As per the new tariffs, private car owners would have to pay premium subjected to the size of the vehicles. (policybazaar.com)
On death, the Sum Assured on death is payable which is equal to the maturity Sum Assured or 10 times the annual premium subjected to a minimum of 105 % of aggregate premiums paid till death and the vested bonuses (policybazaar.com)
Insurance companies normally refund premium subject to deductions made towards administrative costs. (policybazaar.com)