Typical child rider term life insurance amounts range from $ 1,000 - $ 25,000. (termlife2go.com)
The group carve - out plan replaces the current group life insurance amount over $ 50,000 on the people the company wishes to carve out. (investopedia.com)
For a higher life insurance amount, say, Rs 2 crore, the plan would pay the beneficiary the lump sum amount i.e. Rs 71 lakh. (idbifederal.com)