If not well, in a nutshell, it is an insurance product that provides you with life cover and sum assured on completion of the term, unlike term insurance. (easypolicy.com)
Upon successful completion of the term of probation the conditional discharge is then made absolute. (slsedmonton.com)
If the insured has not died, the rider allows the return of the entire premium amount upon completion of the term. (termlife2go.com)