The phrase "assured sum" means a certain amount of money that is guaranteed or promised. It is an amount that will definitely be received or paid. Full definition
In case of an unforeseen event like death or permanent disability, during the duration of the policy, the beneficiaries receive the full assured sum of the policy. (blogs.bajajallianzlife.com)
Like other plans here also you will get assured sum after maturity and in the case of the death of the policy holder the nominee will be benefited by the sum assured amount. (surezindagi.com)
This works just like any standard life insurance policy where the insured party gets a final assured sum at the end of the policy term. (policybazaar.com)