Then, 1 % of sum assured on death is payable as family income benefit every month over a period of 60 months following the death of the life insured. (comparepolicy.com)
In case of the demise of the insured, there is a lump sum pay out, along with family income benefit and funding of the benefit for premium. (policybazaar.com)
The plan's benefits, however, does cover family income benefits and future premium funding in the event of the life insured's death. (policybazaar.com)