General Provisions

This Rider becomes part of the policy to which it is attached if its Form Number is indicated in the Policy Schedule or Endorsement Form.

Coverage under this Rider shall take effect on the date this Rider is issued, or the date the initial premium thereof is paid, during your lifetime, whichever occurs later.

Benefit Provision

Upon receipt at its Head Office or such other of its duly authorized offices, of due proof of the death of the Insured while insured under the Policy and this Rider, PLGIC shall pay the amount of coverage under this Burial Benefit rider to Beneficiary(ies) to help recover expenses or settle outstanding debts and liabilities brought about by the death of the Insured.

1. The benefit under this Rider shall be payable after two years from it's Effective Date or date of last reinstatement to the designated Beneficiary(ies) entitled to receive the Insured's Life or Hospitalization Insurance in accordance with Policy Provisions.
2. If death occurs within the first two years from the Effective Date or date of last reinstatement, an amount equal to the total premiums you have paid for this Rider plus compound interest at the rate of 10% per annum will be payable.

Premium Rate

The initial premium for this Rider shall be as indicated in the Policy Schedule or Endorsement Form. This additional premium shall be payable in the same manner and at the same time as the premium of the Policy to which this Rider is attached.

Net Surrender Value

If you no longer wish to pay the premium or continue the effectivity of this Rider, and there are available cash values under your Rider as shown in the Schedule of Surrender Values, you may, by written request during the grace period, surrender this Rider for its Cash Surrender Value.

Termination of Insurance

This rider shall automatically end and our liability and your payment of additional premium shall stop:

1. If the policy to which this Rider is attached has lapsed, been surrendered or converted under any of its non-forfeiture provisions, or otherwise ended; or,
2. Once this Rider is cancelled by the Insured as of any Premium Due Date by giving written notice to PLGIC; or
3. If the Policy Anniversary after the Insured's 80th birthday is reached.

Termination of this Rider shall not defeat any claim arising before such termination. Upon termination, additional premium shall no longer be payable. Further payment or acceptance of any premium shall not create liability under this Rider except for the refund of such premiums. Any cash value, if available, shall be paid to the Insured upon.

Notice of Claim

This Burial Benefit Rider contact must be presented to us at our Head Office for the payment of any benefit. In case of the death of the Insured, we must receive statisfactory proof of the death at our Head Office within thrithy (30) days after the date of death.

Failure to give notice within this time shall not invalidate a claim if it was shown not to have been reasonably possible to give such notice. In this case, notice must be given as soon as reasonably possible.

Non-Participation

This Rider is non-participating and does not share in the surplus earnings of the Company.