Policy Wording. If We have admitted a Claim for Accidental Death or Permanent Total Disablement in accordance with Cover 3.1 or 3.2 of Section 3, then We will pay the amount as specified against this Benefit in Policy Schedule, in respect of Insured Person’s Dependent Child under the Age of 25 and unmarried as on the date of Accident towards the Dependent child’s education, irrespective of whether the child (children) is an Insured Person under this Policy. Provided that, - The dependent child is pursuing an educational course as a full time student at an educational institution and not have any independent source of income. - Irrespective of the number of Children, maximum amount payable is the Sum Insured as mentioned in the Policy Schedule. - Any Claim towards this cover that becomes admissible where the Dependent child (children) is a minor, shall be payable to the legal guardian. This benefit is applicable on an individual basis irrespective of type of policy (Individual/ Floater).
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Sources: Insurance Policy, Insurance Policy