This plan gives protection to the family in case of unfortunate death of policyholder. (insurances24x7.com)
Hence, child plans provide the nominee of the policy a death benefit in case of the unfortunate death of the policy holder. (bharti-axalife.com)
In case of your unfortunate death during the term of your life insurance policy, your nominee will receive the sum assured as the death benefit. (investmentpedia.org)