This table is somewhat similar to the Ordinary Endowment (Table VI), the main difference being that, in return for a slightly increased premium, if the parent or guardian (the purchaser) should die before the end of the period no further premiums whatever are payable, but the full sum assured, with profits, is secured to the child (the nominee) at the date originally fixed upon. There can thus be no danger of the endowment lapsing owing to inability to pay premiums after the death of the parent or guardian.

In the event of the death of the child during the period, the premiums paid (less 10 per cent.) will be returned.

Medical examination of the purchaser but not of the nominee is required.

Half-yearly premiums are one-half of the above yearly premiums increased by 2½ per cent. Quarterly premiums are one-quarter of the above yearly premiums increased by 5 per cent.

Example.

When the purchaser is under 30, £40 4s. 2d. per annum will secure an endowment of £1,000 with profits, payable in 20 years, when a child now aged 1 year (the nominee) shall have attained the age of 21. In the event of the death of purchaser after paying one or more premiums no further payments will be necessary, and £1,000 with profits will be payable to the nominee on survival to the end of the term.

Table VI^P.

Endowments, with Premiums ceasing on Deathof Purchaser (with Profits at Maturity).

Annual Premiums for an Endowment of £100, payable at the End of the Term, with Premiums returned (less to per cent.) in event of Death of Nominee during the term. The Policy becomespaid up in the event of Death of Purchaser during the Term.Term