48 monthly payouts of 1.5 times the monthly premium shall be payable each year for 48 months starting from the end of 13th month after the end of policy term. (comparepolicy.com)
Part amount as lump sum and remaining as monthly payouts for a fixed number of months. (personalfinanceplan.in)
In case of death of the plan buyer, a certain percentage of monthly payout in addition to the payouts being made prior to the death is given to the nominee. (policybazaar.com)