JUNIOR SAVERS ACCOUNT

* The Group Term Life and Personal Accident Insurance (covering death and/or permanent disablement due to accident or illness) Policy (“the Policy”) is underwritten by Forte Insurance (Cambodia) Plc. You agree to be bound by terms and conditions as follows:

• The parent(s)/guardian(s) whose children are the Junior Savers Account (“JSA”) holders should be between 18-65 years of age on the date of JSA account opening or conversion from previous JSA plan.
• The Policy benefit is excluded for customers whose age is greater than 65 years at next birthday.
• The Policy covers benefits up to USD 100,000 for Death and/or Permanent Disablement due to accident or illness. Benefit varies according to the consent provided by parents/guardian during account opening and the balance of the JSA active account at the time of occurrence of the event covered by the Policy.
• Insurance coverage is equal to 200% of the Junior Savers Account’s remaining balance divided by number of account holder, up to a maximum of USD 100,000 per Member.
• The Policy coverage will start from the date of account opening or conversion from previous JSA plan.
• In case of any dispute with respect to the name(s) of the insured, the name(s) of the insured person(s) shall be the name(s) as per CIMB Bank account.
• For the avoidance of doubt, the parent(s)/guardian(s) stated under Junior Savers Account are the insured person(s) under the Policy.

• You consent to CIMB Bank PLC sharing your basic personal information with Forte Insurance (Cambodia) Plc for the purpose of providing you insurance coverage, claim handling and other administrative matters.