<p><strong>IT IS HEREBY DECLARED AND AGREED</strong> that this Policy shall be subject to Insurance</p>

<p>Commission Circular Letter No. 19-95 dated 24 July 1995 which provides as follows:-</p>

<ol>
	<li>This Policy shall terminate in the event of accidental death as provided therein upon its expiry.</li>
	<li>In&nbsp; any&nbsp; policy&nbsp; year&nbsp; aggregate benefits payable under this Policy in respect of any&nbsp; one&nbsp; accident&nbsp; resulting in loss(es) within 180 days from date of accidents shall not exceed&nbsp; the&nbsp; principal&nbsp; sum&nbsp; (e.g.&nbsp; Loss of life, loss of both hands and feet, loss of sight of both eyes and either hand or foot, etc.)</li>
	<li>In any&nbsp; policy year, the aggregate benefits payable under the Dismemberment/ Disability Benefits&nbsp; of the policy in&nbsp; respect of one&nbsp; or more accident(s) resulting&nbsp; in loss(es)&nbsp; within 180 days from date of accident(s) shall not exceed the principal sum (i.e. for subsequent accident resulting in any loss(es) which would make the aggregate benefits exceed the principal sum, the amount(s) payable under the Dismemberment/Disability benefit shall be the principal sum less the amount(s) paid for previous loss(es).&nbsp; However, the payment of the principal sum for such loss(es) shall not terminate the policy in so far as accidental death benefit is concerned.</li>
	<li>In any policy year the amount of benefit payable for loss of life arising from independent/unrelated accident shall always be the principal sum.</li>
	<li>Any partial payment already paid for loss(es) shall not be carried over in the subsequent policy&nbsp;&nbsp; year.&nbsp;&nbsp;&nbsp; (i.e. The&nbsp; amount&nbsp; of&nbsp; benefits&nbsp; to&nbsp; be&nbsp;&nbsp; paid&nbsp; in the succeeding&nbsp; policy year&nbsp; shall&nbsp;&nbsp; not&nbsp; be&nbsp;&nbsp; deducted&nbsp; by&nbsp; any&nbsp; amount&nbsp; paid in the preceding&nbsp; policy year.)</li>
</ol>
