Monthly Family Income (MFIB) Supplementary Benefit This Supplementary Benefit forms part of the Basic Policy to which it is attached and is valid only if referred to in the Policy Schedule It is granted in consideration of the application therefore and the payment in advance of an additional premium 1 Definitions The Company: The Basic Policy: The insurance Contract issued by the Company on the Insured's life The Insured: The person whose life is insured under the Basic Policy and who is identified as such in the Policy Schedule Accidental Death, (AD) Accidental Death means the death of the Insured as a direct result and independently and exclusively of all other causes, of bodily injuries caused solely by external, violent and accidental means of which there is evidence of visible contusion; burn or wound on the exterior of the body, or where such contusion, or wound, if internal, is revealed by medical imaging technology or by autopsy For the purpose of this Supplementary Benefit, drowning is considered to be an Accidental Death Bodily Injury: Means injury sustained by the Insured, directly and independently of all other causes, as a result of an Accident occurring while the Policy is in force Monthly Family Income Benefit: Is a monthly cash benefit payable for a limited period of time Current Age: last birthday It is the Insured s actual age on his 2 Insuring Clause If, while both the Basic Policy and this Supplementary Benefit are in force, the Insured dies as a result of an Accident the Company shall pay the Monthly Family Income set forth in the Policy Riad El-Solh Square, El-Mir Bechir Street, Asseily Bldg, 4th Floor PO Box 11-4293 Beirut, Lebanon wwwbankers-assurancecom Cap: LL 15,000,000,000 Fully paid Tax No 601-1443 CRB 27293 RCA 139/74 Gov erned by prov isions of decree No 9812, dated 4/5/1968 as amended by law No 94 of 18/6/1999 Fixed stamp duly paid, Decree No 67 1 / 5
Schedule on a monthly basis during the entire period stated in the Policy Schedule provided that: Accidental death occurs before the Insured s 70 th birthday, unless stipulated otherwise in the special provisions section of the Policy Schedule, That all premiums under the Basic Policy and the Supplementary Benefit have been paid, That death shall have occurred within one hundred and eighty days (180) as of the accident causing the death and whilst the Policy is in force, and 365 days if the bodily injury(ies) result(s) in a coma prior to death That the Beneficiary be specifically named in the Policy Schedule or sufficiently identified therein as to leave no doubt as to the identity of the Beneficiary 3 Payment Of Monthly Family Income Supplementary benefit, (MFIB) The Monthly Family Income Benefit, (MFIB) shall be paid, subject to the terms, conditions and exclusions of this Supplementary Benefit in addition to the Sum Insured payable uder the Basic Policy The MFIB Benefit shall be payable for the period stated in the Policy Schedule The amount of the monthly payment is set forth in the Policy Schedule No claim shall be accepted against this supplementary Benefit until satisfactory evidence of the accidental nature of the death of the Insured has been provided to the Company 4 Exclusions: This Supplementary Benefit shall not be allowed and no claim shall be accepted if the Accidental Death, (AD) is directly or indirectly caused by, arises out of, or results from, or in connection with any of the following: 1 Attempted suicide or self inflicted bodily injury while sane or insane This clause applies for the first two (2) Policy years or first two years from the date this Supplementary Benefit was added to the Basic Policy Riad El-Solh Square, El-Mir Bechir Street, Asseily Bldg, 4th Floor PO Box 11-4293 Beirut, Lebanon wwwbankers-assurancecom Cap: LL 15,000,000,000 Fully paid Tax No 601-1443 CRB 27293 RCA 139/74 Gov erned by prov isions of decree No 9812, dated 4/5/1968 as amended by law No 94 of 18/6/1999 Fixed stamp duly paid, Decree No 67 2 / 5
2 Deliberate exposure to exceptional danger (except in an attempt to save a human life or in self defense), committing or participating or being involved in the criminal acts described in book 2, chapters 2, 3, 6, 7, 8, 9, 10 and sections one, two and three of chapter 11 of the Lebanese penal code Amendments thereto and similar or dependent texts 3 Flying other than a fare-paying passenger on board a commercially-licensed aircraft 4 Is a consequence of failure to follow prudent medical advice 5 Ionizing radiation or contamination by radioactivity of any kind, including contamination by radioactivity from any nuclear fuel or from nuclear waste or from the combustion of nuclear fuel Combustion is taken to include any selfsustaining process of nuclear fission 6 Alcohol or drug abuse or misuse 7 Engaging in dangerous sports such as American football, polo, big Game hunting, motor-racing, horse-racing, professional boxing, mountain climbing, ski or surfing outside of delineated ski runs, underwater diving, pot holing, rafting, combat sports, acrobatic acts, stunts of any nature, bungee jumping, any sport that requires a mechanical engine, paragliding, delta planning, parachuting, any sport exercised in a professional or semi- professional status, participation in competitions, demonstrations, rallies, races, trials and bets of any nature, and other sports or activities of a similar nature 8 When driving or riding a motorcycle or ATV with an engine capacity at or below 125cc, and also when riding motorized engines with a capacity above 125cc without a valid permit and a protective helmet Unless otherwise stated in the Policy Schedule 125 125 Riad El-Solh Square, El-Mir Bechir Street, Asseily Bldg, 4th Floor PO Box 11-4293 Beirut, Lebanon wwwbankers-assurancecom Cap: LL 15,000,000,000 Fully paid Tax No 601-1443 CRB 27293 RCA 139/74 Gov erned by prov isions of decree No 9812, dated 4/5/1968 as amended by law No 94 of 18/6/1999 Fixed stamp duly paid, Decree No 67 3 / 5
or by endorsement thereto, shall also be excluded any claim directly or indirectly caused by, resulting from, arising out of or in connection with any of the following events or situations: (1) War, invasion, acts of foreign enemies, hostilities or war-like operations (whether war be declared or not), or civil war Permanent or temporary dispossession resulting from confiscation, commandeering or requisition by any lawfully-constituted authority Mutiny, civil commotion assuming the proportions of, or amounting to a popular rising, military uprising, insurrection, rebellion, revolution, military or usurped power, martial law or state of siege or any of the events or causes which determine the proclamation or maintenance of martial law or state of siege (2) Any act of terrorism 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 organization(s) or government(s), committed for political, religious, ideological, or ethnic purposes or reasons including the intent to influence any government and/or create panic and fear among the public or any section thereof 5 Fraud, misstatement or concealment In case of fraud, misrepresentation or concealment of facts made on the application form, by or on behalf of the Insured the Company shall apply section 982 of the Code of Obligations and Contracts leading to the cancellation of this Supplementary Benefit Any fraudulent claim made hereunder, shall render the Policy null and void and invalidate all claims related thereto 6 Termination This Supplementary Benefit shall terminate: a- Upon the Insured s Death without prejudice to the payment of the Monthly Family Income benefit b- At the earliest of the Supplementary Benefit Expiry Date shown in the Policy Schedule, or Riad El-Solh Square, El-Mir Bechir Street, Asseily Bldg, 4th Floor PO Box 11-4293 Beirut, Lebanon wwwbankers-assurancecom Cap: LL 15,000,000,000 Fully paid Tax No 601-1443 CRB 27293 RCA 139/74 Gov erned by prov isions of decree No 9812, dated 4/5/1968 as amended by law No 94 of 18/6/1999 Fixed stamp duly paid, Decree No 67 4 / 5
on the Insured s 70 th birthday c- On the date the Contract Owner requests in writing, the termination of this Supplementary Benefit d- On the Expiry, Termination or Maturity Dates of the Basic Policy UWLGC50/02E-IF, July 2012 Riad El-Solh Square, El-Mir Bechir Street, Asseily Bldg, 4th Floor PO Box 11-4293 Beirut, Lebanon wwwbankers-assurancecom Cap: LL 15,000,000,000 Fully paid Tax No 601-1443 CRB 27293 RCA 139/74 Gov erned by prov isions of decree No 9812, dated 4/5/1968 as amended by law No 94 of 18/6/1999 Fixed stamp duly paid, Decree No 67 5 / 5