This option has to be selected by you at time of inception of policy. (maxlifeinsurance.com)
In case of insured's death, then the beneficiary will receive 20 times the monthly income chosen at time of inception as lump sum. (coverfox.com)
The US's own experience in introducing diversity targets illustrates the time lag that many times characterizes policy implentations from time of inception, underscoring the need for effective incentives from the start. (europacifica.com)