In case of death of the life insured during the policy term, the nominee will receive death benefits on the basis of payout option chosen. (comparepolicy.com)
Based on the annuity payout option chosen, this plan provides you and your spouse an income for life. (comparepolicy.com)
The lump sum benefit payout option requires a longer elimination period, usually 365 days before disability income benefits are paid. (keypersoninsurance.com)