1. Passive War Risk Mandatory selection with the face amount cover War means: war or war like operations, invasion, act of foreign enemy, hostilities, mutiny, riot, civil commotion, civil war, rebellion, insurrection, conspiracy, military, usurped power, martial law or state of siege Max. War Risk benefit paid out is 1Mn War Risk premium = 0.4% per 1000 of face amount Iraq, Afghanistan, Columbia – Excluded from coverage

2. Waiver of Premium For STR, passport copy with visa page of spouse is required Maximum STR cover is 100k In the event of insured’s death – claim amt + spouse can buy another policy upto the level of STR amt (Med is reqd.) Maximum STR that can be applied is $200k or upto 50% of husband’s insurance cover whichever is lower

3. Spouse Term Rider For STR, passport copy with visa page of spouse is required Maximum STR cover is 100k or upto 50% of husband’s insurance cover whichever is lower In the event of insured’s death – claim amt + spouse can buy another policy upto the level of STR amt (Med is reqd.) STR will continue if main insured is disabled and WP starts paying for the policy CI for Spouse if selected will be issued as Stand alone

4. Critical Care 32 Dread Diseases Stand Alone (cannot be canceled for 1 st five years) Level Premium (At Entry Age) Renewable up to age 75 (guaranteed renewability) Telemedicine / E-Consultation (Second Medical Opinion) Payment upon Diagnosis Waiting Period 120 days Max CI cover = 5 times annual income Max of CI, RBP from ALICO = 5 times annual income Real CI cover which separates the Life Insurance needs – non accelerated

5. Check list of documents required to join the ‘Whole Life’ plan Application with full details furnished by the client. Signature and name of the sales agent (Witness) and the client to be furnished. Illustrations print out signed by the client. Illustrations print out signed by the client. Provide valid passport copy with valid visa page of the client Provide valid passport copy with valid visa page of the client In case of face amount request of above $250,000 or age of client above 55, client needs to go through medical check up. In case of face amount request of above $250,000 or age of client above 55, client needs to go through medical check up. In case of face amount request of above $500,000, client needs to furnish and sign the confidential financial report (UND52). In case of face amount request of above $500,000, client needs to furnish and sign the confidential financial report (UND52). In case of face amount request of above $750,000 both the client and the sales agent needs to furnish and sign the financial report (UND52 and UND54) In case of face amount request of above $750,000 both the client and the sales agent needs to furnish and sign the financial report (UND52 and UND54)

6. Underwriting Guidelines Housewife can buy ‘WL’ with max cover upto 200K or upto 50% of husband’s insurance cover whichever is lower Housewife can buy ‘WL’ with max cover upto 200K or upto 50% of husband’s insurance cover whichever is lower All children should have equal insured coverage; no partiality All children should have equal insured coverage; no partiality Maximum life cover = 10 times annual income Maximum life cover = 10 times annual income 8 th and 9 th month of pregnancy – cannot buy insurance 8 th and 9 th month of pregnancy – cannot buy insurance 1 st to 7 months of pregnancy – cannot buy any living benefit (CI) 1 st to 7 months of pregnancy – cannot buy any living benefit (CI) one month after delivery – can buy insurance one month after delivery – can buy insurance 20 cigarettes per day and above is medical and mostly sub std. 20 cigarettes per day and above is medical and mostly sub std.

7. Amount insuredAge at the time of proposal Up to 5556 and Above Up to $ 250,000 MQ (Application Form)MQ, MED + MICRO $250,001 to $500,000 MQ, MED, MICRO, Blood Test 1MQ, MED, MICRO, ECG, Blood Test 1 $500,001 to $750,000 - MQ, MED, MICRO, ECG, Blood Test 1, Financial Report by Applicant MQ, MED, MICRO, STRESS ECG, Blood Test 1, Financial Report by Applicant $750,001 to $1,000,000 - MQ, MED, MICR, ECG, Blood Test 1, Financial Report by Applicant, Financial Report by Bank Representative MQ, MED, MICRO, Stress ECG, Blood Test 1, CXR, Financial Report by Applicant, Financial Report by Bank Representative $1,000,001 to $2,000,000 - MQ, MED, MICRO, Stress ECG, CXR, Blood Test 2, Financial Report by Applicant, Financial Report by Bank Representative MQ, MED, MICRO, Stress ECG, CXR, Blood Test 2, Financial Report by Applicant, Financial Report by Bank Representative Above 2,000,000 USD Refer to ALICO Basic Medical UND

8. : Sum AssuredAge at time of application up to 4546-59 Up to 50 000 USDMQ 50,001 to 180,000 USDMQMED + MICRO 180,001 to 250,000 USDMED + MICRO + BLOOD MED + MICRO + BLOOD + ECG CI Medical UND

9. Definition: Owner/Holder and Insured The person who is buying Insurance is made is ‘Proposed Insured’ The person who pays premium is ‘Owner/Applicant’ If Insured dies – WL is closed and A/C value paid to Insured’s beneficiary If Owner dies – WL can be continued by another person (Insurable interest) paying the premiums; or NCSV is paid to Owner’s beneficiary

10. Check list – Application Full name as in passport (should match with Illustration) Passport No, Sex, DOB as in passport, Age last Birthday (as in Illustration) Nationality (as in passport), any other nationality, place of birth, Marital Status Average Annual Income – last 12 months, Other sources of income Residence Address with Flat No, Street No, Area, Emirate, Country, Tel Occupational Status – all the fields, with Office address; PO Box Applicant/owner name – owner/holder and Insured is different, Rel. to insured Send correspondence to – Amt of insurance in words, in USD, Plan Duration, Mode of payment, Modal planned premium (TP + excess) Riders – WP, CC – mention amt Multiple Beneficiaries allowed Fund allocation to be in multiples of 10% ( in line with strategy in illustration)

11. All details of ‘OTHER INSURED’ to be filled if STR is required Riders for ‘OTHER INSURED’ is not available as of now Tick the selected riders as in Illustration, mention amt of coverage, years Beneficiaries for ‘OTHER INSURED’ to be mentioned Existing insurance for all ‘OTHER INSURED’ and ‘OWNER’ Answer YES/NO for all the Questions in Part A and B In case any of the Questions are YES, then fill the table below –Write Question for which answer is YES, Name of the person for whom the answer is YES (Owner or Insured) Check the Med. Chart and attach – Med. Exam Sheet –Original to be send to be given to client to submit to ALICO doctor –Second copy to be sent to ALICO –Third copy to be retained in the bank Check list – Application