The beneficiary is paid the Death benefit (sum assured) in case of
an unforeseen event of the demise of the policyholder.
In the case of
an unforeseen event of the demise of the insured, this scheme offers financial security for the loved ones not only during the term of the policy but also ahead of the term of the policy term all through the Extended Cover Period.
In
the unforeseen event of your demise, the policy's sum assured is awarded to your nominee.
Not exact matches
Term insurance plans are designed to give your family financial independence and stability in case
of your sudden
demise, accident, or other such
unforeseen events.