In case of death before the anniversary of 18-year-old policy, Ping An Insurance will pay the death insurance premium according to the greater value of the basic insurance amount at the time of death and the value of the policy account, and the contract will be terminated.
In case of death after the anniversary date of 18 policy (including 18 policy anniversary date), Ping An Insurance shall pay death insurance according to the greater of 105% of the basic insurance amount at the time of death and the value of the policy account, and the contract will be terminated.
(2) If the age at the time of insurance is 18 years old or above, the death insurance benefits will be paid as follows:
If he dies within the 1 policy year, Ping An Insurance will pay the death insurance premium according to the greater of 120% of the basic insurance amount at the time of death and the value of the policy account, and the contract will be terminated.
If he dies in the second and subsequent policy year, Ping An Insurance will pay the death insurance premium at the greater of 105% of the basic insurance amount at the time of death and the value of the policy account, and the contract will be terminated.
The death insurance premium paid has included the value of the policy account at the time of death.