In case of death of the policyholder during the policy term, the beneficiary receives this amount. (coverfox.com)
It is the minimum amount that will be paid on death of the policyholder during the policy term. (reliancenipponlife.com)
In case of the unfortunate event of death of policyholder during the income benefit period, the remaining payouts will be made to the nominee. (hdfclife.com)