1. You choose the Savings Date that suits your financial goals for your child. 2. Your Policy Term will be the Savings Date + 20 years. 3. You choose the Basic Premium you want to pay every year. 4. You will receive Basic Sum Assured which is the minimum death benefit payable on the demise of the primary life insured. The Basic Sum Assured is automatically determined as your Basic Premium multiplied by: • The higher of 10 or the number of years to maturity divided by 2, for entry ages below 45; or • The higher of 7 or the number of years to maturity divided by 4, for entry ages 45 and above 5. You have an option to choose an Enhanced Sum Assured and increase the financial security for your child's future. With this option you can choose any amount of additional life cover over and above the Basic Sum Assured at a nominal cost. 6. You have an option to choose from our range of riders and customise your family's future financial security.