Parent and child endowment

The company pays the insurance amount on the date specified for the expiry of the insurance period, whether or not the child in whose favor the insurance contract was made is alive.
In the event of the death of the child, god forbid, before the end of the insurance period, and he was (7) seven years old or more, the company shall pay the insurance amount upon his death.
But if he has not exceeded (7) seven years, the company will return the paid premiums and the insurance will end