Personal Accident Policies in addition to usual death and disablement benefits also provide without any additional premium the benefit of Education Fund for the Dependent Children of the deceased insured. It provides that in the event of death or Permanent Total Disablement of the Insured Person the Company will also pay compensation towards Education Fund for the dependent children (i) For one child up to age of 23 years-10% of CSI up to a maximum of Rs. 5,000/-. (ii) For more than one child up to age of 23 years-10% of CSI up to a maximum of Rs. 10,000 (iii) The age limit of 23 years shall apply on the date of accident only. Provided that the total amount payable under this head under all Personal Accident policies shall be limited to a maximum of Rs. 5,000/- in case there is one dependent child and Rs. 10,000 in case there are more than one dependent child.