However, if the insured
dies during the plan tenure, the full Sum Assured is paid irrespective of the Survival Benefits already paid.
If Raghav
dies during the plan tenure Rs. 50 lakhs would be paid as death benefit.
If Raghav
dies during the plan tenure, Rs. 50 lakhs would be paid immediately.
Not exact matches
If the insured
dies during the
tenure of the
plan, the Guaranteed Death Benefit along with the accrued Paid - up Additions and any Terminal Bonus is paid to the nominee
Availed with the LIC online term
plan, the rider promises double the amount of the Sum Assured paid to the nominee in case the policyholder
dies during the chosen
tenure of this LIC term
plan.
The
plans promise considerable benefits if the policyholder
dies during the
tenure of the
plan.
The rider states that if the parent who is the policyholder and life insured under the
plan dies during the
tenure of the
plan, all future premiums payable under the
plan will be waived and paid for by the company.
A term
plan pays a benefit only if the insured
dies during the
tenure of the policy.
Max Life Partner Care rider can be availed under the
plan wherein the aggregate of all future premiums payable till the end of the term or till the insured attains 60 years of age is payable immediately if the insured
dies during the
tenure of then
plan.
Term insurance is the simplest form of life insurance
plan that offers comprehensive life coverage over a period of time and in case the insured person
dies during the
tenure of the policy, the guaranteed death benefit is payable to the nominee of the policy.
In case if you
die during the
tenure of your
plan, the nominee as per stated in the documents of the policy will be able to receive tax - free cash payouts of a predetermined amount.
Buy a
plan which waives off the premium for the remaining policy term if the policyholder
dies during the
tenure of the policy.
The payment is made in lump - sum amount if the insured person
dies during the
tenure of the
plan.
The
plan provides Coverage for the entire policy
tenure, i.e. in case the Life Assured
dies anytime
during the policy
tenure, the Death Benefit is paid to the nominee and the policy terminates.
In case of these
plans, if the life insured does not
die during the
tenure of the
plan, the life insurance company either gives back just the premium or gives back the premium with additional investment returns.