Additionally, the future premiums are waived and your nominee would be paid the guaranteed annual payouts on their respective due dates. (idbifederal.com)
He will receive 4 annual payouts of Rs 40,000 each year for four years starting from the end of 5th year after the end of policy term. (comparepolicy.com)
The beneficiary also has the option to receive future outstanding annual payouts as a lump sum. (comparepolicy.com)