Lump sum plus Monthly Income: Half of the death benefit will be paid out as lump sum for immediate needs, and the remaining half in form of monthly income increasing annually by 10 % at simple rate for a period of 15 years. (bharti-axalife.com)
Guaranteed Income Benefit in form of Monthly Income for 15 years - payable from the end of 121st policy month till the end of Policy Term. (comparepolicy.com)
Lumpsum plus Monthly Income: Half of the death benefit will be paid out as lumpsum for immediate needs, and the remaining half in form of monthly income increasing annually by 10 % at simple rate for a period of 15 years. (buyonline.bharti-axalife.com)