The flexibility of the policy allows the regular monthly income to be provided to the family members in case of the death of the policyholder during the term period. (policybazaar.com)
In case of the unfortunate event of death of policyholder during the income benefit period, the remaining payouts will be made to the nominee. (hdfclife.com)
In case of death of the policyholder during the policy term, the beneficiary receives this amount. (coverfox.com)