1. On the effective corresponding days when the insured survives to 15, 16 and 17, China Life Insurance Company will pay 10% of the basic insurance amount for senior high school education every year.

2. China Life Insurance Company will pay 30% of the basic insurance amount for university education every year on the effective corresponding days when the insured survives to 18, 19, 20 and 2 1. After the insured pays the education insurance premium on the effective date of 2 1, this contract is terminated.

Extended data:

Age calculation and error handling: the insured age of the insured and the insured is calculated according to the age of one year. When applying for this insurance, the applicant should fill in the real age of himself and the insured on the application form. If there is any mistake, the company shall handle it according to the following provisions:

1. If the declared age of the applicant is not true, and his true age has not reached the age limit agreed in this contract, the Company may terminate this contract and refund the insurance premium to the applicant after deducting the handling fee, except for those who have been in effect for more than two years since this contract.

2. If the age of the insured declared by the applicant is untrue, resulting in the insurance premium actually paid by the applicant being less than the insurance premium payable, the Company has the right to correct and require the applicant to pay back the insurance premium and interest, or pay the insurance premium in proportion to the insurance premium actually paid and payable.

3. If the age of the insured declared by the applicant is not true, resulting in the insurance premium actually paid by the applicant being more than the insurance premium payable, the Company will refund the overcharged insurance premium to the applicant without interest.

References:

Baidu Encyclopedia-Children's Education Insurance (1)