AIA Real TPD Business Policy Wording

BCP-TPD-05/2026

Business Cover Professional - Total and Permanent Disability

SECTION A - BUSINESS COVER DEFINITIONS

DEFINED TERMS

In this Policy certain words have particular meanings. These words are in Bold and the meanings set out below. Interpretation Throughout this Policy ' We ', ' Our ', ' Us ' or ‘ AIA New Zealand ’ means AIA International Limited - New Zealand Branch, and/or any related and/or authorised companies and/or agents (including company officers acting in the scope of their authority) and AIA New Zealand’s advisers or reinsurers. ' You ' or ' Your ' means the Policy Owner(s) . Accelerated Benefit Means the Trauma Cover or Total Permanent Disability Cover taken out on an accelerated basis with Life Cover as set out in Your Policy Schedule . Payment of this Benefit will lead to a proportional reduction in the amount of the Life Cover as appropriate. Benefit(s) Means the Benefit specified in the Policy Schedule (and subject to the terms and conditions of this Policy ).

Civil Union Means a Civil Union as defined in the Civil Union Act 2004.

Close Relative Means a relative who is the Life Assured's spouse, Civil Union or de facto partner, mother, father, step mother, step father, brother, sister, step brother, step sister, child, grandfather or grandmother. Consumer Price Index Increase Means any increase in the index published by the Statistics Department of New Zealand for "All Groups" as at 30 September each year (or the nearest equivalent index should this index be replaced). Diagnosis & Diagnosed Means the first definitive Diagnosis made in writing by a Medical Practitiioner , based upon such specific evidence or in the absence of such specific evidence, based upon radiological, clinical, histological or laboratory evidence acceptable to Us . In the event of any doubt regarding the appropriateness or correctness of the Diagnosis , We shall have the right to call for an examination at Our expense, of either the Life Assured or the evidence used in arriving at such Diagnosis , by an independent acknowledged expert in the field of medicine concerned, selected by Us and the opinion of such expert as to such Diagnosis shall be binding on You , the Life Assured and Us . Full-Time Care Means having primary responsibility and actively undertaking, whether shared or alone, the day-to-day care of persons who cannot safely take care of themselves without supervision. Life Assured Means the person or people insured for the Benefit(s) as listed in Your Policy Schedule .

Marriage Means a Marriage as defined in the Marriage Act 1955.

Medical Practitioner Means any person approved by Us and registered with the Medical Council of New Zealand to render medical or surgical services, who holds an Annual Practising Certificate. For a Diagnosis made outside New Zealand, this

BCP-TPD-05/2026

Page 1 of 14

definition covers any appropriately qualified medical professional approved by Us . This definition excludes any person who is himself/herself the Life Assured , the Policy Owner , the spouse, de facto spouse, Civil Union partner, lineal relative, or business partner/associate of the Life Assured or Policy Owner. Policy Means this contract of insurance between You and Us . It includes the following parts: • Your application for insurance; and • this Policy wording ; and • the Policy Schedule ; and • any addendum to the Policy Schedule ; and • any other written notice that We give You ; and • any written notice that You give Us .

Policy Anniversary Date Means the anniversary of the Policy Commencement Date .

Policy Commencement Date Means the commencement date of the Policy as specified in Your Policy Schedule . Policy Owner Means the Policy Owner identified in the most recent Policy Schedule issued to You by Us . Policy Schedule Means the most recent Policy Schedule issued to You by Us , including any endorsements or special conditions. Policy Year Means the twelve (12) month period which starts from the Policy Commencement Date and ends on the First Anniversary Date. Each subsequent Policy Year is from Policy Anniversary Date to Policy Anniversary Date . Premium Means the Premium specified in Your Policy Schedule or in any subsequent notice issued to You by Us . Premium Guarantee Period Means the period of time specified in Your Policy Schedule during which the Premium Rates applicable to Your Policy are guaranteed not to increase. Assuming Your cover doesn’t change, Your Premiums will remain the same for each renewal period as specified in Your Policy Schedule . Premium Rates Means the underlying Premium Rates We use to calculate Your Premium based on factors including the age, health, occupation and circumstances of the Life Assured . Sum Assured Means the Sum Assured for the Benefit(s) as set out in Your Policy Schedule . Total Premium Means the sum of the Premium and policy fee together with any applicable GST as specified in Your Policy Schedule .

BCP-TPD-05/2026

Page 2 of 14

SECTION B - TOTAL AND PERMANENT DISABILITY BENEFIT FEATURES

JURISDICTION AND CURRENCY

The laws of New Zealand apply to this Policy . The New Zealand courts have exclusive jurisdiction. All monetary amounts referred to in this Policy are expressed and payable in New Zealand dollars and include GST. A When You apply for insurance with AIA New Zealand and when You make a claim on the Policy , You have a legal duty of disclosure to AIA New Zealand . The duty of disclosure means that: 1. All the statements that You or any Life Assured make to AIA New Zealand (both written and oral), including the answers in: a. the application; b. any claim made by You ; and c. any other communication by You or any Life Assured with AIA New Zealand ; must be complete, true and correct. 2. You and any Life Assured must disclose everything that You or any Life Assured know, or could reasonably be expected to know, that is relevant to AIA New Zealand’s decision whether: a. to accept Your application for insurance, on what terms AIA New Zealand will accept it and how much it will cost; or b. to accept Your claim on the Policy . 3. This duty of disclosure in relation to Your application for insurance continues from the time You complete the application until either: a. the Policy Commencement Date or the date AIA New Zealand accepts Your application for insurance, whichever is later; or b. AIA New Zealand declines Your application for insurance. 4. You and any Life Assured also have the same duty of disclosure to AIA New Zealand throughout the term of the Policy whenever You or any Life Assured communicate with AIA New Zealand and whenever You extend, vary or reinstate Your insurance. IMPORTANT If You or any Life Assured do not comply with Your duty of disclosure, AIA New Zealand may at its discretion do any or all of the following: 1. Decline any claim that You make; 2. Alter the terms of any Benefits under the Policy ; 3. Remove any Benefits under the Policy ; 4. Void Your Policy from the Policy Commencement Date ; 5. Retain all Premiums , policy fees and recover any Benefits paid; 6. Terminate this Policy . If You are not sure whether You are required to disclose a particular fact, please ask AIA New Zealand or Your insurance adviser. B If the age of the Life Assured was misstated in the application, the amount payable under this Policy will be adjusted to the amount that the Premiums would have purchased if the correct age had been disclosed.

RESPONSIBILITY FOR TRUTHFULNESS

BCP-TPD-05/2026

Page 3 of 14

PREMIUM RATES

No increase in Premium Rates will apply to this Policy as a result of change in the health, occupation or circumstances of the Life Assured . However, We have the right to review at any time and from time to time the Premium Rates and handling fees applicable to all Total and Permanent Disability policies and to apply the reviewed rates and fees to this Policy at the commencement of the next Premium Guarantee Period . With Our agreement the annual Total Premium may be paid by equal fortnightly, monthly, quarterly or half-yearly instalments but with such handling fees as We shall determine from time to time. We may cancel this arrangement at any time in respect of future Total Premiums . You may apply to Us to change the Premium or Benefits attributable to this Policy . Subsequent to this, We may change the Premium and/or alter any Benefits under this Policy in accordance with this instruction. We will charge You a policy fee, which forms part of Your Total Premium . The policy fee is used to pay the ongoing administration costs of this Policy . The policy fee is specified in Your Policy Schedule . We may change this policy fee from time to time. If this occurs any such change will be notified to You in writing. The term of this Policy and the period of assurance covered by each annual Total Premium , or instalment of annual Total Premium , terminate on the due date of the next annual Premium or instalment. A thirty (30) day grace period is allowed after the due date for payment of each Total Premium . This Policy will automatically terminate if the Total Premium is not paid before the expiration of the grace period. In such an instance this Policy can be reinstated subject to: • Our consent; and • such evidence of continued good health of the Life Assured as We may require; and • the payment of all Total Premiums in arrears together with such interest thereon as We may decide. We may vary Your Benefits , charge additional Premiums or not allow You to reinstate the Policy if the health, occupation, financial position or pastimes of the Life Assured have changed. Unless previously terminated, this Policy shall terminate on the earliest of: A The anniversary of the Policy Commencement Date following the Life Assured attaining age sixty-five (65) or age seventy (70) depending on the age specified in the Policy Schedule . B Payment of the Total and Permanent Disability Benefit . C Written notification of cancellation from You to Us at any time. D Non-payment of Total Premium as set out in Clause 6 “Period of Assurance” above. E Death of the Life Assured . Written notice of a claim must be given to Us within ninety (90) days after becoming eligible in accordance with the definition of Total and Permanent Disability under Section D “Total and Permanent Disability Benefit Definitions”.

PREMIUM PAYMENTS

POLICY FEE

PERIOD OF ASSURANCE

TERMINATION

CLAIMS

BCP-TPD-05/2026

Page 4 of 14

PROOF OF DISABLEMENT

Written proof of a Total and Permanent Disability claim must be furnished to Us within ninety (90) days after becoming eligible in accordance with the definition of Total and Permanent Disability under Section D “Total and Permanent Disability Benefit Definitions”. Any expense incurred in providing due proof of a claim shall be borne by the Life Assured . We have the right and opportunity to call for an examination of the Life Assured at Our expense when and as often as We may reasonably require during the assessment of a claim. If this Policy is avoided or is terminated under any of the terms and conditions of this Policy , all Total Premiums paid shall be absolutely forfeited to Us . Cover under this Policy applies twenty-four (24) hours a day, anywhere in the world. If You are overseas during the period of a claim, Benefits will be paid in New Zealand currency. This Policy is the entire contract of insurance between You and AIA New Zealand . It comprises the following parts: • Your application for insurance; and • this Policy wording; and • the Policy Schedule ; and • any other written notice that AIA New Zealand gives You ; and • any written notice that You give Us . In the event of any changes in taxation after the Policy Commencement Date which affects the Benefits or Our liability, We may make such amendments or modifications to the Premium and Benefits and this Policy as We consider appropriate. If there is more than one (1) Life Assured shown in the Policy Schedule , We will pay the Total and Permanent Disability Benefit for each Life Assured . The amount of the Benefit payable on the Total and Permanent Disability of a Life Assured will be the Sum Assured for that person. This Benefit will end when all Lives Assured have suffered a Total and Permanent Disability , and to the extent a Total and Permanent Disability Benefit is payable in respect to each of them, that Benefit has been paid.

FORFEITURE OF PREMIUMS

WORLDWIDE COVER

ENTIRE CONTRACT 12

TAX CHANGES

TOTAL AND PERMANENT DISABILITY BENEFIT PAYABLE WHERE MORE THAN ONE (1) LIFE ASSURED

GENERAL

15 A

This Policy does not participate in bonus distributions or acquire a cash surrender, loan or maturity value.

B Where this Policy refers to an Act of Parliament, this includes any Regulations made under it. It also includes any Act or Regulations enacted in substitution. C Your life insurance Policy is part of the AIA New Zealand Statutory Fund, effective 1 September 2013. This is a requirement under the Insurance (Prudential Supervision) Act 2010, for policyholder protection. To enable You to consider the Policy in detail You will have a free look period of fourteen (14) days after You receive Your Policy document. During this period, if You decide that the Policy does not suit Your needs then You may return it to Us and receive a full refund of all Total Premiums paid and the Policy will be cancelled.

FREE LOOK PERIOD

BCP-TPD-05/2026

Page 5 of 14

NOTICES

Should You write to Us about this Policy , You must send the letter to Our head office in New Zealand as notified by Us to You from time to time. The postal address of AIA New Zealand’s head office is: AIA New Zealand Private Bag 300981 Albany AUCKLAND 0752 The street address of AIA New Zealand’s head office is: AIA New Zealand Level 15 5-7 Byron Avenue Takapuna AUCKLAND 0622

BCP-TPD-05/2026

Page 6 of 14

SECTION C - TOTAL AND PERMANENT DISABILITY BENEFITS

BENEFIT

If the Life Assured suffers a Total and Permanent Disability (as defined below in Section D “Total and Permanent Disability Benefit Definitions”) while this Policy is in force, We will pay You the Total and Permanent Disability Benefit shown on the Policy Schedule provided: A The Total and Permanent Disability Benefit Total Premium has been paid. B The Benefit waiting period shown on the Policy Schedule has elapsed. If the Policy Schedule shows You have selected a one (1) or five (5) year Benefit waiting period and if the Life Assured suffers a Total and Permanent Disability (as defined below in Section D “Total and Permanent Disability Benefit Definitions”) while this Policy is in force, We will pay You the Total and Permanent Disability Benefit shown on the Policy Schedule as set out below: 1. 10% of the Sum Assured or a maximum amount of $10,000 (whichever is the lesser). The Sum Assured will then decrease by the amount paid. 2. The remaining Sum Assured will be paid after the nominated deferrable Benefit option wait period, as shown in the Policy Schedule , if the Life Assured continues to suffer a Total and Permanent Disability (as defined below in Section D “Total and Permanent Disability Benefit Definitions”) while this Policy is in force provided the Total and Permanent Disability Benefit Total Premium has been paid. The maximum Total and Permanent Disability Benefit that We will pay per Life Assured is $5,000,000 irrespective of the number of Policies held. The annual Total Premium (or instalment) is payable for the entire duration of the Benefit . If the Policy Schedule shows You have selected a Level Premium option for the first three (3) years from the Policy Commencement Date, We will guarantee not to increase Your Premium Rates . After the three (3) year Premium Guarantee Period ends, Your Policy may be subject to any increase in AIA New Zealand’s underlying Premium Rates . At the end of the selected Level Premium period the Premium will be recalculated based on the age of the Life Assured . Subsequent Level Premiums will be recalculated at each Policy Anniversary Date based on the age of the Life Assured .

PREMIUM

If the Policy Schedule shows that you have selected a one (1) Year Premium Step option, Your Total and Permanent Disability Benefit Premium specified in the Policy Schedule will be recalculated at the expiration of the initial and subsequent Premium Guarantee Periods , based on the age next birthday of the Life Assured .

BCP-TPD-05/2026

Page 7 of 14

INFLATION ADJUSTED BENEFIT OPTION

If the Policy Schedule shows You have selected the Inflation Adjusted Benefit option, the Total and Permanent Disability Benefit will increase on each anniversary of the Policy Commencement Date by an amount equal to the Consumer Price Index Increase for the year ended 30 September for which figures are available at the date the Sum Assured is to be increased. You may decline any Consumer Price Index Increase . This option expires upon termination of the Policy in accordance with Clause 7 “Termination”, Section B above. This option will cease once the maximum total Sum Assured of $5,000,000 has been reached. If the Policy Schedule shows that You have selected the Level Benefit option, the Total and Permanent Disability Benefit will remain at the amount specified on the Policy Schedule . If the Policy Schedule shows that You have selected the Level Indexed Benefit option, the Total and Permanent Disability Benefit will increase on each anniversary of the Policy Commencement Date by the percentage amount shown on the Policy Schedule . This option expires upon termination of the Policy in accordance with Clause 7 “Termination”, Section B. This option will cease once the maximum total Sum Assured of $5,000,000 has been reached. The Total and Permanent Disability Benefit may be renewed up to the anniversary of the Policy Commencement Date following the Life Assured attaining age sixty-five (65) or age seventy (70) depending on the age specified in the Policy Schedule . The Policy Owner(s) may apply for an increase in the Sum Assured without further evidence of health subject to the following conditions: We must receive a written request signed by all Policy Owner(s) within ninety (90) days of the applicable business event occurring. You must satisfy Us that the value of the Life Assured's financial interest is at least equal to the requested increase to the amount of cover. You must provide: • A valuation of the business or valuation of the Life Assured to the business (as provided by an independent qualified accountant or business valuer); and/or • Evidence of the loan guarantee, and any other contractual or financial evidence We may request. Any increase request’s calculation method must be consistent with that adopted in the Policy application. If You do not increase Your insurance by the full amount identified in a review of insurance requirements, You may not defer the potential increase to a later review. The option to increase the Sum Assured must be exercised before the option expiry date (see Clause 8 " Expiry of Business Increase Option " below).

LEVEL BENEFIT OPTION

LEVEL INDEXED BENEFIT OPTION

RENEWAL

BUSINESS INCREASE OPTION

BCP-TPD-05/2026

Page 8 of 14

The maximum increase in the Sum Assured for Total and Permanent Disability will be the lesser of five (5) times the Sum Assured at the Policy Commencement Date shown in the Policy Schedule , or the stated maximum increase as indicated on the Policy Schedule with a maximum total Sum Assured of $5,000,000. Any increase is subject to approval by Us . Any increase in the Sum Assured will require an additional Premium , the amount of which will be dependent on the current Premium Rates for the type of cover at the date the increase in Sum Assured is effected. Only one (1) increase can be made each year. The Business Increase Option will expire on the earliest of the following: • The date We receive Your written request to cancel the Benefit . • The maximum increase limit for the Sum Assured has been reached for the applicable Benefit . • If You are entitled to make a claim or We have paid a claim under this Total and Permanent Disability Benefit . • The anniversary of the Policy Commencement Date ten (10) years after the later of: o The commencement date of the Business Increase Option . o The last increase using the Business Increase Option We approved. • Non-payment of the Tota l Premium as set out in Period Of Assurance Section B, Clause 6, above. • The Policy Anniversary following the Life Assured attaining age sixty five (65). • The Life Assured's death. Upon payment of a full Total and Permanent Disability Benefit , We will pay an additional lump sum of $1,000 to the Policy Owner for the purposes of seeking financial planning and/or legal advice. Only one (1) Financial Planning and Legal Benefit payment per Life Assured will be made regardless of the number of additional Policies held with Us . If the Policy Schedule shows that You have selected an Accelerated Benefit Your Life Cover Benefit will be reduced by the amount of the Accelerated Benefit paid. Any other Accelerated Benefit on Your Policy Schedule will be reduced to the new Life Cover Benefit . If as a result of the payment of the Accelerated Benefit the Life Cover Benefit is reduced to nil the Life Cover Benefit and any remaining Accelerated Benefits on Your Policy Schedule will be terminated. If the Policy Schedule shows that You have selected the Buyback Life Cover option, on the anniversary of the payment of a Total and Permanent Disability claim, You may effect Life Cover with Us under a Policy or Policies , without needing to provide evidence of health of the Life Assured , for a sum not exceeding the claim amount paid under the Total and Permanent Disability Benefit . The Life Cover will be based on the age of the Life Assured and Our Premium Rates at the time, and will be subject to any loadings or restrictions (if any) which apply to this Policy .

F G

EXPIRY OF BUSINESS INCREASE OPTION

FINANCIAL PLANNING AND LEGAL BENEFIT

PAYMENT OF ACCELERATED BENEFIT

BUYBACK LIFE COVER OPTION

BCP-TPD-05/2026

Page 9 of 14

The Life Cover will not be eligible for the Inflation Adjusted Benefit option, Business Increase option or the Level Indexed Benefit Option. The option must be exercised within sixty (60) days of the anniversary of the payment of the Total and Permanent Disability claim, failing which, the option to effect such covers on that anniversary shall lapse. In order to exercise this option, the Policy Owner(s) must make the request in writing to Us . We will pay a Partial Disability Benefit if the Life Assured is Partially Disabled (as defined in Clause 3 under Section D below). The amount payable will be the lesser of 25% of the Sum Assured or $100,000. When a payment is made under this Partial Disability Benefit the Sum Assured will be reduced by an equal amount. Upon receiving written notification acceptable to Us an additional Assistance Benefit of $7,500 may be payable to cover costs of purchasing specialist equipment or completing home alterations which are necessary as a result of a Total and Permanent Disability Benefit being payable. AIA New Zealand shall be entitled to arrange for an appropriately qualified health professional to assess any recommendation for specialist equipment or home alteration. If We make future enhancements to Our Policy wordings We will pass back the enhanced Benefit , feature and/or condition automatically to You . The enhanced Benefit , feature and/or condition will only apply to claimable events which occur after the date We pass back the enhanced Benefit , feature and/or condition to You . Any underwriting exclusion or special terms that apply to this Policy will not be altered by any enhanced Benefit , feature and/or condition. This Benefit is to ensure that You will not be disadvantaged as a result of the enhanced Benefit , feature and/or condition. If You are inadvertently disadvantaged in anyway then the previous Policy wording will apply. We will, at Our discretion, waive the requirement for the Life Assured to be absent from his or her pre-disability employment for three (3) consecutive months when assessing a Total and Permanent Disability Benefit claim if: The Life Assured in Our sole opinion has met all other requirements for payment of a Total and Permanent Disability Benefit ; and We expect the Life Assured to survive beyond three (3) months after the Life Assured ceased work as a result of the disease, illness or injury. In exercising this discretion, We will consider if the disease, illness, or injury of the Life Assured enables an assessment to be made immediately in respect of whether the Life Assured has met all other requirements for the payment of the Total and Permanent Disability Benefit .

PARTIAL DISABILITY BENEFIT

ASSISTANCE BENEFIT

GUARANTEED PASS BACK OF BENEFIT ENHANCEMENTS

WAIVER OF THREE (3) MONTH ABSENCE FROM EMPLOYMENT

BCP-TPD-05/2026

Page 10 of 14

CONVERSION OPTION

You may at any time prior to the Life Assured reaching age sixty (60): Convert all or part of the Total and Permanent Disability Cover Benefit from the Premium specified in Your Policy Schedule to a Level Premium structure. The Total and Permanent Disability Cover Benefit under this Policy will be reduced by the amount of insurance so converted; or Convert a Level Premium Term to a further Level Premium Term, of which duration may be the same or less than current Level Premium term. We will not require You or the Life Assured to produce further medical evidence at the time of conversion. The terms and conditions of the new Policy will be those which are then offered by Us to the general public. Premiums will be calculated on the current age of the Life Assured . Any loading(s) and/or exclusion(s) that applied to Your existing Total and Permanent Disability Benefit will apply to Your new Total and Permanent Disability Benefit . The Counselling Benefit covers the cost of a Psychiatrist or Psychologist consultation and/or counselling for the Life Assured and/or a Close Relative of the Life Assured where the support treatments and/or consultations directly relate to a claim under the Total and Permanent Disability Benefit . After referral by a Medical Practitioner we will reimburse up to $2,500 including GST (in total) per Life Assured , subject to the following conditions: • The consultation and/or counselling must be paid for within twelve (12) months following Us paying the Total and Permanent Disability Benefit claim; and • You must provide Us with a receipt for the consultation and/or counselling You are claiming. Only one (1) Counselling Benefit payment per Life Assured will be made regardless of the number of additional Policies held with Us . This is in addition to the Sum Assured .

COUNSELLING BENEFIT

EXCLUSIONS

The Total and Permanent Disability Benefit will not be paid if the Total and Permanent Disability directly or indirectly was caused by or resulted from self-inflicted injury, whether the Life Assured is sane or insane.

BCP-TPD-05/2026

Page 11 of 14

SECTION D - TOTAL AND PERMANENT DISABILITY BENEFIT DEFINITIONS

TOTAL AND PERMANENT DISABILITY UP TO AND INCLUDING AGE 65 FOR SUMS ASSURED UP TO $5,000,000 MEANS

If the Policy Schedule shows You have selected the “any occupation” option the definition is: The Life Assured being absent from any employment as a result of injury or illness for a period of three (3) consecutive months and is so disabled that in Our opinion, after consideration of medical evidence satisfactory to Us , he or she is unlikely ever to engage in work for reward in any occupation that he or she is reasonably qualified by education, training or experience which would remunerate at a rate greater than 25% of his or her earnings over the last twelve (12) consecutive months period of employment.

If the Policy Schedule shows You have selected the “own occupation” option the definition is: The Life Assured being absent from his or her own employment as a result of injury or illness for a period of three (3) consecutive months and is so disabled that in Our opinion, after consideration of medical evidence satisfactory to Us , is unlikely to ever resume work in or ever attend to his or her Usual Occupation .

The Life Assured being totally and irreversibly unable to perform at least two (2) of the five (5) Activities of Daily Living (as defined below) as a result of a disease, illness or injury, without the standby assistance of another person.

Activities Of Daily Living

1. BATHING - The inability to wash oneself either in the bath or shower or by a sponge bath. The Life Assured will be considered to be able to bathe even if the above tasks can only be performed by using equipment or adaptive devices. 2. DRESSING - The inability to put on and take off all garments and medically necessary braces or artificial limbs usually worn, and to fasten and unfasten them. The Life Assured will be considered able to dress even if the above tasks can only be performed by using modified clothing or adaptive devices such as tape fasteners or zipper pulls. 3. TOILETING -The inability to get to and from and on and off the toilet, to maintain a reasonable level of personal hygiene, and to care for clothing. The Life Assured will be considered able to toilet even if it involves the use and ability to empty a colostomy bag, and/or catheter, or an alternative means of bowel or urine elimination device, or use a commode, bedpan or urinal, and able to empty and clean it without the standby assistance of another person. 4. MOBILITY - The inability to move from place to place. The Life Assured will be considered able to move even if it requires the use of equipment including but not limited to canes, quad canes, walkers, crutches, wheelchairs, including mechanical or motorised devices. 5. EATING - The inability to get nourishment into the body by any means once it has been prepared and made available.

BCP-TPD-05/2026

Page 12 of 14

COGNITIVE IMPAIRMENT The permanent loss of cognitive function due to a permanent, irreversible injury or illness of the brain including at least two (2) or more of the following permanent impairments: 1. disorientation in time and place 2. Mini-mental score of less that twenty (20) out of thirty (30) or equivalent test 3. requires assistance with two (2) or more Activities of Daily Living defined above.

The entire and irrecoverable loss of the sight of both eyes.

The complete, total and irrecoverable functional loss, as supported by medical evidence, of: • Both hands; or • Both feet; or • One hand and one foot. If the Policy Schedule shows You have selected the to age seventy (70) option, the following definition will apply between the ages of sixty six (66) and seventy (70) irrespective of the occupation definition that is shown in the Policy Schedule . The Life Assured being totally and irreversibly unable to perform at least two (2) of the five (5) Activities of Daily Living (as defined below) as a result of a disease, illness or injury, without the standby assistance of another person.

TOTAL AND PERMANENT

DISABILITY AGES 66 – 70 FOR SUMS ASSURED UP TO $5,000,000

Activities Of Daily Living

1. BATHING - The inability to wash oneself either in the bath or shower or by a sponge bath. The Life Assured will be considered to be able to bathe even if the above tasks can only be performed by using equipment or adaptive devices. 2. DRESSING - The inability to put on and take off all garments and medically necessary braces or artificial limbs usually worn, and to fasten and unfasten them. The Life Assured will be considered able to dress even if the above tasks can only be performed by using modified clothing or adaptive devices such as tape fasteners or zipper pulls. 3. TOILETING - The inability to get to and from and on and off the toilet, to maintain a reasonable level of personal hygiene, and to care for clothing. The Life Assured will be considered able to toilet even if it involves the use and ability to empty a colostomy bag, and/or catheter, or an alternative means of bowel or urine elimination device, or use a commode, bedpan or urinal, and able to empty and clean it without the standby assistance of another person. 4. MOBILITY - The inability to move from place to place. The Life Assured will be considered able to move even if it requires the use of equipment including but not limited to canes, quad canes, walkers, crutches, wheelchairs, including mechanical or motorised devices. 5. EATING - The inability to get nourishment into the body by any means once it has been prepared and made available.

BCP-TPD-05/2026

Page 13 of 14

COGNITIVE IMPAIRMENT The permanent loss of cognitive function due to a permanent, irreversible injury or illness of the brain including at least two (2) or more of the following permanent impairments: • disorientation in time and place • Mini-mental score of less that twenty (20) out of thirty (30) or equivalent test • requires assistance with two (2) or more Activities of Daily Living defined above;

The entire and irrecoverable loss of the sight of both eyes;

The complete, total and irrecoverable functional loss, as supported by medical evidence, of: • both hands; or • both feet; or • one hand and one foot.

PARTIAL DISABILITY

A Means the Life Assured has suffered: The entire and irrecoverable loss of the sight in one (1) eye; or B The complete and permanent loss of use of one (1) limb (limb being whole hand or whole foot). The Partial Disability must be supported by an appropriate Diagnosis from a Medical Practitioner and evidence acceptable to Us . The occupation, business or Employment which the Life Assured was engaged in immediately before the Injury or Illness, and from which he or she was remunerated. The Mini-mental (MMSE) is a brief, quantitative measure of cognitive status in adults. It can be used to screen for cognitive impairment, to estimate the severity of cognitive impairment at a given point in time, to follow the course of cognitive changes in an individual over time, and to document an individual’s response to treatment.

EMPLOYMENT AND/OR USUAL OCCUPATION

MINI-MENTAL

(INSIGHT 35.0.0) – May 2019 (Updated August 2019) (Updated May 2026)

BCP-TPD-05/2026

Page 14 of 14

Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14