In this plan you can choose to pay for a few years (12, 16, 20 or 24 years) while your life cover continues till the age of 85. In case of an unfortunate event of death, your nominee gets the death benefit, which will be sum of the following:
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Guaranteed Death Benefit which is higher of Sum Assured or 10 times the Annualized Premium
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Vested bonus, if declared
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Terminal bonus, if declared
Death benefit will never be less than 105% of the total premiums paid