Option 1 - Wasim Raja: Wasim Raja, a former Pakistani cricketer, passed away on August 23, 2006. However, his death did not occur while playing a match.

Option 2 - Phillip Hughes: Phillip Hughes, an Australian cricketer, tragically lost his life on November 27, 2014, after he was struck by a bouncer during a match. This makes him the player who died while playing a match.

Option 3 - Raman Lamba: Raman Lamba, an Indian cricketer, also suffered a fatal injury while playing a match. On February 20, 1998, he was hit on the temple by a cricket ball during a club match in Bangladesh, which sadly resulted in his death.

Option 4 - Vijay Hazare: Vijay Hazare, an Indian cricketer, did not die while playing a match. He had a successful cricket career and played for the Indian national team from 1946 to 1955.

Therefore, the correct answer is Option 4 - Vijay Hazare.