So it is a simple term insurance plan that pays only in the event of death of the life insured during the tenure of the plan. (bachatkhata.com)
In case of death of the life assured of a discontinued plan, the fund value subject to a minimum guaranteed interest will be paid to the nominee. (coverfox.com)
In the unfortunate event of death of the life assured during the policy term, the nominee will receive the death benefit as below. (relakhs.com)