In case of an unfortunate event, your family will be paid a Sum Assured on Death which will be higher of the following:
- 10 times the Annualized Premium
- Base Sum Assured
In this plan, life cover is never lesser than 105% of the Premiums Paid
Family Income Benefit Option: You have the option to receive a part of the life cover as Family Income Benefit. In this case your family will receive 50% of the Sum Assured on Death amount as lump sum and 1% of the same will be paid as monthly income spread over 60 months.
(110% of Sum Assured on Death | 60 months)