(Translated from Portuguese)

COVERAGE

Insurance Policies

This insurance provides coverage for Death, over 50% Permanent Disablement, and Medical Expenses in the treatment of accidental injuries to the Person Insured of professional and nonprofessional risk, including the use of regular means of transportation and the practice of amateur sports.
Accident is defined as a contingent, abrupt and abnormal event, produced by an external cause alien to the will of the Person Insured, resulting in body injury to the latter.

GUARANTEED BENEFITS
DEATH OR DISABLEMENT COVERAGE: In case of death or over 50% disablement resultant from accident involving the Person Insured, the Beneficiary shall be paid the benefit amounts according to the elected option.
MEDICAL EXPENSES: An allowance up to the limit established guarantees the reimbursement of expenses incurred with the treatment of accidental injuries.

REIMBURSEMENT
The benefit amount for Death or Permanent Disablement is cumulative with any other insurance with the same guarantee.

In relation to Medical Expenses, if the Person Insured holds other policies, reimbursement is provided through all policies in proportion to the respective Benefit amount elected. Reimbursement is provided to whomsoever shows evidence to have paid the medical expenses.

ACCEPTANCE
The "..... Family Protection Plan" is limited to one insurance per person or per couple and is destined to ..... clients from 14 to 65 years of age.

MOST RELEVANT EXCLUSIONS
* Accidents resulting from crime and other intentional actions (namely gross infraction and imprudence) self-inflicted by the Person Insured, including suicide.
* Accidents resulting from actions of the Person Insured when under the effect of alcohol or the use of drugs without medical prescription.
* Accidents resulting from the practice of professional sports or, if amateur, in championship events and respective training.
* Accidents resulting from natural disasters, acts of war, terrorism, public unrest, and the use or transport of radioactive material,
* Accidents resulting from the practice of parachuting, bullfighting, hang-gliding, plane gliding, and other similarly dangerous sports.
* Accidents with persons who work on bridges, scaffoldings, professional pilots and other flight personnel, whether or not in service of commercial airlines, as well as other professions involving similar risk.
* Accidents in regions of the world in risk of eminent conflict (i.e. war, civil war, terrorism, hostility).

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In the terms of the General Conditions clause of the Accident Insurance Policy of the ..... Company, model number 838 275, the following Special Conditions are applicable to the present agreement:

1. Definitions
To the effect of the present agreement:
The Company - the ..... Company
Applicant - "....., S.A."
Person Insured - The client(s) of the ..... branches in Macau, whose particulars have been previously indicated to the ..... Company.
Beneficiaries: The person(s) to whom the benefits are to be paid

2. Description of Agreement and Definition of Accident
The present agreement guarantees coverage for accidental body injuries to the Person Insured of professional and non-professional risk, including the use of regular means of transportation and the occasional practice of amateur sports. Accident is defined as a contingent, abrupt and abnormal event, produced by an external cause alien to the will of the Person Insured, resulting in body injury to the latter. Accidental Death or Permanent Disablement occurred during the cross over between Macau and Hong Kong by ferry, are payable double indemnity benefits. Accidents resulting from riding 2-wheel vehicles are covered.

3. Excluded Accidents
- Accidents resulting from crime and other intentional actions (namely gross infraction and imprudence) self-inflicted by the Person Insured, including suicide.
- Accidents resulting from actions of the Person Insured under the effect of alcohol or the use of drugs without medical prescription.
- Accidents resulting from natural disasters, acts of war, terrorism, public unrest, and the use or transport of radioactive material.
- Accidents resulting from the practice of parachuting, bullfighting, hang-gliding, plane gliding, and other similarly dangerous sports.
- Accidents involving persons who work on bridges, scaffoldings, professional pilots and other flight personnel, whether or not in service of commercial airlines, as well as other professions involving similarly dangerous risk.
- Accidents in regions of the world in risk of possible conflict (war, civil war, terrorism, hostility).

4. Guaranteed Coverage
4.1 Benefit guaranteed in case of Death - In case of death occurred immediately or within the term of two years counted from the date of the accident, the ..... Company shall pay the indemnity benefit to the beneficiaries appointed by the Person Insured on the application form.
4.2 Permanent Disablement - This agreement guarantees a benefit correspondent to 100% disablement as long as the accident resulted in a greater than 50% (>50%-100%) disablement, thus, no indemnity benefit is paid in case of temporary disablement.
4.3 In case of the death of the Person Insured as a result of an accident covered by the present agreement, an allowance of MOP5,000.00 is provided to cover funeral expenses.
4.4 In case of a death covered by the present agreement, all benefits granted to the Applicant (the ".....") through the application of Article 7, paragraph 2, shall be transferred in favor of the legal heirs of the Person Insured.
4.5 Medical Expenses: Medical expenses incurred with the treatment of accidental injuries shall be reimbursed up to the maximum benefit amount guaranteed, provided admission in hospital was longer than 24 hours. The annual maximum benefit amount for medical expenses is MOP/HK$30,000.00.

5. Beginning and Cessation of Guaranteed Benefits
Guaranteed benefits, when the client applies before its 66th anniversary, shall take effect from the date of acceptance of the Application Form, and shall cease to take effect:
- With the revocation of the Insurance Agreement by the Person Insured;
- When the Person Insured ceases to be a client of the Applicant, or upon the voidance of the Policy;
- When the Person Insured reaches the age of 70.

6. Alteration of Benefits
Another certificate shall be issued in case of alteration to the benefits elected by the Person Insured.

7. Payment of Indemnity Benefits
Indemnity benefits shall be paid to the appointed Beneficiaries under the precise terms provided in the Beneficiaries' Clause of the Application Form.
Reimbursement of Medical Expenses shall be paid to the Person Insured or, if missing, whomsoever shows evidence to have paid the expenses. Claim for indemnity benefits for death, permanent disablement or medical expenses must be filed with the Insurance Company within a term of 12 months following the accident.

8. Former Disease or Illness
If the consequences of an accident become aggravated due to disease or illness already manifested before the accident, the liability of the ..... Company shall not exceed the liability the Company would have if the accident had occurred to a person clear of such disease or illness.

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GENERAL CONDITIONS

GUARANTEED BENEFITS
Article One
1. By means of the present Policy, under the terms of present General Conditions and the Special and Particular Conditions drawn from the statements contained in the Insurance Proposal, the Company hereby guarantees to pay the relevant Indemnity Benefits in consequence of accident involving the Person Insured according to the elected coverage, namely:
a) Death;
b) Permanent Disablement;
c) Temporary Total Disablement;
d) Medical Expenses and Repatriation;
e) Funeral Expenses.
2. Accident is defined as a contingent, abrupt and abnormal event, produced by an external cause alien to the will of the Person Insured, resulting in body injury to the latter.

COVERAGE
Article Two
1. The present insurance covers accidents that occur in any part of the world provided they occur in result of:
1.1 Professional or nonprofessional risk or only nonprofessional risk as expressly provided in the Particular Conditions. Nonprofessional risk is considered the risk taken in any activity that is not covered by public or private industrial accident insurance or not susceptible of such coverage.
1.2 The use of normal means of transportation including commercial and private airplanes but excluding motorized two-wheeled vehicles.
1.3 Sporadic practice of amateur sports, including sport events that are not part of championships and respective training, with the exclusion of "Hunting ferocious animals", "Winter sports", "Box", "Karate" and other martial arts, "Parachuting", "Bullfighting", and other similarly dangerous sports.

2. Accidents emerging from the following activities may be covered only when dully expressed under the Particular Conditions:
2.1 Professional sports or, in case of amateur sports, any sport event integrated in its respective championship and correspondent training.
2.2 Hunting of ferocious animals, Winter sports, Box, Karate and other martial arts, Parachuting, Bullfighting and other similarly dangerous sports.
2.3 Riding of aircraft not provided under the above subparagraph 1.2.
2.4 Use of motorized two-wheeled vehicles.
2.5 Natural disasters, acts of war, terrorism, public unrest and transport of radioactive materials.

3. The following accidents are excluded from coverage:

3.1 Accidents resulting from actions of the Person Insured when under the effect of alcohol or the use of drugs without medical prescription.
3.2 Accidents resulting from crime and other intentional actions self-inflicted by the Person Insured, including suicide.
3.3 Hernias of any kind.

ALTERATIONS
Article three
1. The contracting or alteration of other accident insurance by the Person Insured, as well as any alteration to the place of residence of the Person Insured or the Applicant, must be informed to the Insurance Company.

2. Any change to the activities usually carried out by the Person Insured, namely in profession or in the practice of activities wherefore coverage through Particular Conditions is provided under the present General Conditions (Article 2, number 2), should be previously notified to the Company. Failure to provide such notice shall result, in case of accident, that the correspondent indemnity shall be reduced in proportion to the premium that would correspond to the referred normal activity and the premium corresponding to the activity that was not notified.
3. Alterations that have been duly notified, after being accepted by the Company, are included in additional riders issued by the Company.

START, DURATION AND TERMINATION
Article four
1. Insurance begins to take effect at 0 hours on the day following the acceptance of the proposal by the Company or at any later date expressly indicated in the proposal, unless otherwise determined by the Company and informed in written within 15 days counted from the date the proposal was received.
2. The insurance may be contracted for a term of up to one year, or for successive terms of one year. In the latter case, it shall be valid for secured terms of one year and tacitly renewed at the end of each annuity.
3. The Applicant or the Company may call for the termination of the agreement by means of a notice sent through certified mail within a minimum of thirty days prior to the date when such termination is intended to take effect.
4. Termination of the insurance agreement as provided under the previous paragraph shall grant the Applicant the right to claim reimbursement of 50% or 100% of the premium, corresponding to the term of validity not yet passed, according to whether the termination has been called by the Applicant or the Company.

PREMIUMS
Article Five
1. The Applicant is obliged to pay, at the beginning of each validity term, the respective premium and corresponding additional fees.
2. If after being notified through certified mail to pay overdue premiums and other additional fees, the Applicant fails to do so within 30 days from the date of the notice, the insurance agreement shall be considered terminated at the end of such term.
3. Notwithstanding, the Company shall always have the right to claim premiums and correspondent additional fees for any term wherein the insurance was in effect.

ACCIDENTS
Article six
1. In case of accident the Applicant and the Person Insured are cumulatively obliged before the Insurance Company:
1.1. To take immediate action to avoid increasing consequences of the accident.
1.2. To report the accident, in written, within eight days, indicating the place, date, hour, causes, witnesses and consequences.
1.3. To provide, within eight days after the Person Insured was clinically assisted, a statement from the doctor informing the nature of the injuries, the diagnosis, the days expected of eventual Temporary Total Disablement, as well as any possible Permanent Disablement.
1.4. To inform, within eight days after clinic examination confirming such fact, the healing from injuries, providing a medical statement declaring the date of discharge, the number of days of temporary total disablement and the percentage of any eventual Permanent Disablement.
1.5. Provide all documents relevant to the Medical Expenses in order to be reimbursed.

2. In case of accident, the Person Insured is obliged:
2.1. To follow medical prescription.
2.2. To undertake medical examination by doctor appointed by the Company.
2.3. To authorize the doctors to reveal any information requested by the Company.
2.4. To notify reinstatement of its activities.

3. If the accident results in the death of the Person Insured, in addition to the notification of the accident, a death certificate must be sent to the Company and, whenever deemed necessary, other documents explaining the accident and its consequences.
4. When the Applicant or the Person Insured are unable to comply with the obligations contained in the present article, the duty to comply with such obligations falls on the Applicant, the Person Insured or the Beneficiary - whoever is able to comply.
5. False statements in communications and notices to the Company shall result in liability for any loss and damages resulting thereof.

INDEMNITIES
Article seven
1. The amounts corresponding to the guaranteed indemnities are expressly listed in the Particular Conditions of the Policy.
2. In case of death that occurred immediately or within two years counted from the date of the accident, the Company shall pay the amount correspondent to the elected benefit to the appointed Beneficiary, or, if the latter is deceased, the heirs thereof. If no Beneficiary was appointed, the benefit amount shall be paid to the Applicant or, if missing, to the heirs thereof.

3. In case of Permanent Disablement, duly attested clinically and manifested within two years from the date of the accident, the Company shall pay the correspondent benefit amount as determined by the percentage Chart which constitutes an integral part of the present General Conditions.
3.1 If no other entity is expressly indicated under the Particular Conditions the indemnity benefits shall be paid to the Person Insured.
3.2 Percentage loss in the Particular Conditions may be set at different values from those listed in the Chart attached hereto.
3.3 Injuries not listed in the percentage Chart, even if of minor importance, are indemnified in proportion to how serious they are as compared with the cases listed in the Chart hereof, without taking into account the profession of the injured.
3.4 If the person is left-handed, the percentage loss for the disablement of right upper limb shall apply to the disablement of upper left limb reciprocally.
3.5 Physical defects on any limb or organ of the Person Insured before the accident shall be taken into consideration when fixing the percentage loss resulting from the accident. The actual disablement shall be the difference between the previous disablement and the disablement after the accident.
3.6 Partial or total functional disablement of limb or organ is comparable to correspondent partial or total loss thereof.
3.7 In relation to one and the same limb or organ, the accumulated percentage disablement shall not exceed the percentage correspondent to the total loss of that same limb or organ.
3.8 When an accident results in injuries to more than one limb or organ, the overall indemnity amount is the sum of indemnity amounts due for each one of the injuries, provided the total does not exceed the Insured Benefit amount.

4. In case of Temporary Total Disablement, manifested within 180 days counted from the date of the accident, the Company shall pay the daily guaranteed allowance for the duration of the disablement, during up to 360 days counted from the date the disablement was evidenced.
4.1 Temporary Total Disablement is defined as the temporary total physical incapacity of the Person Insured to carry on normal activity, susceptible of medical confirmation.
4.2 Unless otherwise provided under the Particular Conditions, the payment of the daily allowance shall be made to the Person Insured.

5. Medical Expenses and Repatriation. The Company shall reimburse, up to the benefit amount established to that effect, the expenses incurred with the treatment of injuries as well as extraordinary expenses with repatriation through means of transportation clinically suggested for the injuries sustained.
5.1. Reimbursement shall be made to whomsoever shows evidence to have paid such expenses, against the submission of relevant documents.

6. Expenses with Funeral. The Company shall reimburse, up to the amount established to that effect, the expenses incurred with the funeral of the Person Insured.
6.1. Reimbursement shall be made to whomsoever shows evidence to have paid such expenses.

7. Reimbursement of Medical Expenses and Repatriation and Expenses with Funeral, when equally guaranteed by other insurance policies shall be paid through all other policies in proportion to the respective insured benefit amounts.

8. Concerning Medical Expenses and Repatriation and Funeral Expenses, the Applicant, the Person Insured, the Beneficiary and the Heirs, hereby subrogate all their claims against third parties responsible for the accident, up to the amount of benefits paid.

9. Except otherwise expressly provided under the Particular Conditions, if the consequences of an accident are aggravated by disease or illness manifested prior to the date of the accident, the responsibility of the Company is limited to the liability the Company would have with a person who did not suffer from such disease or illness.

JURISDICTION
Article eight
For any litigation emerging from the present agreement, the parties hereof elect the jurisdiction of the District court wherein the Policy is issued, in case of failure of regular private arbitration, renouncing any other jurisdiction.