the Corporation shall subject to the limit specified in the Schedule waive its rights to obtain indemnification from the Insured in the event the Insurance Guarantee is called by the Ministry of Manpower for breach of the applicable regulations provided such breach is not as a result of the Insured s deliberate act or omission. 4

5 EXCEPTIONS TO SECTION 11 The Corporation shall not be liable to pay for: 1. Any loss or payment of which the Insured is aware of prior to the effective date of cover. 2. Any loss, claim or payment incurred occurring within the first thirty (30) days from the effective date of cover if such cover is effected at a later date from the basic insurance coverage. This exception shall not be applicable if the effective date of cover concurs with that of the Insurance Guarantee insured under Section 10 above. 3. Any loss, claim or payment from the deliberate act or omission caused directly or indirectly by the Insured and/or the Insured s family members/tenants residing with the Insured. 4. The excess stated in the Schedule. SECTION 12 EMBASSY BOND ( Bond ) The Bond granted under this Section is in accordance with the Insurance Bond to the Philippine Overseas Labour Office in Singapore (POLO.- Singapore) and is subject to the Insured s obligation to indemnify the Corporation against loss and consequently to repay any sum which the Corporation may pay in settlement of liability under the Insurance Bond including any expenses incurred. GENERAL EXCEPTIONS The Corporation will not indemnify the Insured and/or Insured Person against:- 1. Any actions for compensation brought in the Courts of Law of any territory outside Singapore. 2. Loss damage injury by accident or disease directly or indirectly occasioned by or happening through in consequence of: a. War, invasion act of foreign enemy hostilities (where war be declared or not), civil war, mutiny rebellion, revolution, insurrection or military or usurped power. b. Any act or any person or persons acting on behalf of or in connection with any organisation with activities directed towards the overthrow by force of any dejure or defacto Government or to influencing of it by terrorism or violence. c. Riot, strike or civil commotion. 3. Any loss damage injury or liability directly or indirectly caused by or arising from or consequence of or contributed to by: a. Ionising radiations or contaminations by radioactivity from any nuclear fuel or from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuel. Solely for the purpose of this exception combustion shall include any self-sustaining process of nuclear fission. b. Nuclear weapons material. 4. Consequential loss or damage of any kind whatsoever. 5. Wilful act or wilful negligence of the Insured Person and/or Insured and/or their representatives including their family members. 6. Loss arising directly or indirectly out of, in connection with or is contributed to by any Pre-Existing Conditions, congenital deformities or diseases. TERRORISM EXCLUSION Notwithstanding any provision to the contrary within this insurance or any endorsement thereto it is agreed that this insurance excludes loss, damage, cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with any act of terrorism regardless of any other cause or event contributing concurrently or in any other sequence to the loss. For the purpose of this endorsement an act of terrorism means an act, including but not limited to the use of force or violence and/ or the threat thereof, of any person or group(s) of persons, whether acting alone or on behalf of or in connection with any organisation(s) or government(s), committed for political, religious, ideological or similar purposes including the intention to influence any government and/or to put the public, or any section of the public, in fear. This endorsement also excludes loss, damage, cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with any action taken in controlling, preventing, suppressing or in any way relating to any act of terrorism. If the Corporation alleges that by reason of this exclusion, any loss, damage, cost or expense is not covered by this insurance the burden of proving the contrary shall be upon the Insured. In the event any portion of this exclusion is found to be invalid or unenforceable, the remainder shall remain in full force and effect. SANCTION LIMITATION AND EXCLUSION CLAUSE No insurer shall be deemed to provide cover and no insurer shall be liable to pay any claim or provide any benefit hereunder to the extent that the provision of such cover, payment of such claim or provision of such benefit would expose that insurer to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union or United Kingdom or United States of America. GENERAL CONDITIONS 1. Interpretation This Policy and the Schedule shall be read together as one contract. Any word or expression to which a specific meaning has been attached in any part of this Policy or of the Schedule shall bear such meaning wherever it may appear. 2. Observance The liability of Corporation shall be conditional on the observance by the Insured of all the Terms of this Policy. 3. Alteration This Policy shall cease to be in force if there be any material alteration in risk unless the Corporation by endorsement declares the insurance to be continued. 4. Claims Notification On the happening of any accident which may give rise to a claim under this Policy, the Insured shall: a. Give immediate notice in writing to the Corporation within twenty-one (21) days stating circumstances of loss, damage, liability, death, sickness or injury. b. Deliver to the Corporation as soon as reasonably practicable a claim in writing with such detailed particulars and proofs as may be reasonably required. 5. Cancellation a. This Policy may be cancelled by the Corporation or the Insured by giving seven (7) days notice by registered letter to the respective parties at their last known address. b. In the event of termination of the employment contract in Singapore cover ceases automatically. The Letter of Discharge from the Controller of Immigration shall be deemed to cancel this Policy from the date of Letter of Discharge. c. There will only be a refund of premiums for Plan A, B or C only, subject to Clause 5d below. d. The refund of premium will be computed using the Refund Table below upon cancellation of this Policy. No refund will be payable once a claim has been made towards this Policy. 5

6 Refund Table Cancellation Period Amount Refunded Within 90 days 50% of Premium 91 days to 120 days 40% of Premium 121 days to 180 days 30% of Premium 181 days and above No refund 6. Arbitration All differences arising out of this Policy shall be referred to the arbitration of some person to be appointed by both parties or if they cannot agree upon a single arbitrator to the decision of two arbitrators one to be appointed in writing by each party and in case of disagreement between the arbitrators to the decision of an umpire who shall have been appointed in writing by the arbitrators before entering on the reference and an award shall be a condition precedent to any liability of the Corporation or any right of action against the Corporation. 7. Policy Assignment This Policy is not assignable and the Corporation shall not be affected by notice of any trust, charge, lien, assignment or other dealing with this Policy. 8. Discharge The receipt of the benefits under this Policy by the Insured or of his legal personal representatives shall in all cases be an effectual discharge to the Corporation. 9. Reasonable Precaution 13. Limitation The Corporation shall not be liable to pay any benefit after the expiration of twelve (12) months from the happening of the event giving rise to a claim unless the claim in respect of the event is the subject of pending arbitration. 14. Exclusion of the Contracts (Rights of Third Parties) Act Cap 53B A person who is not a party to this Policy shall have no right under the Contracts (Rights of Third Parties) Act Cap. 53B to enforce any of its terms. 15. Payment Before Cover Warranty a. Notwithstanding anything herein contained but subject to Clauses 16b hereof, it is hereby agreed and declared that the total premium due must be paid and actually received in full by the Corporation (or the intermediary through whom this Policy or Bond was effected) on or before the inception date ( the inception date ) of the coverage under this Policy, Bond, Renewal Certificate, Cover Note or Endorsement. b. In the event that the total premium due is not paid and actually received in full by the Corporation (or the intermediary through whom this Policy or Bond was effected) on or before the inception date referred to above, then this Policy, Bond, Renewal Certificate, Cover Note and Endorsement shall not attach and no benefits whatsoever shall be payable by the Corporation. Any payment received thereafter shall be of no effect whatsoever as cover never attached on this Policy, Bond, Renewal Certificate, Cover Note and Endorsement. The Insured shall take all reasonable precautions to safeguard the Insured Person against accidents and diseases. 10. Fraudulent Claims If the Insured and/or the Insured Person or anyone acting on their behalf made any claim under this Policy knowing the claim to be fraudulent, this Policy shall become void and all benefits shall be forfeited. 11. Other Insurances If at the time of any loss damage or liability hereby insured there be any other subsisting insurance or insurances whether effected by the Insured or by any other person or persons covering such loss damage or liability the Corporation shall not be liable to pay or contribute more than its rateable proportion of such loss, damage or liability except for claims submitted under Section 1 - Benefit A or B or Section Subrogation In the event of a claim the Corporation shall be entitled to undertake in the name and on behalf of the Insured the absolute conduct, control and settlement of any proceedings and to take proceedings at its own expense and for its own benefit but in the name of the Insured to recover compensation or secure indemnity from any third party in respect of anything covered by this Policy. Policy Owners Protection Scheme This policy is protected under the Policy Owners Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the General Insurance Association (GIA) or SDIC web-sites ( or AMR/PW1.1/FEB Pickering Street, #13-01 Great Eastern Centre, Singapore Tel (65) Fax (65) greateasternlife.com