In the event of death, total and permanent disability, personal accident or covered event, subject to fulfilment of the conditions stated in the master policy contract, the Company will pay the respective sum assured in accordance with the limits stated in the Schedule of Benefits. Upon death, funeral expense will be payable provided that death benefit is payable. This coverage also provides a daily hospitalisation income benefit upon hospitalisation, subject to the terms and conditions and the limits stated in the master policy contract. Please refer to the master policy contract for more information.