The term "maturity amount" refers to the total sum of money that someone receives when an investment or financial product reaches its end or matures. It represents the accumulated value or return of the initial investment. Full definition
It also ensures payment of maturity amount at the end of the policy tenure. (simplypaisa.com)
It is a life insurance endowment plan which provides life cover during policy term and lump - sum maturity amount on completion of policy term. (insurance21.in)
In fact, under a pension plan you can even withdraw up to one - third of the total maturity amount in cash and that too will be tax free. (maxlifeinsurance.com)